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Listing Details

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School Ratings & Info

Listing courtesy of James Glickman of Nai Glickman Kovago & Jacobs.

Description

Great value added/redevelopment opportunity. Large mixed use complex located on highly visible corner lot. Short walk to Kelley Square and Polar Park with quick access to I-290 and Rt. 146. This business zoned property contains 3 commercial spaces and 10 residential apartments in 3 buildings. Many upgrades throughout the years including electrical systems, heating and hot water units, insulated windows, vinyl siding, appliances and some kitchens and baths. All utilities are separate and paid by the tenants. Fully occupied with many long term tenants and current rents that are below market rate. Family owned for the past 60 years and now available for a new owner to take advantage of the local community revitalization.

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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 2021-09-19T13:08:59.917.
www.gillachgroup.com/homes/117186038
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47-49 Vernon Street Worcester, MA 01610

  • Price: $2,950,000
  • Status: Active
  • Updated: 26 min ago
  • MLS #: 72831309
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Beds
0
Baths
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½ Baths
N/A
Acres
1928
Built
Neighborhood:
Other
County:
Worcester
Area:
Other
Property Description
Great value added/redevelopment opportunity. Large mixed use complex located on highly visible corner lot. Short walk to Kelley Square and Polar Park with quick access to I-290 and Rt. 146. This business zoned property contains 3 commercial spaces and 10 residential apartments in 3 buildings. Many upgrades throughout the years including electrical systems, heating and hot water units, insulated windows, vinyl siding, appliances and some kitchens and baths. All utilities are separate and paid by the tenants. Fully occupied with many long term tenants and current rents that are below market rate. Family owned for the past 60 years and now available for a new owner to take advantage of the local community revitalization.
Exterior Features

Beachfront No Foundation Other (See Remarks) Lot Description Corner Parking Spaces 0 Waterfront Flag No

Interior Features

Basement Yes Bedrooms Unit1 0 Bedrooms Unit2 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 0 Floors Unit2 0 Full Baths Unit1 0 Full Baths Unit2 0 Half Baths Unit1 0 Half Baths Unit2 0 Levels 0 Levels Unit1 0 Levels Unit2 0 Rooms 0 Rooms Unit1 0 Rooms Unit2 0

Property Features

Apod Available Yes Assessments 797000.00 Disclosure No Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lender Owned Undisclosed Multifamily Type 5-9 Family Rent Unit1 0 Rent Unit2 0 Sewer City/Town Sewer Short Sale Lender App Required Unknown Sq Ft Source Public Record Tax Year 2021 Taxes 16893.00 Water City/Town Water Year Built Description Unknown/Mixed Year Built Source Public Record Zoning Rg-5

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of James Glickman of Nai Glickman Kovago & Jacobs.


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 2021-09-19T13:08:59.917.
 
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The Gillach Group | William Raveis Real Estate
191 Grove Street
Chestnut Hill MA, 02467
Listing courtesy of James Glickman of Nai Glickman Kovago & Jacobs.