Suzanne Cutler, Realtor
SUCCESS! Real Estate, Call Suzanne 617-549-5829
Suzanne Cutler
Realtor
inception-app-prod/YTU1NWRkZGMtN2Q0Ny00NjcyLWIxY2EtZThlNTcyMjYzZWIy/content/2020/08/cover.jpg
MA 9073565
6175495829
Suzanne Cutler, Realtor
SUCCESS! Real Estate, Call Suzanne 617-549-5829
Suzanne Cutler, Realtor
SUCCESS! Real Estate, Call Suzanne 617-549-5829
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MA
Worcester
Worcester
01609
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MA
Worcester
Worcester
01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
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$19,700,000

53 West Street #99, Worcester, MA, 01609

ACTIVE
25 Photos
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
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53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609
53 West Street #99, Worcester, MA, 01609

Information

Price: $19,700,000
Days On Market: 99
Year Build: 9999
Square Footage: 49,315 Sq ft
Total Baths: 18
Full Baths: 9
Half Baths: 9
Bedrooms: 9

Details

Address: 53 West Street #99
County: Worcester
City: Worcester
Zip: 01609
State: Massachusetts

Taxes

Property Taxes: $9
Tax Year: 9
Tax Amount: $9

Description

Presenting 53 West Street, part of The Worcester Portfolio located in the coveted Elm Park neighborhood of Worcester, MA. The portfolio, an irreplaceable collection of nine (9) former mansions, is configured for short-term rental and dormitory use. The buildings are 100% leased to a local university through July 2029. The portfolio consists of 262 beds across 122 bedrooms in the 9 buildings, with a mixture of shared and private bathrooms and common facilities. Substantially renovated in 2021/2022, and exceptionally located in the heart of Worcester, the Worcester Portfolio is a rare investment opportunity that offers attractive and secure cash flow and significant long-term upside. The portfolio is offered for sale with an asking price and $19,700,000, equating to 7.0% cap rate on the in-place income.

Location

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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.

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Listing Agent: Christopher Sower
Listing Office: Cushman & Wakefield
Attribution contact: 617-204-4134 | 617-816-5257

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About me

inception-app-prod/YTU1NWRkZGMtN2Q0Ny00NjcyLWIxY2EtZThlNTcyMjYzZWIy/content/2020/08/cover.jpg
Suzanne Cutler
Realtor
License #MA 9073565
O: (617) 549-5829
M: (617) 549-5829
E: suzannecutler@hotmail.com
E: suzannecutlerrealtor@gmail.com