16 Gates St Worcester MA 01610 MLS #73404412

16 Gates St
Worcester, MA, 01610
$860,000
11 Beds
4 Baths
4,480 SqFt
0.33 Acres
$860,000
16 Gates St
Worcester, MA, 01610
Don’t miss this great investment opportunity steps from Clark University! This large 4 family with three 3 bed units and a 2 bed unit is fully rented with room for improvements and rent increases in coming months. The property offers a great level backyard abutting the park with .33 acres offering expansion opportunities with an attached or detached ADU. Two other properties one street over being offered by seller at 21 Grand & 27 Grand Street for a potential 3 property 10 unit portfolio opportunity. Call for details.

Property Details

Price:
$860,000
MLS #:
73404412
Status:
Active Under Contract
Beds:
11
Baths:
4
Address:
16 Gates St
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
City:
Worcester
Listed Date:
Jul 15, 2025
State:
MA
Finished Sq Ft:
4,480
Total Sq Ft:
4,480
ZIP:
01610
Lot Size:
14,280 sqft / 0.33 acres (approx)
Year Built:
1910
Units:
4

Schools

Interior

Bathrooms
4 Full Bathrooms

Exterior

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

Financial

Net Operating Income
$60,000
Tax Year
2025
Taxes
$8,949
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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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