148-152 Millbury StreetWorcester, MA 01610MLS Number 72322697

  • Price: $720,000
  • Est. Mortgage of $/month
  • 134 Days on Market
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Federal 30-year interest rate: 4.6% last updated on Sep 13, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 8Bedrooms
  • 0.18Acreage
  • 10Bathroom
  • 1920Year Built

The large mixed-use building located on Millbury Street near Kelley Square. Building is comprised of 8 apartments, including 6 one-bedrooms and 2 studios, and a popular restaurant/sports bar on the first floor that is on a lease which covers a portion of the taxes, all snow plowing and half the trash costs with the apartments. The building is approximately 12,000 sf and includes a nearly 5,000 sf parking lot off the back of the building for tenants, which is rare for Worcester. Laundry is located on the third floor and provides great additional income. Buyers have the ability to acquire a fully occupied, cash-flowing building, with a strong rental history and a commercial tenant that has been there for over 30 years. Potential to make 20% return on investment - Just down the street from the new Worcester Red Sox location.

Listed by Matthew Pierce of Marcus & Millichap Real Estate Investment Services

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More Info

Parking

  • Garage Spaces
  • Parking Spaces12
  • Parking DescriptionOff-Street

Building

  • Year Built1920
  • ConstructionFrame
  • Bathroom10
  • Full Baths8
  • Half Baths2
  • Bedrms 11
  • Bedrms 21
  • Bedrooms8
  • Total Brs8
  • Rms 13
  • Total Fbh8
  • Rms 23
  • Total Flrs4
  • Rms CommonLaundry
  • Total Half Baths2
  • Total Levels2
  • No Units9
  • No Rooms6
  • Total Rms24
  • Total Rooms6
  • Levels3
  • Levels 11
  • Levels 21
  • BasementYes
  • FoundationPoured Concrete, Fieldstone
  • DirectionCorner of Sigel and Millbury Street
  • Lead PaintUnknown

Basic Information

  • StatusUAG
  • Property Type5-9 Family
  • Date Listed05/08/2018
  • List Price$720,000
  • Price Per Sq Ft$88
  • Status Date2018-06-13T16:21:00
  • Ant Sold Date2018-08-29T00:00:00
  • MLS Number72322697

Interior

  • Basement FeatureFull
  • F Bths 21
  • F Bths 11
  • Flrs 12
  • Flrs 22

Exterior

  • ExteriorVinyl
  • Exterior FeaturesBalcony, City View(s)
  • Roof MaterialAsphalt/Fiberglass Shingles

Water Body

  • WaterfrontNo
  • BeachfrontNo

Other

  • Wse2300
  • Year Built DescrpActual
  • Apod AvailableYes
  • Insc5400
  • Rme4000
  • Noi57240
  • Mgf4174

Location

  • Street Num148
  • Building Number148-152
  • StreetMillbury Street
  • TownWorcester
  • StateMA
  • Zip01610
  • CountyWorcester

Property

  • Acreage0.18
  • Lot Size7840
  • Square Feet8147
  • Lease 1N
  • Lease 2N
  • Lot DescriptionCorner
  • Rent2800
  • Rent1800
  • Total Rent7200
  • Assessments500000
  • Main LoAN1252
  • Road TypePublic

Utilities

  • Elec600
  • WaterCity/Town Water
  • SewerCity/Town Sewer

Photos

  • Number of Photos16
  • Photo Date2018-05-08T12:07:00
  • Prop TypeMF

Your Local Office

Foster-Healey Leominster Office

Foster-Healey Leominster Office

50 Central Street,
Leominster, MA 01453

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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