$925,000
$960,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
5,966 SqFt
SOLD DATE : 10/25/2024
Key Details
Sold Price $925,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,966 sqft
Price per Sqft $155
MLS Listing ID 73291424
Sold Date 10/25/24
HOA Y/N false
Year Built 1920
Annual Tax Amount $8,454
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Rare opportunity to add a mixed-use income producer to your Worcester portfolio! Located in the heart of Shrewsbury Street’s restaurants and shops this fully occupied 4 unit has a great CAP Rate. Convenient Proximity to downtown, Union Station and only seconds off rt290. Three residential units, each with three beds, bath, living room, kitchen, pantry with laundry hookup and private balcony/patio. One commercial street level unit with additional office space and storage, as well as an attached garage/ loading dock (not part of current commercial lease). Visibility from 290 and Shrewsbury Street. Electrical and plumbing updated within last several years, separately metered units, all rents are up to date.
Location
State MA
County Worcester
Zoning RG-5
Direction Shrewsbury St to E Central St.
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 3
Others
Senior Community false
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Bought with Sarkhan White • KW Pinnacle Central
At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.
193 Green Street, Melrose, Massachusetts, 02176, United States