576 Franklin St, Worcester, MA 01604 | MLS 72409932 | Listing Information | Bowes Real Estate

576 Franklin St,  Worcester MA, 01604

(NEW LISTING)
$250,000
|
9 beds, 3 Full baths, 3,402 sqft
|
MLS# 72409932
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Last Updated: 10/18/2018 9:32 AM
Description for 576 Franklin St Worcester, MA 01604
Looking for a winter project? Fantastic location w/ tons of parking & great views of Shrewsbury St & moments to UMASS (main campus). Lots of work has been started but there is LOTS left to do. The foundation was recently completely rebuilt to correct structural issues. The 1st & 2nd floors were started & feature all new wood look flooring, beautiful shaker cabinets, new drywall, & an open floor plan. Some new drywall was done to the 3rd floor but it still needs a kitchen, bathroom & flooring. All units need heating systems. This property is sold strictly as-is / where-is. Buyer is strongly encouraged to do their due diligence. Buyer responsible for all permits. ARV could easily be $425k w/ projected rents being easily $1500 per floor. This is a great opportunity for a contractor / experienced investor to finish this project and reap the benefits. Great long term hold or a flip. Cash offers preferred, rehab loans considered. Best place in the city to watch the 4th of July fireworks!
Price
$250,000
Worcester
9
3 Full
3,402 (approx)
72409932
NEW LISTING
Description
Looking for a winter project? Fantastic location w/ tons of parking & great views of Shrewsbury St & moments to UMASS (main campus). Lots of work has been started but there is LOTS left to do. The foundation was recently completely rebuilt to correct structural issues. The 1st & 2nd floors were started & feature all new wood look flooring, beautiful shaker cabinets, new drywall, & an open floor plan. Some new drywall was done to the 3rd floor but it still needs a kitchen, bathroom & flooring. All units need heating systems. This property is sold strictly as-is / where-is. Buyer is strongly encouraged to do their due diligence. Buyer responsible for all permits. ARV could easily be $425k w/ projected rents being easily $1500 per floor. This is a great opportunity for a contractor / experienced investor to finish this project and reap the benefits. Great long term hold or a flip. Cash offers preferred, rehab loans considered. Best place in the city to watch the 4th of July fireworks!
Listing Information
Property Type: Multi-Family, Triplex
9 3 Full
18 0.25 Acres 3,402 (approx)
$73.49 1910 6
City
City Sewer
3 Total
Neighborhood
Room Information
Bathrooms
3
Kitchen, Laundry Room, Living Room
Formal
Tub Only
Interior Features
Full, Concrete
3
Pantry, Open Floor Plan
Exterior / Lot Features
6 Parking Spaces, Off Street
Fiber shingle
BL-1
Public Transport, Close To Shops, Park Adjacent, Highway Access, Close To School, Wooded
Driving Directions
Plantation St to Franklin St
Financial Considerations
M:19 B:010 L:00003
$3,975
2018
Listing Price History

Worcester Real Estate

Worcester is located in Massachusetts. Worcester, Massachusetts 01604 has a population of 184,815.

The median household income in Worcester, Massachusetts 01604 is $46,105. The median household income for the surrounding county is $65,453 compared to the national median of $53,482. The median age of people living in Worcester 01604 is 33.5 years.

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Courtesy: - WERENTCENTRALMASS
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
This content last refreshed on 10/18/2018 9:32 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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