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Property view

5 Palm St, 
Worcester, MA 01604

$1,070,000

8

Beds

8

Baths

5,600

Sq Ft

Multi-Family

Sold

Listed by

Benjamin Carbone

Byrnes Real Estate Group LLC.

833-429-7637

MLS#

73115091

Source:

MLSPIN

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About This Home

5 Palm St

Incredible investment opportunity! Rare, well maintained 7 unit property with just under an 8% cap rate and a monthly rent roll of $9,900 with room for growth. (4) 1-bedroom units, (2) 2-bedroom units, (1) 2 story 2-bedroom cottage 9230 square feet on .26 acre lot. All units are separately metered and tenants pay their own utilities. The location is hard to beat being minutes to all major highways, the train station, airport, restaurants, shopping, hospitals, colleges/universities and Polar Park making it an ideal location for all tenants and for APPRECIATION! Group showing Sunday June 4th 11am-2pm. Investors, you won’t want to miss this!** View Offer Memorandum in attached documents for further details.

Home Facts

Multi-Family

8 Baths

8 Bedrooms

Built in 1925

Price Summary

1,200,000

$214 per Sq. Ft.

MLS #:

73115091

Sold:

August 4, 2023

Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

7

Interior

Living Area:

5,600 Sq. Ft.

Structure

Structure

Year Built:

1925

Lot

Lot Size (Sq. Ft):

11,357

Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$214 per Sq. Ft.

Source:MLSPIN
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 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 or leasing 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 or leasing. 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.