21 Sycamore StreetWorcester, MA 01608MLS Number 72788421

  • Price: $1,089,000
  • Est. Mortgage of $/month
  • 14 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 3.02% last updated on Mar 4, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Under Agreement
21 Sycamore Street Worcester MA 0160821 Sycamore Street Worcester MA 0160821 Sycamore Street Worcester MA 0160821 Sycamore Street Worcester MA 0160821 Sycamore Street Worcester MA 0160821 Sycamore Street Worcester MA 01608
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  • 23Bedrooms
  • 0.13Acreage
  • 7Bathrooms
  • 1890Year Built
**EXCELLENT TURN-KEY INVESTMENT OPPORTUNITY** Fully-rented 7-unit located a block from downtown Main St & less than a mile to the NEW Polar Park, future home of Worcester Red Sox & thriving Canal district development project. Property consists of (5) - 3 bed units; (2) - 4 bed units. Property well-maintained & professionally managed. Gross rent-roll below market @ $111,888; and operating expenses @ $29,000/year. See attached income & expense breakdown. All utilities are separate. Cost/Unit of $157,000 makes it an attractive investment. Polar Park, a 10,000-seat baseball stadium,140-room extended stay hotel, 110-room boutique hotel, 225 market-rate apts, 96,000 sqft office building above, 50,000 sqft of retail & restaurants, 500+ parking spaces. This is an exciting time for the city of Worcester. The following colleges are between 4 min &10 min drive from the building (WPI, Holy Cross, Clark, Assumption College, Worcester State, UMass Medical School, Becker & Mass College of Pharmacy)
Listed by Stephen Martin of Lux Realty North Shore

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More Info

Parking

  • Garage Spaces
  • Parking Spaces
  • Total Parking Spaces

Building

  • Year Built1890
  • ConstructionFrame
  • Bathroom7
  • Full Bath7
  • Bedrooms23
  • Total Brs23
  • Total Fbh7
  • Total Flrs1
  • No Rooms25
  • Total Rms39
  • Total Rooms25
  • Levels3
  • BasementYes
  • Bedrms 13
  • Bedrms 23
  • Bedrms 33
  • Bedrms 43
  • FoundationPoured Concrete, Concrete Block, Fieldstone, Brick
  • DirectionGoogle Maps
  • Terms FeatureContract for Deed
  • Rms 15
  • Rms 25
  • Rms 35
  • Rms 45
  • Lead PaintCertified Treated
  • Units7

Basic Information

  • Property Type5-9 Family
  • Date Listed02/22/2021
  • List Price$1,089,000
  • Price Per Sq Ft$133
  • Status Date2021-03-08T08:06:00
  • Ant Sold Date2021-05-14T00:00:00
  • MLS Number72788421
  • MLS StatusUnder Agreement

Interior

  • Basement FeatureFull, Partial
  • F Bths 21
  • F Bths 11
  • F Bths 31
  • Flrs 11
  • F Bths 41

Exterior

  • Colorblue
  • ExteriorWood
  • Roof MaterialAsphalt/Fiberglass Shingles

Utilities

  • Elec2630
  • WaterCity/Town Water
  • SewerCity/Town Sewer

Water Body

  • WaterfrontNo
  • BeachfrontNo

Photos

  • Number of Photos6
  • Photo Date2021-02-22T11:01:00
  • Prop TypeMF

Location

  • Street Num21
  • Building Number21
  • StreetSycamore Street
  • TownWorcester
  • StateMA
  • Zip01608
  • Zip Code 42213
  • CountyWorcester

Property

  • Acreage0.13
  • Lot Size5777
  • Square Feet8,176
  • Lease 1Y
  • Lease 2Y
  • Lease 3Y
  • Lease 4Y
  • Rent41400
  • Lot DescriptionCorner
  • Rent31200
  • Rent21260
  • Rent11350
  • Total Rent9324
  • Assessments486200
  • Main LoAN1532

Amenities

  • UsmAmenitiesBasement

Other

  • Wse5900
  • Year Built DescrpApproximate
  • Apod AvailableYes
  • Certificate Number35751
  • Insc4285
  • Parcel NumberM:03 B:008 L:00029
  • Rfs2400
  • Noi82917
  • Mgf4200
  • View Count1

Your Local Office

Foster-Healey Real Estate, Inc. (Leominster Office)

Foster-Healey Real Estate, Inc. (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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