256 Belmont St

Worcester, MA 01604

About this property

PRIME WORCESTER 3-FAMILY INVESTMENT OPPORTUNITY! Fully occupied and generating $61,200 in annual gross rental income ($5,100/month)! This income-producing multifamily features 7 bedrooms, 3 full baths, spacious layouts, cosmetic updates, abundant basement storage, an outdoor shed, and a fenced backyard. Lead compliant. Tenants currently utilize a nearby parking lot as an alternative to on-site parking. Ideally located on Belmont Street (Route 9), minutes from UMass Memorial Medical Center, Shrewsbury Street's dining district, downtown Worcester, Union Station, I-290, I-90/Mass Pike, universities, and shopping. An excellent opportunity for investors seeking immediate cash flow and long-term potential. Rear porch was enclosed to gain additional sqft. SHOWINGS BEGIN AT OPEN HOUSE SATURDAY, NOVEMBER 7, 11 AM-1 PM!

About this property

PRIME WORCESTER 3-FAMILY INVESTMENT OPPORTUNITY! Fully occupied and generating $61,200 in annual gross rental income ($5,100/month)! This income-producing multifamily features 7 bedrooms, 3 full baths, spacious layouts, cosmetic updates, abundant basement storage, an outdoor shed, and a fenced backyard. Lead compliant. Tenants currently utilize a nearby parking lot as an alternative to on-site parking. Ideally located on Belmont Street (Route 9), minutes from UMass Memorial Medical Center, Shrewsbury Street's dining district, downtown Worcester, Union Station, I-290, I-90/Mass Pike, universities, and shopping. An excellent opportunity for investors seeking immediate cash flow and long-term potential. Rear porch was enclosed to gain additional sqft. SHOWINGS BEGIN AT OPEN HOUSE SATURDAY, NOVEMBER 7, 11 AM-1 PM!

Features and Additional Information

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$640,000 Active
7 Bed(s)
3
Baths
3,090 sqft

Presented By H-K Realty

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Get in touch today! Phone: 1-603-684-2609
Brokerage
Coldwell Banker Realty - Newton
1-617-969-2447
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Area Information

Worcester | Worcester County |

$ 640,000
This listing is play_arrow 67.4% higher than the average in the area
$ 382,400 in the area
3,090 SqFt
This listing is play_arrow 132.4% larger than the average in the area
1,330 SqFt in the area
$ 207 $/SqFt
This listing is play_arrow 29.7% less than the average in the area
$ 295 $/SqFt in the area
7 days on site
This listing is play_arrow 93.3% below the average in the area
105 days on site in the area

Schools in the Area

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Listed By Diane Basemera
Brokerage: Coldwell Banker Realty - Newton

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