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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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3 Ureco Ter Portfolio , Worcester, MA 01602
$4,850,000
Est. Payment: $10,777.78/mo
43 Bed
27 Bath
26656 Sqft
Status: Active | Days on site: 71
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AN7401 - K8000356
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Rare opportunity to acquire a clustered 24-unit multifamily portfolio in Worcester's highly desirable Newton Square/West Side neighborhood. Five properties — 827 Pleasant St (10 units), 2 Ureco Terrace (9 units), 7–9 Ureco Terrace (2 units), 831 Pleasant St (2 units), and 3 Ureco Terrace (1 unit) — all situated along a single private drive, delivering concentrated operational efficiency unavailable in dispersed portfolios. 95.8% occupied with gross scheduled rent of $475,800/yr and stabilized NOI of $240,197. Average in-place rent of $1,724/month with meaningful near-term upside given the premium Newton Square location and ~$395,000 in recent capital improvements, including a full gut renovation at 9 Ureco Terrace (2025), kitchen/bath upgrade at 2 Ureco Unit 2L (2023), and boiler replacements. Offered at $4,850,000 (~$202K/unit).
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Highlights

Listed by Michael Barbera , 508-509-8867 BA Property & Lifestyle Advisors , 508-852-4227.

Property Type

Multi-Family
Lot/Acreage
1

Year Built

1910

County

Worcester

Area

West Side

Listing ID

73546527

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:43
  • ▪ Bathrooms:27
  • ▪ Full Bathrooms:24
  • ▪ 1/2 Bathrooms:3
Water:Public

Exterior Features

Garage Capacity:30
Zoning:RS-10\ RL7
Sewer:Public Sewer
Parking Features:Paved Drive,Parking Spaces: 30
Principal Interest
$10,778
Taxes
$5,741

Home Price

$4,850,000

Loan Details

30 yrs
%

Down Payment

20%
$970,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,777.78 $5,741.00 $0.00 $16,518.78
Yearly $129,333.33 $68,892.00 $0.00 $198,225.33
Total $3,880,000.00 $2,066,760.00 $0.00 $5,946,760.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Worcester, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.