Sold
2 Preston St
Worcester MA, 01610
$1,775,000
$174.53 per sqft
Sold
29 Beds
10 Baths
10,170 sqft
Multi-family
Built in 1910
Incredible investment opportunity! 8% cap and over $217,800 in operating income. This well maintained fully occupied 10 unit brick building offers (9) 3-bedroom units and (1) 2-bedroom unit has been updated and well maintained over the years. 9/10 units are lead certified and features hardwood floors, updated kitchens, updated electrical with 100amp panel in each unit, hot water baseboard heating and laundry in unit. The building has undergone replacement of major components, including replacement of rear decks, all new electrical, baseboard heating serviced by (2) Buderus boilers and 2 Superstor Hot Water storage tanks. Building has had air sealing and insulation added to attic space. 7 security cameras with remote operation. All long-term tenants paying great rents.
73097325
MLSⓇ ID
April 11, 2023
Listed
February 20, 2025
Updated
Interior Features
Total Stories
5
Bedrooms
29
Total Bathrooms
10
Full Bathrooms
10
Interior Features
Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances
Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Utility Connections for Gas Range
Laundry Description
Unit 1 Laundry Room, Unit 2 Laundry Room
Floor Description
Laminate, Hardwood
Fireplace
No
Cooling
No
Cooling Description
Unit 1(None)
Heating
Yes
Heating Description
Unit 1(Gas)
Basement
Yes
Exterior/Building Features
Lot Size
0.07 Acres
Exterior Features
Deck
Lot Features
Corner Lot
Roof
Rubber
Sewer
Public Sewer
Patio And Porch
Deck
Other Property Details
Taxes
$20,108
Tax Frequency
Annually
Days on Market
15
Garage
No
Parking Total
0
View
No
County
Worcester
Water Source
Public
Utilities
for Gas Range
Zoning
RG-5
Listing History
Date | Event | Price |
|---|---|---|
6/10/2023 | Price change | $1,775,000 -11% |
6/10/2023 | Sold | $1,775,000 |
4/20/2023 | Active | — |
4/18/2023 | Unknown | — |
Courtesy of Kimberly Rickman, OWN IT, A 100% Commission Brokerage
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Data last updated 6:00 PM UTC, 2/20/2025
