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Worcester - 5750000 BR:96 BA:0 - mls property id:71622823 | Worcester MA | 4647420201

Boston realty advisors
$5,750,000

Worcester - 5750000 BR:96 BA:0 - mls property id:71622823

Price:
$5,750,000
BR/BA:
9 BR
Location:
Worcester, MA
Description:

This eight building, 24 unit building portfolio offers 87 beds with the potential for 96 rentable bedrooms. the portfolio offers investors a critical mass portfolio with attractive operating efficiencies and a very strong tenant base. historically the city of worcester only allowed 3 (3) bedrooms per unit but recently the massachusetts supreme judicial court increased the allowed number of bedrooms per unit to 4 (4) allowing for the potential for ninety-six (96) total bedrooms in the portfolio. with excellent student demand the portfolio has proven historically low vacancy rates and has been occupied by students from numerous universities including holy cross, worcester state, clark university, and worcester polytechnic institution.
Property Type:
Single-Family Houses
Sq feet:
99,999 sq. ft.
For sale by:
Agent/Broker
Agent Name:
Boston Realty Advisors
MLS Number:
71622823
Posted:
August 28 2017 on MLSHomeFinder.com
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More About this Listing: Worcester - 5750000 BR:96 BA:0 - mls property id:71622823
Worcester - 5750000 BR:96 BA:0 - mls property id:71622823 is a 9 Bedroom Single-Family Homes for Sale in Worcester MA. Find other listings like Worcester - 5750000 BR:96 BA:0 - mls property id:71622823 by searching Oodle Classifieds for 9 Bedroom Single-Family Homes for Sale in Worcester MA.