205 Millbury St

    Worcester, MA 01608
    • $665,000
    • STATUS: Sold
    • MLS #: 72529860
    Sold - 07/02/2019
    $665,000
    SOLD - 07/02/2019
    • 0
      BEDS
    • 229.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,900
      SQFT
    • $67
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Fritzie Puverge of My Harvard Apartment.

    Description

    8 unit mixed-use rare opportunity. Only 5 minutes to Kelly Square revitalization project and 8 min walk to the new Redsox Stadium. This 8 unit mixed is spread over 9,900 sq ft of rental living and leasing space. Adjacent parcel 3,600 sqft parking lot which is INCLUDED in asking price. This is Truly a Rare value added the mixed-use multi-family asset. Stabilized Cap Rate @ 17%+. Jaw dropping ARV @ $1.44M (with Grade A rehab): Bedroom& Baths: 18 Bed, 6 Full Baths 2 Half Bath.Total Living: 9,900.Total Lot size: 10,900 Per Sq/ft: $70/sqft!!! Unit Mix: 6x (3Bed 1Bath | 1,008 sqft) 2x (Retail space| 1,900 sq f. New rubber flat roof as of 2018. New Heating furnace, updated porch, off street Parking for 10 Cars, Fire Sprinkler system. Being sold "as-is".

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-07-15T19:47:49.047.
    www.trustrealtyone.com/homes/96625700

    205 Millbury St Worcester, MA 01608

    • Price: $665,000
    • Status: Sold
    • Updated: 24 min ago
    • MLS #: 72529860
    0
    Beds
    0
    Baths
    0
    ½ Baths
    229.57
    Acres
    9,900
    SQFT
    $67
    $/SQFT
    1920
    Built
    Neighborhood:
    Other
    County:
    Worcester
    Area:
    Other
    Property Description
    8 unit mixed-use rare opportunity. Only 5 minutes to Kelly Square revitalization project and 8 min walk to the new Redsox Stadium. This 8 unit mixed is spread over 9,900 sq ft of rental living and leasing space. Adjacent parcel 3,600 sqft parking lot which is INCLUDED in asking price. This is Truly a Rare value added the mixed-use multi-family asset. Stabilized Cap Rate @ 17%+. Jaw dropping ARV @ $1.44M (with Grade A rehab): Bedroom& Baths: 18 Bed, 6 Full Baths 2 Half Bath.Total Living: 9,900.Total Lot size: 10,900 Per Sq/ft: $70/sqft!!! Unit Mix: 6x (3Bed 1Bath | 1,008 sqft) 2x (Retail space| 1,900 sq f. New rubber flat roof as of 2018. New Heating furnace, updated porch, off street Parking for 10 Cars, Fire Sprinkler system. Being sold "as-is".
    Exterior Features

    Construction Brick Location DowntownShopping Mall Parking Features 1-10 Spaces Parking Spaces 6 Roof Material Rubber Stories 5

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Restrooms 8 Rsf Building Sq Ft 6600.00 Total Building Sq Ft 9900.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 361000.00 Assessed Value Land 76000.00 Assessed Value Total 437100.00 Commercial Industrial Type Commercial Disclosure No Exchange No Finance Code Private Lease No Lease Type Triple Net Lease (Nnn) Lender Owned No Mau Units 0 Ofu Units 2 On File21 E No Reu Units 0 Rsu Units 6 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2018 Taxes 14874.51 Total Units 8 Utilities Public Water Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning Bg-3

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Fritzie Puverge of My Harvard Apartment.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-07-15T19:47:49.047.
     
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    Listing courtesy of Fritzie Puverge of My Harvard Apartment.