Worcester, MA 01605,2 Henchman St
Worcester, MA 01605,2 Henchman St
Worcester, MA 01605,2 Henchman St
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$2,950,000
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33 BD
13 BA
15,075 SqFt
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2 Henchman St Worcester, MA 01605

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UPDATED:

11/29/2024 08:05 AM

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 15,075 sqft

Price per Sqft $195

MLS Listing ID 73315510

Bedrooms 33

Full Baths 13

Year Built 1900

Annual Tax Amount $21,475

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Description

Henchman & Moen, consists of three adjoining multi-family investment properties located at 2 & 2 ½ Henchman Street and 8 Moen Street in Worcester, MA (the“Property”). This well-maintained 13-unit property consists of six 2-bedroom/1-bathroom units and seven 3-bedroom/1-bathroom units, totaling 15,075 sq. ft. of living space on a 0.26-acre parcel. 11 of the 13 units have been extensively renovated with new kitchens, bathrooms, and flooring. All units have lead certificates and are separately metered for heat, hot water, and electricity, which are paid directly by the tenants. The property also features an on-site laundry facility and three parking spaces. The opportunity exists to increase rents in the renovated units and implement programmatic upgrades to the remaining two unrenovated units to maximize rental income. The property is steps from Downtown Worcester, WPI and UMass Memorial Medical Center. This is an excellent investment opportunity in one of MA’s most dynamic markets.

Location

State MA

County Worcester

Zoning RG-5

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Exterior

Total Parking Spaces 3

Garage No

Building

Lot Description Corner Lot

Story 8

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false


Listed by Horvath & Tremblay

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James Lynch

Agent | License ID: 9510114

+1(781) 244-2863

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2 Henchman St