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2 Ureco Ter Portfolio, Worcester MA 01602

Active

2 Ureco Ter Portfolio, Worcester MA 01602

$4,850,000

Estimated $13,605/month Calculator

Multi Family

Total Units:

Price Per Unit: $4,850,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

26656

Total Parking: 0

43,560 (1.00)

Rare opportunity to acquire a clustered 24-unit multifamily portfolio in Worcester's highly desirable Newton Square/West Side neighborhood. Five properties — 827 Pleasant St (10 units), 2 Ureco Terrace (9 units), 7–9 Ureco Terrace (2 units), 831 Pleasant St (2 units), and 3 Ureco Terrace (1 unit) — all situated along a single private drive, delivering concentrated operational efficiency unavailable in dispersed portfolios. 95.8% occupied with gross scheduled rent of $475,800/yr and stabilized NOI of $240,197. Average in-place rent of $1,724/month with meaningful near-term upside given the premium Newton Square location and ~$395,000 in recent capital improvements, including a full gut renovation at 9 Ureco Terrace (2025), kitchen/bath upgrade at 2 Ureco Unit 2L (2023), and boiler replacements. Offered at $4,850,000 (~$202K/unit). Comparable clustered portfolios of this scale and quality simply do not come to market in Worcester's west side.

This home has been viewed 7 times

Last Checked: July 13th, 2026 at 6:03am (Source: MLS PIN #73546562)

Gross Income: $0

Gross Expenses: $68,892

Net Income Calc: $68,892

Annual Expenses for 2 Ureco Ter Portfolio, Worcester MA 01602

Total Gross Expenses (Calculated)$68,892/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax68892

Annual Income & Unit Breakdown for 2 Ureco Ter Portfolio, Worcester MA 01602

Total Gross Income (Calculated)$0

General Information for 2 Ureco Ter Portfolio, Worcester MA 01602

Listing ID73546562

Property TypeMulti Family / 5+ Family

Price4850000

StyleResidential

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total26656

Approximate Lot Size (Acres)1

Total Parking0

Year Built1910

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRS-10/ RL7

Zoning DetailsLegal Non-Conforming

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 2 Ureco Ter Portfolio, Worcester MA 01602

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

ExclusionsWasher / Dryer

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 2 Ureco Ter Portfolio, Worcester MA 01602

Real Estate Taxes68892

Tax Year2025

Assessed Value$0

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 2 Ureco Ter Portfolio, Worcester MA 01602

Neighborhood(s)

Area Amenities

Contact Information for 2 Ureco Ter Portfolio, Worcester MA 01602

Agent

Name: Michael Barbera

Office

Name: BA Property & Lifestyle Advisors

Phone: 508-852-4227

Payment Calculator

, Interest

Property Taxes 5741

Principal & Interest 29884.16

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

BA Property & Lifestyle Advisors

Michael Barbera

Agent Phone

Office Phone

(508) 852-4227

Text Agent Call Agent Call Office

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EXIT

4 More Photos