$1,025,000
$1,100,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
9 Mount Vernon St Worcester, MA 01605
12 Beds
6 Baths
6,222 SqFt
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,222 sqft
Price per Sqft $164
MLS Listing ID 73214513
Sold Date 09/03/24
Bedrooms 12
Full Baths 6
Year Built 1927
Annual Tax Amount $11,129
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5-9 Family
Property Description
This well-maintained 6-unit property is comprised of six spacious 2-bedroom/1-bathroom units, totaling 6,222 sq ft of living space. Notably, all units are separately metered for heat, hot water, and electricity. A new roof has been recently installed, and all units hold lead certificates. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of nearly $9,900 monthly. The property is centrally located, placing it is less than a mile from WPI and a short drive from all downtown amenities. It is directly across from Grant Square Park, offering 1.7 acres of recreational area. List price is a 7.73 cap rate on current.
Location
State MA
County Worcester
Zoning RG-5
Direction Use GPS
Rooms
Basement Full
Exterior
Community Features Public Transportation, Park, Medical Facility, Highway Access, University
Roof Type Rubber
Garage No
Building
Lot Description Sloped
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Ethan Lazar • Horvath & Tremblay