Turnkey, gut-renovated 8-unit multifamily producing approximately $20,300/month / $243,600/year. All units are 3-bedroom layouts, including two newly completed 3BR/2BA units, for a total of 24 bedrooms. Major updates include new plumbing, new electrical, a new sprinkler system and fire alarm systems, separate utilities, full insulation, renovated kitchens/baths, in-unit washer/dryer in each unit, and new appliances. Strong stabilized asset and perfect opportunity for a 1031 exchange buyer seeking current cash flow, scale, and modernised systems. Convenient Worcester location near highways, shopping, public transportation, and amenities.
Vernon Hill, located between Kelley Square and Clark University, is a historic and residential Worcester neighborhood with brick triple-deckers and hilltop views. The neighborhood’s character concentrates around the Kelley Square rotary and Green Street, where corner markets, longtime eateries, and auto shops set a working-city rhythm. Architectural texture runs from late-19th-century multifamilies to sturdy industrial-era blocks edging the Canal District. Crompton Park adds a green pause above the street grid, while nearby arts and campus energy spill in from Clark. New England Botanic Garden at Tower Hill sits just beyond the neighborhood’s orbit for a weekend reset.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Total of 40 rooms
Unfinished basement
Bathrooms
10 full bathrooms
Exterior features
Corner lot
Home design
5–9 family multifamily building
4 stories
Parking
7 open parking spaces
Construction
Approximately built (year per public records)
Utilities
Public water
Public sewer
HOA & community
Not a senior community
Other
Building total area approx. 10,308 sq ft
Lot size approx. 0.14 acres
Listing status: Active Under Contract
Electricity and solar
View estimated energy costs and solar savings for this home