177 Fairmont Ave, Worcester, MA 01604

$920,000
9
BD
3
BA
4,644
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$920,000
Status
NEW
MLS#
73585015
Year Built
1910
Levels
3
Bedrooms
9
Bathrooms
3
Acres
0.11
Living Area
4,644

Property Description

A well maintained three family offering the type of flexibility and income potential that makes sense for a long term investment. Each unit features an open concept layout, three bedrooms, updated kitchens, private laundry, and storage. The layouts also offer flexibility for an additional bedroom, office, or other use depending on the buyer’s needs.For an investor, the appeal is in the ability to own a multi family property with three separate income producing units while keeping the property practical and manageable over the long term. Updated kitchens, hardwood flooring, private laundry, electrical and Insulation (2015); Vinyl Siding (2015); Windows (2015). Fully rented, with long term tenants in place along with off street parking for six cars and a fenced yard, help create a property that is positioned for long term ownership without the need for a major renovation project.For an owner occupant, live in one unit while the other two units generate rental income and help offset your monthly housing costs. For an investor, this is an opportunity to add a three unit property to a portfolio and focus on building long term rental income and equity.Located near restaurants, shopping, parks, medical facilities, public transportation, highway access, and other Worcester amenities, the location adds another layer of long term appeal for tenants.If your goal is to find a property you can hold, rent, and continue building wealth with over time, this is a property worth taking a closer look at.

Additional Information

Taxes
$10,519
Lot Desc
Other
Lot Size
4,859
Sewer
Public Sewer
Water Source
Public
Parking Spaces
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Emiel Barbosa from Listing Office: Vicente Realty, LLC.

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.