8 Fern St, Worcester, MA, 01610

CAD 799,900
For Sale MLS: 73497595

Property Details

Bedrooms

11

Bathrooms

4

Property Type

multi family

Description

Multi Family in Worcester, MA - Bedrooms: 11 - Bathrooms: 4 - Area: 4855 sqft - Year Built: 1890 - Lot: 4952 sqft

Listing Agent: Michael Duran Brokerage: Limitless Real Estate Group, Llc

Exceptional 4-unit investment opportunity in a high-demand rental location near Clark University. This property features three occupied units with stable income and a vacant unit ready for an owner-occupant or value-add investor. Current rents are strong with significant upside potential.The building offers 11 bedrooms across 4 units, separate utilities, and strong rental demand driven by its proximity to local universities, employment centers, and public transportation. Additional income opportunities include rent adjustments and the potential installation of common laundry facilities. Off-street parking is available, with ample on-street parking nearby.Ideal for investors seeking reliable cash flow with built-in upside or owner-occupants looking to offset expenses. The seller is open to offering seller financing to a qualified buyer.Open house Saturday 12:30-2:00. Don't miss this high-potential asset.

Location

Address

8 Fern St, Worcester, MA, 01610

City

Worcester

Features and Finishes

Bedrooms: 11, Total Rooms: 22, Basement Features: Partial, Walk-Out Access, Total Bathrooms: 4, Full Bathrooms: 4, Range, Refrigerator, Heating Features: Natural Gas, Heating: Yes, Flooring: Wood, Vinyl, Vinyl / VCT, Window Features: Insulated Windows, Patio And Porch Features: Porch, Road Frontage Type: Public, Porch: Yes, Lot Size Acres: 0.1136823, Lot Size Square Feet: 4952, Open Parking: Yes, Parking Features: Paved Drive, Off Street, Tandem, Parking Total: 3, Gross Income: 81600, Number of Units: 4, Community Features: Public Transportation, Shopping, Laundromat, Public School, University, Annual Tax Amount: 7835, Source Listing Status: New, County: Worcester, Directions: Park ave to Fern Street, Tax Year: 2025, Source Property Type: Residential Income, Home Warranty: No, Insurance Expense: 2400, Parcel Number: 1775793, Zoning: RL-7, Property Subtype: 4 Family - 4 Units Up/Down, Net Operating Income: 66200, Operating Expense: 15400, Total Square Feet Living: 4855, Year Built: 1890

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