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$ 2,300,000
Est. payment | /mo
23 Beds
12 Baths
9,234 SqFt
$ 2,300,000
Est. payment | /mo
23 Beds
12 Baths
9,234 SqFt
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 9,234 sqft
Price per Sqft $249
MLS Listing ID 73529940
Bedrooms 23
Full Baths 12
Year Built 1920
Annual Tax Amount $23,276
Tax Year 2026
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type 5+ Family - 5+ Units Side by Side
Property Description
86-92 Hamilton Street in Worcester, MA consists of two well-located, side-by-side six-unit buildings totaling 12 units: two 3-Bedroom/1-Bathroom units, seven 2-Bedroom/1-Bathroom units, and three 1-Bedroom/1-Bathroom units with 9,234 SF of gross living area on a 0.29-acre parcel. 90-92 Hamilton was fully renovated following a fire and is sprinklered, featuring new kitchens with quartz countertops and stainless-steel appliances, new bathrooms, new flooring, and updated mechanicals. 86-88 Hamilton offers clean layouts with newer flooring, though units are not as extensively renovated. All units are separately metered, with tenants responsible for heat, hot water, and electricity. The property also includes ample off-street parking and a renovated on-site laundry facility. There is upside through rent growth in the renovated units and programmatic upgrades to the remaining units in a desirable Worcester location near major employers, transit, and amenities. Listed at an 8.25% cap rate.
Location
State MA
County Worcester
Zoning BL-1
Direction Use GPS
Exterior
Total Parking Spaces 12
Garage No
Building
Lot Description Corner Lot
Story 5
Foundation Stone, Slab
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Horvath & Tremblay
Nearby Locations
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