Investor Alert. Mixed Use investment property for sale with 8 units including 4 residential apartments plus 4 commercial store fronts located on heavily traveled Lincoln Street. Commercial spaces have existing tenants and are in very good condition. Residential units are mostly vacant and in need of cosmetic upgrades. Out of town owner is looking for a quick sale and has priced this property to sell. This is a fantastic investment opportunity that will generate cash flow immediately with the commercial units while upgrading the residential units for an even greater cash flow. *4 retail storefronts. *4 residential apartments. *Strong rental location. *High Traffic Count: 13,600. Garage at rear of property included in sale currently generating an additional $875 per month income.
Off market
$883,100
237 Lincoln St, Worcester, MA 01605
4beds
9,322sqft
MultiFamily
Built in 1930
-- sqft lot
$883,100 Zestimate®
$95/sqft
$3,384 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 9,322 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 6,969 sqft
Details
- Parcel number: WORCM09B010L00001
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Asphalt
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Worcester
Services availability
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Estimated market value
$883,100