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1103 Main St

Worcester, MA 01603
  • $1,350,000
  • STATUS: Active
  • MLS #: 72926472
Price Reduced
UPDATED: 55 min ago
$1,350,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Listing courtesy of Kimberly Rickman of Rickman Realty, Inc..

Description

Great opportunity to invest in the heart of Worcester. 245' feet of frontage on Main Street, this income producing property has 4 units including car dealership, office and 2 retail spaces with long term tenants. With a traffic count of over 10,000 this land and and location are prime real estate and zoned BG-2. 0.67 acres and 60 parking spots. New roof. Enjoy cash flow now as you plan for the future possibilities of this building. Zoning allows for residential, commercial, student housing, auto repair, retail and so much more.

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The property listing data and information 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 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 set forth herein. Data last updated 2022-01-25T12:09:03.12.
www.teamtringali.com/homes/123874450
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1103 Main St Worcester, MA 01603

  • Price: $1,350,000
  • Status: Active
  • On Site: Days
  • Updated: 55 min ago
  • MLS #: 72926472
0
Beds
0
Baths
0
½ Baths
0.67
Acres
1960
Built
Neighborhood:
Other
County:
Worcester
Area:
Other
Property Description
Great opportunity to invest in the heart of Worcester. 245' feet of frontage on Main Street, this income producing property has 4 units including car dealership, office and 2 retail spaces with long term tenants. With a traffic count of over 10,000 this land and and location are prime real estate and zoned BG-2. 0.67 acres and 60 parking spots. New roof. Enjoy cash flow now as you plan for the future possibilities of this building. Zoning allows for residential, commercial, student housing, auto repair, retail and so much more.
Exterior Features

Location Downtown Parking Spaces 80 Stories 1

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 6196.00 Restrooms 4 Rsf Building Sq Ft 0.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 153600.00 Assessed Value Land 273800.00 Assessed Value Total 427400.00 Commercial Industrial Type Commercial Disclosure No Disclosures Rental income is $8500/Month- Undermarket Rents. Potential For Rental income To Be $11000/Month. Roof (2021)3 Units Have Electric Heat And One Has Oil Heat. Tenants Pay Heat And ElectricityLandscaping/Snowremoval. Exchange Yes Gross Annual Expense 21272.00 Gross Annual Income 102000.00 Lease No Lender Owned No Mau Units 0 Net Operating Income 80728.00 Ofu Units 0 On File21 E No Reu Units 4 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Special Financing No Sublet No Tax Year 2021 Taxes 15472.00 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Non-Conforming Zoning Bg-2

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Kimberly Rickman of Rickman Realty, Inc..


The property listing data and information 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 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 set forth herein. Data last updated 2022-01-25T12:09:03.12.
 
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50 Nashua Rd, Suite 111
Londonderry NH, 03053
Listing courtesy of Kimberly Rickman of Rickman Realty, Inc..