78 Downing St, Worcester, MA 01610

Description

Superb opportunity to acquire a stabilized 6-family directly across from Clark University, generating $11,550/month in rental income and a strong $106,100 NOI. Additional revenue comes from coin-op laundry and a heated basement storage/workshop. The property offers a desirable mix of three 2 bed/1 bath units and three 3 bed/1 bath units, plus a fully leased 4-car garage. All apartments are renovated with modern layouts that attract quality tenants. The building is sprinklered, fully insulated, separately metered with tenant-paid electric, and five units are deleaded. In a prime walk-to-campus location with consistent rental demand, this asset is ideal for portfolio buyers...