Listing Agent: Matthew Pierce | Agent phone: 781-718-9268
Courtesy of: Marcus & Millichap Real Estate Investment Services | Office phone: 617-896-7200
Year Build: 1900
Total Baths: 21
Full Baths: 21
Address: 12 Channing Street #20
Property Taxes: $30,303
Tax Year: 2021
Tax Amount: $30,303
6 property portfolio located in Worcester, Massachusetts. The portfolio contains (4) 3-unit properties, and (1) 5 Unit property with the entirety of the buildings are rented by Section-8 tenants. The properties have an attractive unit mix of studio, one, two , three and four bedrooms. All properties but 12 Channing St contain a full lead compliance letters thare are less than 10 years old as well as recent renovated kitchens, baths, plubmping and electrical throughout. In addition, all the roofs on the properties are 15 years old or newer. Each building has separate high-efficiency utilities responsible by the tenants and off-street parking and laundry. Investors can expect a 6.5% cap rate based on the current in place income with 100% occupancy. Properties can be bought with 2nd portfolio at MLS 73015439 or individually.
Listing Agent: Matthew Pierce Agent phone: 781-718-9268 Courtesy of: Marcus & Millichap Real Estate Investment Services Office phone: 617-896-7200 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, landlords 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, leasing or renting 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, leasing or renting. 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.