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Adam Dow

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

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605 Millbury St , Worcester, MA 01604
$2,135,000
Est. Payment: $4,744.44/mo
24 Bed
10 Bath
10308 Sqft
Status: Under Agreement | Days on site: 122
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AN8016 - CN244988
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

Turnkey, gut-renovated 8-unit multifamily producing approximately $20,300/month / $243,600/year. All units are 3-bedroom layouts, including two newly completed 3BR/2BA units, for a total of 24 bedrooms. Major updates include new plumbing, new electrical, a new sprinkler system and fire alarm systems, separate utilities, full insulation, renovated kitchens/baths, in-unit washer/dryer in each unit, and new appliances. Strong stabilized asset and perfect opportunity for a 1031 exchange buyer seeking current cash flow, scale, and modernised systems. Convenient Worcester location near highways, shopping, public transportation, and amenities.
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Highlights

Listed by Tal Klayman , 857-234-6220 Velney Realty LLC , 617-401-9280.

Property Type

Multi-Family
Lot/Acreage
0.14

Year Built

1920

County

Worcester

Listing ID

73517217

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:24
  • ▪ Bathrooms:10
  • ▪ Full Bathrooms:10
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:7
Zoning:BL-1
Sewer:Public Sewer
Parking Features:Parking Spaces: 7
Principal Interest
$4,744
Taxes
$1,266

Home Price

$2,135,000

Loan Details

30 yrs
%

Down Payment

20%
$427,000
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:
$4,744.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,744.44 $1,266.33 $0.00 $6,010.78
Yearly $56,933.33 $15,196.00 $0.00 $72,129.33
Total $1,708,000.00 $455,880.00 $0.00 $2,163,880.00

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.