2 Henchman St, Worcester, MA, 01605
59 rooms
33 beds
13 Full baths
1900
15,075 sqft
Henchman & Moen, consists of three adjoining multi-family investment properties located at 2 & 2 ½ Henchman Street and 8 Moen Street in Worcester, MA (the“Property”). This well-maintained 13-unit property consists of six 2-bedroom/1-bathroom units and seven 3-bedroom/1-bathroom units, totaling 15,075 sq. ft. of living space on a 0.26-acre parcel. 11 of the 13 units have been extensively renovated with new kitchens, bathrooms, and flooring. All units have lead certificates and are separately metered for heat, hot water, and electricity, which are paid directly by the tenants. The property also features an on-site laundry facility and three parking spaces. The opportunity exists to increase rents in the renovated units and implement programmatic upgrades to the remaining two unrenovated units to maximize rental income. The property is steps from Downtown Worcester, WPI and UMass Memorial Medical Center. This is an excellent investment opportunity in one of MA’s most dynamic markets.
Status:
Active
Type:
Multi-family
Units:
13
Zoning:
RG-5
Basement:
Full
Levels:
8
Parking:
3-car, Off Street
Acreage:
0.26
Est. Taxes:
$13,012
Assessment
$986,500
Lot Description:
Corner Lot
MLS #:
73364161
Compensation Based On:
Net Sale Price
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Listing courtesy of Ethan Lazar, Horvath & Tremblay Phone: 781-776-4000