Worcester, Massachusetts, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 9,999 ft² / 929 m²
Land Size : N/A
Bedroom : N/A
Bathroom : 36
Half Bathroom : 0
MLS#: 73488551
Property Description
Rare 10-building, 30-unit multifamily portfolio on Worcesters desirable West Side, steps from WPI. Offered at $9,900,000 ($330K/unit, 7.1% cap). Stabilized projected 2026-2027 gross income of $1,065,600 with NOI of $699,282. Portfolio features a mix of 2BR-5BR apartments plus 4 garage spaces across 10 three-unit buildings. Most units have been extensively renovated and are in good condition. Student-driven tenant base provides reliable demand, scheduled annual turnover aligned with the academic calendar, and historically near-zero vacancy. Located in Worcesters most stable and sought-after rental submarket with strong rent growth and consistent off-campus housing demand. Sellers are open to offers for the entire portfolio or individual groupings/buildings, creating a flexible acquisition opportunity. Full Offering Memorandum attached to MLS.
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, United States,Massachusetts,Worcester is a 9,999ft² Worcester luxury Multi-Family Home listed for sale 9,900,000 USD. This high end Worcester Multi-Family Home is comprised of N/A bedrooms and 36 baths. Find more luxury properties in Worcester or search for luxury properties for sale in Worcester.