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6 Fruit St Worcester, MA 01609
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Key Details
Sold Price $1,585,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,682 sqft
Price per Sqft $278
MLS Listing ID 73239807
Sold Date 08/26/24
Bedrooms 17
Full Baths 7
Year Built 1890
Annual Tax Amount $9,497
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type 5-9 Family
Property Description
This well-maintained 7-unit property consists of three 3-bedroom/1-bathroom and four 2-bedroom/1-bathroom units, totaling 5,682 sq ft of living space. Notably, all units have undergone extensive renovations, mostly featuring granite countertops, stainless steel appliances, new bathrooms, and modern finishes. It is separately metered for heat and electric, with the owner only responsible for hot water. The property also includes off-street parking. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $13,145 monthly. Centrally located, it's within less than a mile of WPI and a short walk from Elm Park and other downtown amenities. Listed at a 7.35 cap rate, this property represents a valuable investment a growing Worcester market.
Location
State MA
County Worcester
Zoning RG-5
Direction Use GPS
Exterior
Community Features Public Transportation, Shopping, Park, Medical Facility, University
Total Parking Spaces 3
Garage No
Building
Lot Description Gentle Sloping
Story 11
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Gabriele Luzzi • Berkshire Hathaway HomeServices Commonwealth Real Estate
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