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62 May St

Worcester MA 01610

10
3
3
3765 sq. ft.
6009 sq. ft.
Other
Currently for sale - view listing

Overview

Exceptional 3-family investment opportunity in a prime Worcester location. Ideal for both investors and owner-occupants, this property presents an opportunity for steady cash flow and long-term value. The fully renovated third-floor unit, complete with a brand-new heating system, adds immediate value and reduces future capital expenses, making this a smart long-term hold. The remaining units provide steady rental income, and each unit features washer and dryer hookups. With a pro forma cap rate exceeding 7%, this is a solid income-producing asset with upside. Conveniently located near major highways, shopping, dining, and local amenities, this property is a standout addition to any portfolio.

Features

10 bedrooms
3 bathrooms
3 carspaces
3 open car spaces
3765 sq. ft. floor area
6009 sq. ft. lot size
Other

Property history for 62 May St

2019
Sold
$330,000
10 Jan 2019 by James McMullen, of Boston Seaport Real Estate
2003
Sold
$325,000
06 Jan 2003

Happy sellers in Worcester

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Local market activity for 10 bedroom other properties in Worcester

In the last 12 months, 5 numeral.10-bedroom other properties similar to 62 May St, have been sold.

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