108 Pilgrim Ave Worcester MA 01604 MLS #73292311

108 Pilgrim Ave
Worcester, MA, 01604
$649,000
7 Beds
3 Baths
2,808 SqFt
0.14 Acres
$649,000
108 Pilgrim Ave
Worcester, MA, 01604
Open House Sep 21, 2024
12:00 – 02:00
Open House Sep 22, 2024
12:00 – 02:00
Location! Location! Location! A fantastic investment opportunity. Each of the 3 units is equipped with a new hot water tank, and the property currently generates a solid $5,400 monthly rental income, with potential for higher returns. Set on a 6,000 sq.ft. lot with 2,208 sq.ft. of living space, it provides ample room for tenants. With plenty of parking on a quiet one-way street and a solid condition.making it perfect for investors looking to maximize cash flow. The generous number of rooms and bedrooms allows for flexible rental options, increasing potential rental income. This property is low-maintenance and ready for new ownership. The size and layout make it perfect for families or groups, further enhancing its rental appeal. Whether you’re an experienced investor or new to real estate, this property presents a fantastic opportunity to build wealth through cash flow and property appreciation. Don’t miss out on securing an investment in a thriving area with solid growth potential!

Property Details

Price:
$649,000
MLS #:
73292311
Status:
Active
Beds:
7
Baths:
3
Address:
108 Pilgrim Ave
Type:
Multi Family
Subtype:
3 Family
City:
Worcester
Listed Date:
Sep 19, 2024
State:
MA
Finished Sq Ft:
2,808
Total Sq Ft:
2,808
ZIP:
01604
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1965
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Tile, Hardwood

Exterior

Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
6
Roof
Shingle

Financial

Net Operating Income
$60,700
Tax Year
2024
Taxes
$7,198
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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108 Pilgrim Ave
Worcester, MA