Located in the heart of Worcester, this unique investment opportunity offers immense potential for value-add and future growth. The property features two separate buildings and an on-site parking lot, a rare find. Currently configured with two-bedroom, one-bathroom units, this property holds the potential for a six-family conversion (subject to necessary approvals), making it an ideal prospect for investors or developers. The roof on Building 2 was replaced approximately 10 years ago, offering a solid foundation for further improvements. Situated in a vibrant community with easy access to local amenities, transportation, and Worcester's bustling downtown scene, this property is perfectly positioned for future upside. Whether you're looking to expand your portfolio or create housing in a prime location, this property presents a compelling canvas for your vision.
This listing has been viewed 28 times in the past 75 days
Last Updated: December 23rd, 2024 at 5:18am
General Information for 66 Ward St, Worcester, Massachusetts 01610
Property TypeResidential Income
Property Sub TypeMulti Family
Price$850,000
Price per sqft$182.36
MLS #73297173
Handicap Access / FeaturesNo
List Date2024-10-01
Special Listing Conditions
StateMassachusetts
Street NameWard St
CityWorcester
Zip Code01610
CountyWorcester
MLS Status
Covered Parking Spaces1
Heating Y/NYes
Heating System
Heat Zones
Sold Date18/11/2024
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total4661
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces1
Listing Service
UnparsedAddress66 Ward St, Worcester MA 01610
Zoning
Interior Features for 66 Ward St, Worcester, Massachusetts 01610
* Approx. Living Area Total4,661 sq ft
Living Area Includes BasementNo
Bedrooms10
* # Fireplaces0
Bathrooms (Total)5
Full Baths5
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area DisclosureLiving Area combined between 2 dwellings. Living a
Living Area Includes BasementNo
Door Features
ElectricNo
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_22
MLSPIN_BEDRMS_32
MLSPIN_BEDRMS_42
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_41
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_40
OffMarketDate11/10/2024
Exterior Features for 66 Ward St, Worcester, Massachusetts 01610
* Approximate Lot Size0.17 acres
Covered Parking Spaces1
Lot FeaturesCorner Lot
* Parking Spaces10
* Sewer Utilities
* Water Utilities
* Year Built1890
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsIrregular
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)7,504 Sqft
Disclosures for 66 Ward St, Worcester, Massachusetts 01610
Buyer Agent Compensation
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area DisclosureLiving Area combined between 2 dwellings. Living a
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 66 Ward St, Worcester, Massachusetts 01610
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$13,200
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT11100
MLSPIN_RENT21100
MLSPIN_RENT3800
MLSPIN_RENT4780
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$13,200
OperatingExpense$0
OriginalListPrice$850,000
RENT_FEE_INCLUDES
TOTAL_RENT4580
WaterSewerExpense$0
Lifestyle Information for 66 Ward St, Worcester, Massachusetts 01610
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 66 Ward St, Worcester, Massachusetts 01610
Elementary School
Middle School
High School
NumberOfUnitsTotal5
Marketing History for 66 Ward St, Worcester, Massachusetts 01610
MLSPIN_MARKET_TIME_BROKER62
MLSPIN_MARKET_TIME_PROPERTY62
PurchaseContractDate2024-10-11
Agent Information for 66 Ward St, Worcester, Massachusetts 01610