39 Gates Street

Worcester MA 01610

4188 sq. ft.

9257 sq. ft.

Other

Currently for sale - view listing

Overview

Exceptional opportunity to own a completely renovated vacant 3-family property less than a quarter mile from Clark University. Additional value-add potential exists in the attic, with due diligence already underway and architectural plans initiated for a potential 4th unit, subject to required municipal approvals. The property features three spacious 4-bedroom units, each completely gut-renovated with open-concept layouts, tall ceilings, hardwood floors, recessed lighting, and abundant natural light. Modern kitchens feature oversized islands, quartz countertops, stainless steel appliances, and in-unit laundry rooms. Major improvements include new plumbing, heating, electrical, spray foam insulation, windows, roof, siding, and plaster. All utilities have been separately metered, allowing tenants to be responsible for their individual utility usage and helping maximize rental income and operating efficiency for the next owner. With 12 total bedrooms, ample off-street parking, outdoor space, and a highly desirable location near Clark University, Main Street, University Park, and neighborhood amenities, this property offers strong rental potential with all of the major capital improvements already completed. A rare opportunity to acquire a fully renovated, income-producing 3-family in a prime Worcester location. Project to be completed first week of November.

Features

12 bedrooms

3 bathrooms

12 carspaces

12 open car spaces

4188 sq. ft. floor area

9257 sq. ft. lot size

Other

Property history for 39 Gates Street

1994

Sold

$46,000

18 Aug 1994 by Barbara Houghton-Davis, of Trust Better Homes

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