906 Main St - Multi-Family FOR SALE


Worcester, MA 01610- University Park
$665,000 USD
508-596-5395
906 Main St, Worcester, MA for Sale
$665,000 USD
Multi-Family - FOR SALE
1/9
null | Request Cap Rate

906 Main St
Worcester, MA 01610
University Park


OVERVIEW

Kelleher & Sadowsky Associates, Inc. is pleased to present 906 Main Street in Worcester, Massachusetts. This three story, 5,091 SF building sits on a 0.27 acre lot, and is currently being utilized as student housing for Clark University housing approximately 15-20 graduate students. This property has the potential to continue as student housing or be converted back to a multifamily property. Zoning of BG 3.0 allows for conversion to a number of different uses including office. Its proximity to downtown Worcester and the Main South neighborhood makes this property a compelling investment opportunity with strong potential for growth. Located in the heart of Worcester, minutes from downtown and easily accessible to all major thoroughfares, this offering provides an exceptional foundation for capitalizing on the city's economic growth. With its strategic positioning and versatile zoning, this property embodies the promise of a lucrative investment in the Worcester area. For additional information please contact the listing Brokers.

FOR SALE DETAILS

PRICE

$665,000 USD

PRICE/SF

$131 USD /SF

# OF UNITS

10

PRICE/UNIT

$66,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

BG-3

APN/PARCEL ID

WORC-000006-000042-000018

ASK ABOUT THIS PROPERTY

William KelleherKelleher & Sadowsky Associates, Inc.More Info
508-596-5395

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William KelleherKelleher & Sadowsky Associates, Inc.More Info
508-596-5395

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