MA > Worcester
Worcester, MA 01610,709 Main St
Worcester, MA 01610,709 Main St
Worcester, MA 01610,709 Main St
Worcester, MA 01610,709 Main St
Worcester, MA 01610,709 Main St
Worcester, MA 01610,709 Main St
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Michal Wisniewski

Michal Wisniewski

Realty One Group Next Level

+1(603) 438-4208
$ 2,400,000
Est. payment | /mo

14 Beds

4.5 Baths

5,568 SqFt

Save
$ 2,400,000
Est. payment | /mo
Save

14 Beds

4.5 Baths

5,568 SqFt

Key Details

Property Type Multi-Family

Sub Type 5+ Family - Rooming House

Listing Status Active

Purchase Type For Sale

Square Footage 5,568 sqft

Price per Sqft $431

MLS Listing ID 73463464

Bedrooms 14

Full Baths 3

Half Baths 3

Year Built 1920

Annual Tax Amount $26,459

Tax Year 2025

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type 5+ Family - Rooming House

Property Description

RARE DOWNTOWN WORCESTER CORNER LOT PACKAGE. Two adjoining corner parcels. 14,200+ SF of land. Offered at just $169 per SF of land. Underwritten at a POWERFUL 11.5% PRO FORMA CAP RATE ACROSS BOTH LOTS. 703–711 Main St is extensively renovated. Street-level retail is occupied on a modified gross lease by an expanding restaurant, thriving mini-mart, and beloved neighborhood barbershop producing $117,600 with clear upside.The entire second floor was COMPLETELY GUT RENOVATED IN 2025. 14 giant bedrooms. 3 kitchens. 3 full baths. 100% new HVAC, plumbing, and electrical. Approved rooming house license in place! Projected residential income of $184,800 annually. This is true income-producing urban infill in the heart of downtown Worcester. Immediate yield. Efficient basis. Long-term redevelopment and density upside. Assets like this almost never come to market. Move quickly.

Location

State MA

County Worcester

Zoning BG-3

Direction Located at the corner of Main Street and Charlton Street in downtown Worcester

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Roof Type Rubber

Total Parking Spaces 25

Garage No

Building

Lot Description Corner Lot

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Bridgemont Realty LLC

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Michal Wisniewski
Michal Wisniewski

+1(603) 438-4208 | michal@rognextlevel.com

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709 Main St