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Listed By
Agency Name: Douglas Elliman Real Estate - Park Plaza
Agent Name: Brody Murphy Novak Group
Agency Phone: 617-267-3500
Shown By
Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.
3-building, 9-unit multifamily bundle in Worcester's WPI District. 59 Dover St (3BR/3BR/3BR + garage, 3,004 SF), 172 Russell St (5BR/5BR/5BR, 4,712 SF), 176 Russell St (4BR/4BR/4BR, 3,972 SF). Combined 11,688 SF, built 1905-1915. Stabilized gross income $333,000/yr with $12,600 in scheduled increases. All units leased at market rent with near-zero vacancy driven by WPI student demand ?? 5,800+ students, only first-years guaranteed housing. 172 & 176 Russell are adjacent, offering management efficiencies. 172 Russell is the highest-income property at $136,800/yr. Most units extensively renovated with updated kitchens and modern finishes. Part...read more
Estimated Payment
$ 10,503.79 per month $7,344.37 Principal & Interest $2,196.92 Property Tax $962.50 Homeowner's InsuranceListed By
Agency Name: Douglas Elliman Real Estate - Park Plaza
Agent Name: Brody Murphy Novak Group
Agency Phone: 617-267-3500
Shown By
Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.
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59 Dover St, Worcester, MA 01609.
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59 Dover St, Worcester, MA 01609.
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