Boston realty advisors
This listing was posted on Boston realty advisors (via MLSHomeFinder.com).
Worcester - 5750000 BR:96 BA:0 - mls property id:71622823
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.
99,999 sq. ft.
For sale by:
Boston Realty Advisors
August 28 2017 on MLSHomeFinder.com