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$4,850,000
Monthly Est:$24,140
43 Beds
27 Baths24 full baths + 3 half baths
26,656sqft
3 Ureco Ter Portfolio, Worcester, MA 01602
$4,850,000
$24,140/moEst:
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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, including a full gut renovation at 9 Ureco Terrace (2025), kitchen/bath upgrade at 2 Ureco Unit 2L (2023), and boiler replacements. Offered at $4,850,000 (~$202K/unit).
- Houzeo last checked: 7 hours ago
- Listing updated: August 17, 2026 at 7:05 am
- Listing Provided by: Michael Barbera (508) 509-8867 | BA Property & Lifestyle Advisors (508) 852-4227
- Source: MLS Property Information Network-MA | MLS#: 73546527
Part of
Property 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
93
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 43
Bathrooms: 27
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1910
Home type
Multi Family
Foundation Details
Stone
Utilities & Energy
Water Source
Public
Basement
Full
Parking Features
Paved Drive
Other Features
Lot Features
Other
Disclosures
Om Attached For More Detailed Information. Information Provided Is Believed To Be Reliable But Is Not Guaranteed And May Be Approximate. Buyer And Buyer’s Agent Are Advised To Perform Their Own Due Diligence And Independently Verify All Information.
Price History
| Date | Event | Price |
|---|---|---|
07/08/2026 Source: | Listed for Sale | $4,850,000 $182/sqft |
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 09, 2026, 02:30PM. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group