2 Henchman St Worcester MA 01605 MLS #73364161

2 Henchman St
Worcester, MA, 01605
$2,800,000
33 Beds
13 Baths
15,075 SqFt
0.26 Acres
$2,800,000
2 Henchman St
Worcester, MA, 01605
Henchman & Moen, consists of three adjoining multi-family investment properties located at 2 & 2 ½ Henchman Street and 8 Moen Street in Worcester, MA (the“Property”). This well-maintained 13-unit property consists of six 2-bedroom/1-bathroom units and seven 3-bedroom/1-bathroom units, totaling 15,075 sq. ft. of living space on a 0.26-acre parcel. 11 of the 13 units have been extensively renovated with new kitchens, bathrooms, and flooring. All units have lead certificates and are separately metered for heat, hot water, and electricity, which are paid directly by the tenants. The property also features an on-site laundry facility and three parking spaces. The opportunity exists to increase rents in the renovated units and implement programmatic upgrades to the remaining two unrenovated units to maximize rental income. The property is steps from Downtown Worcester, WPI and UMass Memorial Medical Center. This is an excellent investment opportunity in one of MA’s most dynamic markets.

Property Details

Price:
$2,800,000
MLS #:
73364161
Status:
Active
Beds:
33
Baths:
13
Address:
2 Henchman St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
City:
Worcester
Listed Date:
Apr 24, 2025
State:
MA
Finished Sq Ft:
15,075
Total Sq Ft:
15,075
ZIP:
01605
Lot Size:
11,325 sqft / 0.26 acres (approx)
Year Built:
1900
Units:
13

Schools

Interior

Bathrooms
13 Full Bathrooms
Fireplaces Total
9

Exterior

Parking Features
Off Street
Parking Spots
3

Financial

Net Operating Income
$220,459
Tax Year
2025
Taxes
$13,012
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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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2 Henchman St
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