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$960,000

140 Elm St.

8 Beds 6 Baths 5,790 Sq.Ft.

Description

Overlooking Elm Park this meticulously maintained 5-unit Victorian is a dream investment poised to perform as a turnkey buy and hold, value add, or condo conversion. Enjoy a solid tenant pool and great returns in one of the most desirable areas of the city only .5 miles from WPI or make this your favorite project and turn it into a masterpiece. Victorian features include soaring ceilings, solid maple flooring, stained glass, built-ins, and beautiful wood and metalwork. Units have individual gas furnaces, HWTs, and electrical services while common areas include freshly painted stairwells, a repaved driveway, a walk-up attic, and an immaculate basement with laundry. There's even a 3-car garage! Four units are to be delivered as TAW, or vacant. Top floor-through 4 bed, 2 bath offers in-unit laundry and central a/c - delivered vacant as potential owner's unit. Rents are all well under-market and floor plans could be modified to include an extra bedroom in two of the units. THIS IS THE ONE!

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Location

140 Elm St., Worcester, MA 01609

Status

Sold

Property Amenities

Interior
Flooring Hardwood
Total Bedrooms: 8
Full Bathrooms: 6
Area & Lot
Lot Area 7,405.2 Sq.Ft.
Living area 5,790 Sq.Ft.
MLS® ID 73172182
Year Built 1910
View Description Scenic View(s)
Type Multi-Family
Status Sold
Exterior
Stories 9
Water Source Public
Garage Space 3.0
Sewer Public Sewer
Other Exterior Features Porch, Covered Patio/Deck, Balcony, Screens
Parking Paved Drive, Off Street, Driveway
Lot Features Level
Roof Shingle, Slate
Finance
Sales Price $960,000
Real Estate Tax $9,648 yearly

Work With Carol

I know that purchasing a home is one of the biggest and most exciting decisions a person can make. I aim to make the process as simple as possible, with one goal in mind: helping you find the perfect home.