146 -152 Chandler, Worcester, MA 01609

$2,900,000

39 beds 17 baths 17,410 sqft Built 19204 days on marketActive

About this home

17 unit mixed use centrally located Worcester property consisting of 15 large residential units and 2 retail units! 3 contiguous buildings totaling 17, 410 SF on almost 1/2 acre corner lot with stop light. 17, 410 SF / 17 units / 30 car parking lot. Renovated apartments, rubber roof, sprinkler system, sprinkler monitoring system, 2020 boiler heating system. 22 year long-term owner with strong tenant relationships. Below market rents presents a strong opportunity to raise rents and grow NOI! Located 0.6 miles away from the new 9, 500 capacity Polar Park, home of the Red Sox AAA team.See attached offering memorandum for financials.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment

$20,068/mo

Real estate (PITI + HOA + PMI): $20,405
Utilities: $1,063
Transportation: $132
Other (entertainment): $125

Your monthly budget

Budget$20,568/mo

Remaining after TLC$500/mo

Purchase price

$2,900,000

Down payment

$145,000 (5%)

Loan amount

$2,755,000

APR

Quick facts

Type

5-9 Family

Style

—

Year built

1920

Lot size

0.45 ac

Stories

Heating

—

Cooling

—

Water

Public

HOA

—

Annual tax

$34,166

MLS #

73165649

County

Worcester

At a glance

Basement

Home features

Sewer

Public Sewer

Lot features

Corner Lot

Neighborhood — 01609

Metric	This ZIP	County	USA
Population	22,039	6,444,931	299,088,112
Population Change Since1990	3.00%	7.00%	20.00%
Population Density	5,551	786	—
Male	11,302	3,127,134	147,432,321
Female	10,737	3,317,797	151,655,844
Never Married	9,212	1,612,885	63,775,926
Married	5,664	2,586,314	123,120,365
Separated	1,128	247,857	12,639,686
Widowed	1,143	363,594	15,467,586
Divorced	1,667	436,888	23,075,029
Number Of House Hold	8,485	2,431,591	111,826,380
Average House Hold Size	2.28	2.56	2.60
Medial Age	29.12	37.25	35.46
Median House Hold Income	$32,521	$57,698	$48,276
Average House Hold Income	$52,839	$75,023	$63,629
P C I	$23,126	$29,196	$24,529
M D I	$28,898	$48,105	$41,133
A T H E	$44,838	$57,083	$50,898
S T R	5.00%	5.00%	—
W C J	86.49%	81.38%	77.74%

(Zip) Code

1609

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

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Listing information last refreshed 10/2/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.