$684,000
13 Gilman Street
Worcester, MA, 01605
This multi-family investment property offers a solid rental income potential with a prime location. With a total of 9 bedrooms and 4 bathrooms, this property has a spacious layout offering great flexibility. Investment Highlights: Strong rental demand in Worcester due to its proximity to local universities, healthcare institutions, and a growing downtown area. Recent updates and maintenance in common areas and individual units, ensuring lower immediate expenses for the new owner (see attached). Potential for significant cash flow with rent increases as property values in the area continue to rise. Well-maintained exterior and solid infrastructure.
Property Details
Price:
$684,000
MLS #:
73303190
Status:
Pending
Beds:
9
Baths:
4
Address:
13 Gilman Street
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Neighborhood:
Green Hill
City:
Worcester
Listed Date:
Oct 16, 2024
State:
MA
Finished Sq Ft:
3,284
Total Sq Ft:
3,284
ZIP:
01605
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1923
Units:
3
Schools
Interior
Appliances
Dishwasher, Range, Refrigerator, Range Hood
Bathrooms
4 Full Bathrooms
Flooring
Tile, Hardwood
Laundry Features
Washer & Dryer Hookup
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, University
Construction Materials
Frame
Parking Features
Off Street, Paved
Parking Spots
2
Roof
Shingle
Financial
Tax Year
2023
Taxes
$8,704
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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Courtesy of Coldwell Banker Realty – Belmont. 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.
13 Gilman Street
Worcester, MA
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