108 Pilgrim Ave Worcester, MA SOLD

$685,000
Beds 7
Baths 3
Square Feet 2,808
Acres 0.14
Photo of 108 Pilgrim Ave Worcester MA 01604

Sold By

Peter Costa, Spencer Home Realty



Description

Location! Location! Location! A fantastic investment opportunity. Each of the 3 units is equipped with a new hot water tank, and the property currently generates a solid $5,400 monthly rental income, with potential for higher returns. Set on a 6,000 sq.ft. lot with 2,208 sq.ft. of living space, it provides ample room for tenants. With plenty of parking on a quiet one-way street and a solid condition.making it perfect for investors looking to maximize cash flow. The generous number of rooms and bedrooms allows for flexible rental options, increasing potential rental income. This property is low-maintenance and ready for new ownership. The size and layout make it perfect for families or groups, further enhancing its rental appeal. Whether you're an experienced investor or new to real estate, this property presents a fantastic opportunity to build wealth through cash flow and property appreciation. Don’t miss out on securing an investment in a thriving area with solid growth potential!


Listed by Space Realty, Zhichao Chen
Sold by Spencer Home Realty, Peter Costa

Details

MLS 73292311
Status Closed
Price $685,000
DOM 42 days
Type Multi-Family
Beds 7
Total Baths 3 full baths
Square Feet 2,808 sqft
Garage Spaces 1
Lot Size 0.14 acres
Year Built 1965

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 2024
Taxes Paid $7,198
Water Public
Foundation Concrete Perimeter
Roof Shingle
Full Baths 3
Parking Off Street, Paved Drive
Total Rooms 14
Basement Feature Garage Access, Walk-Out Access
Garage Spaces 1
Waterfront 1 to 2 Mile To Beach, Lake/Pond, Beach Front

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.