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Quinsigamond Realty
12 Puritan Ave, Worcester, MA 01604
- $649,000
- 6
- BD
- 3
- BA
- 2,266
- SqFt
- List Price
- $649,000
- Status
- NEW
- MLS#
- 73585698
- Year Built
- 1901
- Levels
- 3
- Bedrooms
- 6
- Bathrooms
- 3
- Acres
- 0.10
- Living Area
- 2,266
Property Description
Excellent Investment Opportunity! Well-maintained, low-maintenance 3-family property offering strong cash flow potential and long-term investment Value. Rents are substantially below market! Current tenants would like to remain, providing immediate rental income from day one. Comparable 2-bedroom units in the area rent for around $2,000 per month, creating excellent income growth potential. The exterior features durable vinyl siding, a large paved driveway with off-street parking for 7+ vehicles, and a garage ideal for owner storage. Each unit enjoys its own private porch space. All three apartments feature 2 bedrooms, spacious eat-in kitchens with pantry areas, large living rooms, and updated bathrooms. Units 1 and 2 include in-unit washer and dryers, while Unit 3 has access to laundry in the basement. Mechanical updates include a gas furnace approximately 6 years old and newer electric baseboard heating in Unit 3. Low operating expenses with tenants paying their own electricity. Unit 3 also pays its own electric heat, while the landlord provides heat and hot water for Units 1 and 2. Conveniently located in Worcester's desirable Grafton Hill neighborhood, just minutes from major employers, hospitals, shopping, downtown Worcester, and several colleges and universities including Clark University, UMass Chan Medical School, and WPI. Easy access to highways, public transportation, Union Station, and commuter routes makes this a highly attractive rental location. Whether you're expanding your portfolio or looking for a solid owner-occupant investment, this turnkey multifamily offers strong rental demand, stable tenancy, and excellent income potential. Group Showing this Saturday October 3rd 12:00pm - 1:30pm~~ DON'T MISS THIS OPPORTUITY!~~
Additional Information
- Taxes
- $7,186
- Lot Desc
- Cleared, Level
- Lot Size
- 4,500
- Interior Features
- Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Remodeled, Internet Available - Unknown, Storage, Living Room, Kitchen, Laundry Room
- Flooring
- Vinyl, Carpet
- Heating
- Steam, Natural Gas, Unit Control, Electric
- Cooling System Type
- None
- Sewer
- Public Sewer
- Water Source
- Public
- Appliances
- Range, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer
- Exterior Features
- Balcony/Deck, Balcony
- Garage Spaces
- 1
- Parking Spaces
- 8
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Listing courtesy of Listing Agent: Patti Fitzgerald from Listing Office: Coldwell Banker Realty.
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.