The DiRoberto Team
RE/MAX Advantage I | 508-459-5522 | [email protected]


Posted by The DiRoberto Team on 6/25/2018

This Multi-Family in Worcester, MA recently sold for $240,000. This style home was sold by The DiRoberto Team - RE/MAX Advantage I.


59 Catharine St, Worcester, MA 01605

Multi-Family

$250,000
Price
$240,000
Sale Price

3
Units
4,386
Approx. GLA
BIG OPPORTUNITY! Enormous 3 family! Each floor has 6 rooms / 3 bedrooms / in-unit laundry hookups. Fully occupied with room to grow rents significantly. Most big updates are already done: Roof replaced in 2012, vinyl siding, all but a few windows are vinyl replacements. Other updates include: basement sewer pipe replacement (2014), new boiler (2014), 2nd floor lead cert of compliance (2016), 1st and 2nd floor porch rebuilds. List price reflects opportunity to dramatically increase annual income by overhauling the 3rd floor. 3rd floor currently occupied by long term TAW and will eventually require total cosmetic overhaul. Currently parking is on-street only. There is a curb cut to the right of the building and buyer may conduct due diligence about potential for adding driveway. Three electric panels (no owner's panel). Walk up attic. Current income reflects intentionally below market rents. GROUP SHOWING BY APPOINTMENT 3PM - 4PM THIS SUNDAY 4/15.

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Categories: Sold Homes