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4 Dean St

Worcester, MA 01609
  • $2,300,000
  • STATUS: Active
  • MLS #: 72985548
UPDATED: 36 min ago
$2,300,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,275
    SQFT
  • $436
    $/SQFT
Neighborhood:
Wpi
Type:
Commercial
Built:
1914
County:
Area:
Wpi

School Ratings & Info

Listing courtesy of Karynsue Marchione-Reilly of Park Place Realty Enterprises.

Description

High Revenue Generated Income Property! This Rare Commercial/Residential Mixed Use Property is in the WPI Location and close to WSU, Assumption College, MCPH, (College Central), Courthouse and Union Station-Train Station. All Major Rtes. 290, 190, Rte 20, 146 &122 as well as Worcester Airport operated by Mass Port. A very well maintained 4 unit- the property currently generates $120,792.00 with an additional income available from a finished office space in lower level that is carpeted, HVAC, plastered walls and full tiled bathroom. The Commercial unit is leased by a Dental Office on 64 Highland Street with 3 yrs. remaining on the lease and an option to renew the Dental Office Lease. All 3 apartments are leased (TAW) and have wonderful tenants. Location is on the corner of Highland and Dean Street, Location is everything!!!

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The property listing data and information 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 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 set forth herein. Data last updated 2022-07-03T07:12:36.397.
www.jameslynchrealestate.com/homes/128945900
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4 Dean St Worcester, MA 01609

  • Price: $2,300,000
  • Status: Active
  • On Site: Days
  • Updated: 36 min ago
  • MLS #: 72985548
0
Beds
0
Baths
0
½ Baths
0.16
Acres
5,275
SQFT
$436
$/SQFT
1914
Built
Neighborhood:
Wpi
County:
Worcester
Area:
Wpi
Property Description
High Revenue Generated Income Property! This Rare Commercial/Residential Mixed Use Property is in the WPI Location and close to WSU, Assumption College, MCPH, (College Central), Courthouse and Union Station-Train Station. All Major Rtes. 290, 190, Rte 20, 146 &122 as well as Worcester Airport operated by Mass Port. A very well maintained 4 unit- the property currently generates $120,792.00 with an additional income available from a finished office space in lower level that is carpeted, HVAC, plastered walls and full tiled bathroom. The Commercial unit is leased by a Dental Office on 64 Highland Street with 3 yrs. remaining on the lease and an option to renew the Dental Office Lease. All 3 apartments are leased (TAW) and have wonderful tenants. Location is on the corner of Highland and Dean Street, Location is everything!!!
Exterior Features

Construction Frame Location Highway AccessPublic TransportationCentral Business DistrictCorner LotNeighborhood Parking Features 1-10 SpacesStreetPaved DrivewayOn SiteReserved Parking Spaces 8 Railroad Siding No Roof Material Shingle Site Condition Level Stories 3 Underground Tank No

Interior Features

Elevator No Maf Building Sq Ft 0.00 Ref Building Sq Ft 1575.00 Restrooms 5 Rsf Building Sq Ft 3000.00 Sprinklers No Total Building Sq Ft 5275.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 321500.00 Assessed Value Land 38200.00 Assessed Value Total 359700.00 Commercial Industrial Type Mixed Use Condo Association No Disclosure Yes Disclosures Proof Of Funds For Showings Easements No Exchange Yes Gross Annual Income 120792.00 Handicap Access Yes Lease No Lease Price Includes Building Lease Type Ground LeaseGross Lender Owned No Lien And Encumbent No Mau Units 0 Ofu Units 1 On File21 E No Reu Units 1 Rsu Units 3 Short Sale Lender App Required No Space Available For Sale Subdividable No Sublet No Tax Year 2022 Taxes 7752.25 Total Units 4 Utilities Public WaterPublic SewerNatural Gas110 Volts220 Volts Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning Bl-1

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Karynsue Marchione-Reilly of Park Place Realty Enterprises.


The property listing data and information 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 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 set forth herein. Data last updated 2022-07-03T07:12:36.397.
 
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Boylston Realty Group | eXp Realty
1 Beacon Street, 15th Floor
Boston MA, 02108
Listing courtesy of Karynsue Marchione-Reilly of Park Place Realty Enterprises.