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$1,990,000
54 Days Online

2 Preston St
Worcester, MA 01610

For Sale|Multi-Family|Pending
County:
Worcester

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508-834-8081
2 Preston St2 Preston St2 Preston St2 Preston St
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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.

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Listing Snapshot
Price 
$1,990,000
Days Online 
54 Days
Bedrooms 
29
Inside Area (SqFt) 
10,170 sqft
Total Baths 
10
Full Baths 
10
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1910
MLS Number 
73097325
Status 
Pending
Property Tax 
$20,108
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
a month agoStatus changed to Pending
2 months agoStatus changed to Active
2 months agoStatus changed to Active Under Contract
2 months agoListing first seen online
General Features
Construction 
Brick
Parking Spaces 
0
Sewer 
Public Sewer
Electric 
Circuit Breakers100 Amp Service
Basement 
FullInterior EntryDirt Floor
Number of Stories 
5
Acreage 
0.07
Water 
Public
Garage Spaces 
0
Foundation 
BlockBrick/ MortarBrick/Mortar
Zoning 
RG-5
Buyer Agent Compensation 
2
Facilitator Compensation 
1
Compensation Based On 
Gross/Full Sale Price
Sub-Agency Relationship Offered 
No
Garage 
0
Electricity 
Circuit Breakers100 Amp ServiceIndividually Metered
Interior Features
Cooling 
Unit 1(None)
Heating 
Unit 1(Gas)
Appliances 
Unit 1( RangeRefrigerator)Unit 2( RangeGas Water HeaterUtility Connections for Gas Range
Flooring 
Laminate,Hardwood
Interior 
Unit 1 Rooms(Living RoomKitchen)Unit 2 Rooms(Living Room
Fireplaces 
0
Laundry Features 
Unit 1 Laundry RoomUnit 2 Laundry Room
Fireplace 
No
Interior Features 
Unit 1 Rooms(Living Room,Kitchen)Unit 2 Rooms(Living Room,Kitchen)
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Exterior Features
Roof 
Rubber
Waterfront Property 
No
Lot 
Corner Lot
Patio And Porch 
Deck
Lot Features 
Corner Lot
Community Features
Community Features 
Public TransportationShoppingPoolTennis Court(s)ParkMedical FacilityLaundromatHighway AccessHouse of WorshipPublic School
Listing courtesy of Kimberly Rickman of OWN IT, A 100% Commission Brokerage



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.

Data Last Updated at 2023-06-05 11:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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