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Street View
$4,850,000
43 Beds
- 27 Baths
24 full baths + 3 half baths
26,656sqft
3 Ureco Ter Portfolio, Worcester, MA 01602
$4,850,000
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Multi Family
Built in 1910
$-- HOA
1 acre lot
$182/sq.ft
Description
Rare opportunity to acquire a clustered 24-unit multifamily portfolio in Worcester's highly desirable Newton Square/West Side neighborhood. Five properties — 827 Pleasant St (10 units), 2 Ureco Terrace (9 units), 7–9 Ureco Terrace (2 units), 831 Pleasant St (2 units), and 3 Ureco Terrace (1 unit) — all situated along a single private drive, delivering concentrated operational efficiency unavailable in dispersed portfolios. 95.8% occupied with gross scheduled rent of $475,800/yr and stabilized NOI of $240,197. Average in-place rent of $1,724/month with meaningful near-term upside given the premium Newton Square location and ~$395,000 in recent capital improvements, includi...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1910
HOA Fees
-
Finished Area
26,656 sqft
Lot Size
1 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73546527
MLS Status
Active
Days on Market
47
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