11 Ashton St Worcester, MA 01605
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$5,475This well-maintained 6-unit property consists of six spacious 2-bedroom/1-bathroom units, totaling 5,292 sq ft of living space. Notably, all units are separately metered for heat, hot water, electricity, and air conditioning. Five of the six units have undergone extensive renovations, featuring granite countertops, stainless steel appliances, new bathrooms, and modern finishes. The property boasts a large parking lot accommodating more than 10 cars comfortably. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $10,000 monthly. The unrenovated unit currently earns well below market rent, and the lease is currently tenant-at-will, allowing for the efficient transition to market rent. Centrally located, it's within a short drive of WPI, Assumption University, and all downtown amenities. Additionally, it's within walking distance from UMass Memorial Hahnemann Family Medical Center. Listed at a 7.74% cap rate.
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Pending | |
| 2 months ago | Listing first seen online |
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Data Last Updated at 2024-05-07 03:10 PM UTC
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