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143-147 Vernon Street Worcester, MA 01604
10,806 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,806 sqft
Price per Sqft $210
MLS Listing ID 73506607
HOA Y/N false
Year Built 1900
Annual Tax Amount $29,785
Tax Year 2026
Lot Size 0.550 Acres
Acres 0.55
Property Description
Exceptional investment opportunity to acquire a well-maintained mixed-use 8-unit portfolio, proudly held by the same family for two generations. The portfolio includes two three-unit buildings and one two-family, delivering a flexible and desirable unit mix. The property features abundant off-street parking, two parking areas and a three-car garage. Extensive care is evident throughout, with numerous updates to cosmetics, plumbing, electrical systems. Many units have updated kitchens, bathrooms, forced hot air heating systems and are outfitted with in unit washer and dryer to enhance tenant appeal. Rents are currently below market, presenting a compelling value-add opportunity with the ability to increase annual income conservatively by $40,000. Ideally located near major highways, hospitals, and Union Station, this asset offers strong fundamentals, excellent accessibility, and long-term upside.
Location
State MA
County Worcester
Zoning RG-5
Direction On Vernon Street between Windham Street and Harlem Street.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 110 Volts, 220 Volts, See Remarks
Roof Type Shingle
Others
Senior Community false
Listed by RE/MAX Partners
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