5 Massasoit Rd Worcester MA 01604 MLS #73266036

5 Massasoit Rd
Worcester, MA, 01604
$599,900
4 Beds
2.5 Baths
4,112 SqFt
0.09 Acres
$599,900
5 Massasoit Rd
Worcester, MA, 01604
**BACK ON MARKET; previous buyer unable to secure financing giving you a second chance at this great property!** Entrepreneurs and investors, this one’s for you! This mixed-use building in the heart of Worcester is a dynamic blend of commercial and residential space. A newly vacant commercial unit is a blank canvas; transform the space to suit your specific needs. Formerly utilized for food service so can be easily revamped for the same or redesigned into countless possibilities for a new venture. Bring your business plans to fruition while having the added bonus of an additional $3,575 revenue from the residential units above. Well-maintained, spacious 2 bedroom units have in-unit laundry and separate utilities. Location is second to none within close proximity to highway access, Polar Park, and colleges. Now is the time to seize this opportunity and make your mark!

Property Details

Price:
$599,900
MLS #:
73266036
Status:
Active
Beds:
4
Baths:
2.5
Address:
5 Massasoit Rd
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Worcester
Listed Date:
Jul 17, 2024
State:
MA
Finished Sq Ft:
4,112
Total Sq Ft:
4,112
ZIP:
01604
Lot Size:
4,053 sqft / 0.09 acres (approx)
Year Built:
1920
Units:
3

Schools

Interior

Appliances
Range, Microwave, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Window Unit(s)
Flooring
Tile, Vinyl, Varies, Hardwood
Heating
Forced Air, Electric, Natural Gas, Baseboard
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters
Roof
Shingle

Financial

Net Operating Income
$63,162
Tax Year
2024
Taxes
$6,402
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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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5 Massasoit Rd
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