RE/MAX Professional Associates
RE/MAX Professional Associates | 508-347-9595 | OFFICE@RMXPA.COM

148-152 Millbury Street, Worcester, MA 01610



Approx. GLA
The large mixed-use building located on the popular Millbury Street near Kelley Square. Building is comprised of 8 apartments, including 6 one-bedrooms and 2 studios, and a popular restaurant/sports bar on the first floor that is on a 7-year triple-net lease which covers half the taxes, snow plowing, building maintenance, and the trash costs with the apartments. The building is approximately 12,000 sf and includes a nearly 5,000 sf parking lot off the back of the building for tenants, which is rare for Worcester. Laundry is located on the third floor and provides great additional income. Buyers have the ability to acquire a fully occupied, minimal management, cash-flowing building, with a strong rental history and a commercial tenant on a new triple-net lease that has been there for over 30 years. With half the expenses being taken over by sports bar, the upside is huge for buyers, significantly increasing the net income and resulting in over 20% return on investment!
Open House
No scheduled Open Houses
Basement Features: Full
List Price: $720,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 8
Baths: 8
Half Baths: 2
Units: 9
Year Built: 1920
Approx. GLA: 8,147
MLS#: 72322697
Basement: Yes
Cooling Units: See Details Now
Cooling Zones: See Details Now
Electricity Cost: See Details Now
Electric Features: See Details Now
Heating Units: See Details Now
Heating Zones: See Details Now
Flooring: See Details Now
Energy: See Details Now
Fireplaces: See Details Now
Hot Water: See Details Now
Rooms: 24
Green Certification: See Details Now
Lead Paint: See Details Now
Total Floors: 3
UFFI: See Details Now
Water: See Details Now
Facing: See Details Now
Acres: 0.18
Lot Size: 7,840.00
Lot Description: See Details Now
Foundation: See Details Now
Foundation Size: See Details Now
Waterfront: See Details Now
Waterview Feat.: See Details Now
Garage Spaces: See Details Now
Parking Spaces: 12
Parking Features: See Details Now
Road Type: See Details Now
Color: See Details Now
Construction: See Details Now
Roof Material: See Details Now
Utility: See Details Now
Exterior: See Details Now
Exterior Features: See Details Now
Sewer/Water: See Details Now
Water: See Details Now
Water: See Details Now
Sewage District: See Details Now
Short Sale Lender Approval: See Details Now
Title 5: See Details Now
Lender Owned: No
APOD Available: See Details Now
Assessed Price: $500,000
Taxes: $9,046
Tax Year: 2017
Book/Page: See Details Now
Zoning: See Details Now
Warranty Available: See Details Now
Grade School: See Details Now
Middle School: See Details Now
High School: See Details Now
Beach: See Details Now
Miles to Beach: See Details Now
Beach Description: See Details Now
Beach Ownership: See Details Now
Expenses Source: See Details
Gross Income: See Details
Gross Expenses: See Details
Total Rent: See Details
Net Income: See Details
Gas Cost: See Details
Heat Cost: See Details
Insurance Cost: See Details
Management Cost: See Details
Refuse Cost: See Details
R&M Cost: See Details
Sewer Cost: See Details
Water Cost: See Details
Misc. Cost: See Details
Amenities: See Details Now
Exclusions: See Details Now
Disclosure Declaration: See Details Now
Disclosure: See Details Now
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 2 1 0 No 1 $800
Unit 2 3 1 0 2 1 0 No 1 $800
Units Extras
Rooms:  Laundry 
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The listing office is Marcus & Millichap Real Estate Investment Services and the listing agent is Matthew Pierce. 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 it's 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. The data was last modified on 5/22/2018 10:35:00 PM.
Amy Mullen
Amy Mullen
RE/MAX Prof Associates