28 Gediminas St, Worcester, MA 01607
28 Gediminas St, Worcester, MA 01607
28 Gediminas St, Worcester, MA 01607
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$749,000
Est. payment /mo
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9 Beds
3 Baths
3,678 SqFt
Open Sun 12PM-2PM

28 Gediminas St Worcester, MA 01607

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Tom Carroll

Tom Carroll

+1(978) 502-8347

Open House

Sun Aug 30, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,678 sqft

Price per Sqft $203

MLS Listing ID 73566908

Bedrooms 9

Full Baths 3

Year Built 1915

Annual Tax Amount $8,603

Tax Year 2025

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type 3 Family

Property Description

CASH FLOW & OWNER OCCUPANT OPPORTUNITY! This solid, well maintained three family with several upgrades offers immediate income and long term upside. Two units are currently rented at $2,200 and $2,050 per month, and one unit will be delivered vacant with projected rent of approximately $2,400, bringing potential gross rental income to approximately $6,650/month or $79,800/year when fully occupied.For an owner occupant, move into the vacant unit while collecting $4,250/month from the other two units. The projected rental profile offers strong potential to satisfy FHA three family self sufficiency requirements, subject to the FHA appraisal, lender underwriting, interest rate, taxes, and insurance.Each spacious unit currently offers 3 bedrooms, 1 full bathroom, an eat in kitchen, living and dining areas, plus an additional flexible room with potential for conversion into a 4th bedroom, subject to City approval and code compliance.Situated on a large lot on a very quiet dead end street, the property also features a full walk out basement, laundry hookups, storage, ample off street parking, and a detached two car garage with potential for a future ADU, subject to zoning, permitting, building and fire codes, and all municipal approvals.Convenient access to I-290, the Mass Pike, shopping, and local amenities. A strong and versatile property for investors seeking income or buyers looking to build wealth through owner occupancy.

Location

State MA

County Worcester

Zoning RG-5

Direction Follow GPS for coordinates

Rooms

Basement Full, Interior Entry, Bulkhead, Concrete, Unfinished

Interior

Interior Features Storage, Living Room, Kitchen, Living RM/Dining RM Combo

Heating Steam, Natural Gas

Cooling None

Flooring Hardwood

Appliance Range

Exterior

Exterior Feature Balcony/Deck, Balcony, Rain Gutters

Garage Spaces 2.0

Roof Type Shingle

Total Parking Spaces 10

Garage Yes

Building

Lot Description Wooded, Gentle Sloping

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Be Live in Realty

N E A R B Y  S C H O O L S  &  P R O P E R T I E S

 

Tom Carroll
Tom Carroll

Broker License ID: 9020784

+1(978) 502-8347 | tcarroll@andoverhomesales.com

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