$450,000
 $2,416 est/mo Sourced by Back At You

723 Main,Warren, MA 01083

Warren, MA 01083

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Description

Excellent opportunity for an investor or owner-occupant with this well-maintained three-family property in Warren. The property offers a strong combination of existing income and immediate rental upside, with two units recently renovated, cleaned, and intentionally left vacant, giving the new owner the flexibility to select their own tenants, establish current market rents, or occupy one of the units.The third unit is currently rented for $1,300 per month, slightly below the estimated market rent of approximately $1,450 per month. The two vacant units are also projected at approximately $1,450 per month each, creating the potential for approximately $4,350 per month / $52,200 annually in gross rental income if all three units were rented at the stated market rent.The available units feature bright, clean interiors, updated kitchens and baths, neutral finishes, and spacious living areas. The property has been prepared for its next owner, allowing for a relatively straightforward transition into leasing the vacant units.Whether you're looking to house hack by living in one unit while collecting rent from the others or add a three-family property with value-add rental potential to your portfolio, 723 Main Street offers multiple options from day one.Two renovated units are vacant and ready for occupancy or new tenants. One unit is currently income-producing at $1,300/month. A great opportunity to acquire a multi-family property with both existing cash flow and room to increase income.

Details

MLS #73579253
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1897
Days On Site9
Listing Provided ByBoardwalk Properties | Elias Kassis

Features

Bed(s)6
Bath(s) 3 Total
SQ Feet3,348
BasementY
Story(s)3
Units3
ZoningVIL
Acreage0.18

Interior

Rooms Total18
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Foundation DetailsStone, Brick/Mortar
Lot FeaturesCleared, Level

Parking

Garage Yes / NoNo
Parking FeaturesOff Street

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount2944
Tax Assessed Value198800
Tax Year2025

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyWorcester
CityWarren
Zip Code01083
AreaWorcester
Listing VS Median (in 01083)
Price:
$450,000
low | high
Med:
$408,950
59.122222222222% of Average
sqft:
3,348
low | high
Med:
2,496
75.462962962963% of Average
$ / sqft:
$134
low | high
Med:
$170
23.670157009267% of Average
On site:
9
low | high
Med:
70
12.857142857143% of Average
Sourced by Back At You

Market Activity 01083

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Learn More About This Property

H-K Realty

H-K Realty

 (603) 684-2609hk@h-krealty.com
StateMA
CountyWorcester
CityWarren
Zip Code01083
AreaWorcester
Listing VS Median (in 01083)
Price:
$450,000
low | high
Med:
$408,950
59.122222222222% of Average
sqft:
3,348
low | high
Med:
2,496
75.462962962963% of Average
$ / sqft:
$134
low | high
Med:
$170
23.670157009267% of Average
On site:
9
low | high
Med:
70
12.857142857143% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $337K - $562K
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
54 Bacon St Property Photo 1
$320,000
54 Bacon St
Warren, MA 01083
Listing Updated: September 24, 2026 at 7:57:04 PM PDT
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