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$3,335,000
72 Days Online

21 Dix Street
Worcester, MA 01609

For Sale|Multi-Family|Active
County:
Worcester

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21 Dix Street21 Dix Street21 Dix Street21 Dix Street
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4-building / 11-apartment portfolio located in Worcester, Massachusetts. The portfolio contains (3) 3-unit properties and (1) 2-unit property. The entirety of the portfolio is a five minute walk to WPI's campus and are currently rented out by WPI undergrad/grad students. All four properties have a recently updated kitchens and bathrooms as well as newer roofs and siding that are less than 10 years old. The entirety of the portfolio contains gas heating with individual high efficiency heating systems in two of the four properties with all separate utilities responsible by the tenant with off-street parking and laundry available. Investors can expect a net income over $200k and a 6+% cap rate based on the in-place income with 100% occupancy in a highly demanded area of Worcester. Properties can be bought with 2nd portfolio listed at MLS 73008464 or can be bought individually.

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Listing Snapshot
Price 
$3,335,000
Days Online 
72 Days
Bedrooms 
42
Inside Area (SqFt) 
22,302 sqft
Total Baths 
21
Full Baths 
21
Partial Baths 
N/A
Lot Size 
0.46 Acres
Year Built 
1900
MLS Number 
73015439
Status 
Active
Property Tax 
$22,120
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Parking 
Paved Drive
Parking Spaces 
11
Sewer 
Public Sewer
Basement 
FullPartialCrawl SpaceFinishedPartially FinishedWalk- Out Access
Number of Stories 
3
Acreage 
0.46
Water 
Public
Garage Spaces 
0
Foundation 
Concrete PerimeterStone
Zoning 
RG-5
Buyer Agent Compensation 
1.5 %
Facilitator Compensation 
0 %
Compensation Based On 
Gross/Full Sale Price
Sub-Agency Relationship Offered 
No
Garage 
0
Parking Features 
Paved Drive
Interior Features
Appliances 
Gas Water Heater
Fireplaces 
0
Fireplace 
No
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Exterior Features
Waterfront Property 
No
Community Features
Community Features 
Public TransportationParkWalk/ Jog TrailsLaundromatHighway AccessPrivate SchoolPublic SchoolUniversityWalk/Jog Trails
Listing courtesy of Matthew Pierce of Marcus & Millichap Real Estate Investment Services



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, landlords, 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, leasing or renting 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, leasing or renting. 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.

Data Last Updated at 2022-10-02 06:20 AM UTC

Neighborhood & Commute
Source: Walkscore
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