101 Worcester Street,  Southbridge MA, 01550 (Residential Income)

15 beds , 6 Full baths
Status: NEW LISTING
MLS#: 72430296
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Last Updated: 12/10/2018 11:05 AM
Description for 101 Worcester Street Southbridge, MA 01550
THIS IS THE ONE YOU'VE BEEN LOOKING FOR. THIS PROPERTY IS AN INVESTOR'S DEAM WITH A 10 PERCENT NET CAPITALIZATION RATE (NOT TO BE CONFUSED WITH A GROSS CAP RATE). WHAT BANK IN TODAY'S MARKET IS GOING TO PAY YOU 10% RETURN ON YOUR INVESTMENT WITH THE UPSIDE POTENTIAL OF CAPITAL APPRECIATION? ALL SIX UNITS COME FULLY-RENTED WITH SOME TENANTS WHO HAVE BEEN THERE FOR MANY YEARS. THEY LOVE THEIR HOME & WOULD LIKE TO STAY. WITH A YEARLY RENT ROLL OF $63,000 & SEPARATE UTILITIES, IT'S EASY TO SEE WHY THIS PROPERTY IS SO ATTRACTIVE. THAT IS JUST THE BEGINNING, THIS PROPERTY WAS ALSO COMPLETELY UPDATED SO YOU WON'T HAVE TO DO ANY COSTLY REPAIRS OR TIME-CONSUMING UPGRADES. YES, THE PROPERTY WAS GUTTED & REBUILT WITH NICE KITCHENS & BATHROOMS, SHINY FLOORS, INSULATED WINDOWS & DOORS, VINYL SIDING, RUBBER ROOF, NATURAL-GAS WATER-HEATERS, & SEPARATE ELECTRIC METERS. PLENTY OF PARKING IN THE BACK FOR MORE THAN 20 CARS ON THE PAVED & FENCED-IN PARKING LOT. THIS IS THE GOLDEN CASH COW. CALL NOW!!!
Price
$440,000
Worcester
15
6 Full
72430296
NEW LISTING
Description
THIS IS THE ONE YOU'VE BEEN LOOKING FOR. THIS PROPERTY IS AN INVESTOR'S DEAM WITH A 10 PERCENT NET CAPITALIZATION RATE (NOT TO BE CONFUSED WITH A GROSS CAP RATE). WHAT BANK IN TODAY'S MARKET IS GOING TO PAY YOU 10% RETURN ON YOUR INVESTMENT WITH THE UPSIDE POTENTIAL OF CAPITAL APPRECIATION? ALL SIX UNITS COME FULLY-RENTED WITH SOME TENANTS WHO HAVE BEEN THERE FOR MANY YEARS. THEY LOVE THEIR HOME & WOULD LIKE TO STAY. WITH A YEARLY RENT ROLL OF $63,000 & SEPARATE UTILITIES, IT'S EASY TO SEE WHY THIS PROPERTY IS SO ATTRACTIVE. THAT IS JUST THE BEGINNING, THIS PROPERTY WAS ALSO COMPLETELY UPDATED SO YOU WON'T HAVE TO DO ANY COSTLY REPAIRS OR TIME-CONSUMING UPGRADES. YES, THE PROPERTY WAS GUTTED & REBUILT WITH NICE KITCHENS & BATHROOMS, SHINY FLOORS, INSULATED WINDOWS & DOORS, VINYL SIDING, RUBBER ROOF, NATURAL-GAS WATER-HEATERS, & SEPARATE ELECTRIC METERS. PLENTY OF PARKING IN THE BACK FOR MORE THAN 20 CARS ON THE PAVED & FENCED-IN PARKING LOT. THIS IS THE GOLDEN CASH COW. CALL NOW!!!
Listing Information
Property Type: Multi-Family, Other
15 6 Full
23 0.27 Acres 1915
9
6 Total
Neighborhood
Room Information
Bathrooms
6
Interior Features
Basement
3
Exterior / Lot Features
12
Financial Considerations
M:0030 B:0054 L:00001
$5,463
2018
Listing Price History

Southbridge Real Estate

Southbridge is located in Massachusetts.

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Courtesy: Keller Williams Realty Greater Worcester
This content last refreshed on 12/10/2018 11:05 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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