50 Water St - Apartments FOR SALE


Worcester, MA 01604- Green Island
$2,490,000 USD
508-635-8259
50 Water St, Worcester, MA for Sale
$2,490,000 USD
Apartments - FOR SALE
1/47
null | Request Cap Rate

50 Water St
Worcester, MA 01604
Green Island


OVERVIEW

Turnkey mixed-use investment opportunity! This fully renovated 4-unit property features a restaurant on the ground floor and three upscale residential apartments above. Every unit has been updated with high-end finishes, offering modern style and durability for years to come. The building is fully leased, professionally managed, and maintained to the highest standard with no deferred maintenance—making it a truly hassle-free asset. Strong rent roll provides reliable income, while the combination of commercial and residential tenants creates long-term stability. An ideal addition to any portfolio seeking quality, performance, and peace of mind.

FOR SALE DETAILS

PRICE

$2,490,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

4

PRICE/UNIT

$622,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,158 SF

ZONING

BG-3

APN/PARCEL ID

WORC-000004-000021-000001

ASK ABOUT THIS PROPERTY

James KalogeropoulosRE/MAX PartnersMore Info
508-635-8259

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James KalogeropoulosRE/MAX PartnersMore Info
508-635-8259

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.