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7 sycamore, Worcester, Massachusetts

$799,000Active

7 sycamore, Worcester, Massachusetts 01608
- MLS® ID: 72196968

Property Details

7 sycamore, Worcester, Massachusetts 01608 - CASH COW, This property has been well kept by the same owners since for many years, now retiring , It consists of two 1 bedroom apartments and a 15 room boarding house. completely compliant with license, sprinklers and an in house manager. Owner tells me that vacancy is not a problem, if someone moves out, there is someone ready to move in. The gross rent of $108,780 includes the managers rent, which has been taken out in the expenses. This brings us to a net of $77,707.23, There is room to improve on the gross income. The income does not include coin op washer dryers.

Amenities

  • Zip01608
  • CountyWorcester
  • SQFT7623
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial/Industrial
  • Zoning typeBG3
  • Year built1920
  • Parking3
  • Tax amount$6,261.88
  • Tax year2017
  • MLS® ID72196968

Listing Courtesy of Real Living Barbera Associates | Worcester

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