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19 Perry Ave, Worcester, MA 01610

$899,900
•
  • 12

    bed

  • 3

    bath

  • 3,534

    Sqft ($255/Sqft)

Multi-family for sale 2 days

About 19 Perry Ave

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 2,958 Sqft
Movoto estimate
Property description
Exceptional income-producing investment opportunity featuring an approved 12-room lodging house configuration with extensive life-safety and infrastructure upgrades. Currently operated as a 12-room lodging house, the property offers strong income potential, commercial sprinkler protection, addressable fire alarm system with central station monitoring, hardwired smoke and carbon monoxide detection, comprehensive security camera coverage, and coin-operated laundry facilities.Current ownership has invested significantly in the property, including approval for conversion from a three-family to a 12-room lodging house, sprinkler installation, fire alarm upgrades, electrical improvements, plumbing upgrades, deck and porch replacement, and numerous additional capital improvements. The property is configured for efficient operation and has historically generated strong room-rental income.Conveniently located near downtown Worcester, colleges, hospitals, major employers, public transportation, and neighborhood amenities. A unique opportunity for investors seeking a high-income property with substantial capital improvements already completed.Buyer is responsible for conducting all due diligence regarding licensing, approvals, occupancy, and future use. Any permits, licenses, certificates, approvals, or registrations required after transfer of ownership shall be the responsibility of the buyer.
Listed by
Listing Agent - Brandon O'Neal
Listing Office - Coldwell Banker Realty - Worcester
Source: MLS Property Information Network, Inc. mls logo
MLS#73586316 • last updated 2 days ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
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Overview
Levels/Style 3, 3
MLS # 73586316
Type Residential Income
Status Active
SubType 3 Family
SqFt 3534
Lot Size (SqFt) 2958
Lot Size (Acres) 0.07
Annual Property Tax 7348
Year Built 1890
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 12
Basement Full, Interior Entry, Concrete
Total # of Rooms 15
Appliances Range, Refrigerator, Washer, Dryer
Interior Features Kitchen
Exterior
Foundation Stone
Lot Desc Other
Amenities / Utilities
Sewer Public Sewer
Electricity Circuit Breakers
Water Source Public
Location
County Worcester
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House Of Worship, Public School
Zoning RG-5
APN M:0005 B:0026 L:00035, 1766146
Directions To
Multifamily Details
Net Operating Income 95500
Operating Expense 31500
Total Actual Rent 10725
Financial Data Source Pro. Forma Available
Expense: Water/ Sewer 2500
Gross Income 127000
Expense: Electricity 4500
Gross Scheduled Income 6500
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  • Real Estate
  • MA
  • Worcester County
  • Worcester
  • 01610
  • Vernon Hill
  • 19 Perry Ave

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