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Listed price in listed location currency (USD).
$2,400,000

14625

MLS® 73463464

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5568 sqft
Garage No
Taxes $26,459
Days Active 0
Lot Size 0.33 acres
Approx. Age 1920
Avg. Price Per Sqft $431
MLS® Number 73463464

Property Address: 709 Main St, Worcester, MA, 01610-3164

Average square foot calculated using Size range provided by listing agent.

Description

RARE DOWNTOWN WORCESTER CORNER LOT PACKAGE. Two adjoining corner parcels. 14, 200+ SF of land. Offered at just $169 per SF of land. Underwritten at a POWERFUL 11.5% PRO FORMA CAP RATE ACROSS BOTH LOTS. 703–711 Main St is extensively renovated and cash flows immediately. Street-level retail is occupied on a modified gross lease by an expanding restaurant, thriving mini-mart, and beloved neighborhood barbershop producing $117, 600 with clear upside.The entire second floor was COMPLETELY GUT RENOVATED IN 2025. 14 giant bedrooms. 3 kitchens. 3 full baths. 100% new HVAC, plumbing, and electrical. Approved rooming house license in place! Projected residential income of $184, 800 annually. This is true income-producing urban infill in the heart of downtown Worcester. Immediate yield. Efficient basis. Long-term redevelopment and density upside. Assets like this almost never come to market. Move quickly.
MLS® Number73463464
Laundry Level
Central VacNo
FireplaceNo
Acreage0.33
Exterior
GarageNo
Approx. Age1920
Basement
DrivewayOff Street, Paved
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 22, 2025List Date
$2,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
709 Main St, Worcester, MA

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