Property Type:Commercial Sale
On Site:20 Days
Lot Size:0.16 Acres
High Revenue Generated Income Property! This Rare Commercial/Residential Mixed Use Property is in the WPI Location and close to WSU, Assumption College, MCPH, (College Central), Courthouse and Union Station-Train Station. All Major Rtes. 290, 190, Rte 20, 146 &122 as well as Worcester Airport operated by Mass Port. A very well maintained 4 unit- the property currently generates $120,792.00 with an additional income available from a finished office space in lower level that is carpeted, HVAC, plastered walls and full tiled bathroom. The Commercial unit is leased by a Dental Office on 64 Highland Street with 3 yrs. remaining on the lease and an option to renew the Dental Office Lease. All 3 apartments are leased (TAW) and have wonderful tenants. Location is on the corner of Highland and Dean Street, Location is everything!!!
$000 Monthly Payment
Loan and interest only.
Address:4 Dean St, Worcester, MA 01609
Lot Size: 0.16 Acres
Utilities: Public Water, Public Sewer, Natural Gas Available, 110 Volts, 220 Volts
Directions:On corner of 64 Highland Street and Dean Street Worcester WPI
Tax and Financial Info
Tax Year: 2022
Tax Annual Amount: $7,752.25
Gross Income: $120,792
Buyer Agency Compensation: 2
Transaction Broker Compensation: 2
Buyer Agent Compensation: 2
Disclosures: Seller would consider financing the sale with a 30% deposit and using a 20-30 year amortization value with a finalballoon payment due after 10 years on remaining balance. Interest rate to be negotiated.
Listing provided courtesy of Karynsue Marchione-Reilly, Park Place Realty Enterprises.
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Listing Information Last Updated 12/5/2023