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20 Loudon Street Worcester , MA 01610

$7,500

You save 1% of the purchase

5 bed | 5 bath | 5,943sqft | $3,696 est. monthly cost

$750,000

List Price

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Home Information

20 Rooms

5 Bedrooms

5 Bathrooms

5 Parking

20 Loudon Street is a five-unit apartment building next to Clark University that features all one-bed/one-bath apartments. The units feature oak cabinets, tile, carpet and hardwood flooring, and white/gas appliances. The building has gas-fired boiler steam heat. All utilities are included in the rents. Off-street parking and coin-op laundry are available for tenants. New boiler and newer roof. The current owner operates their business out of the barn/office and plan to become the 6th tenant where separate electric and gas utilities are available. Buyers have the ability to acquire a fully occupied and stabilized asset with significant upside to increase rents due to long term tenancy. Loudon Street is located on the edge of Clark University where off-campus housing is highly demanded and presents an opportunity for buyers to capitalize on significantly higher than average market rents.

  • Property type

Multi-family

  • # of Bedrooms

5

  • # of Bathrooms

5

  • # Number of Units

5

  • Year Built

1890

  • Size

5,943

  • Lot Size

7,840

  • HOA

None

  • Basement

Yes

  • Heating

  • Total Parking

5

  • Roof Material

Asphalt/Fiberglass Shingles

  • Flooring

Wood,Tile

Certain information contained herein is derived from information provided by parties other than Nuhom.co. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
*Savings is based on eligible homes, purchase price, and cooperative commission rate. 

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