Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

3 Ureco Ter Portfolio, Worcester MA 01602

Active

3 Ureco Ter Portfolio, Worcester MA 01602

$4,850,000

Estimated $13,605/month Calculator

Multi Family

Total Units: 24

Price Per Unit: $202,083.33

Total Rent: 239976/year

Estimated CAP Rate:

43 Bedrooms

Baths

26656

Total Parking: 30

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).

This home has been viewed 8 times

Last Checked: July 13th, 2026 at 5:14am (Source: MLS PIN #73546527)

Gross Income: $239,976

Gross Expenses: $68,892

Net Income Calc: $171,084

Annual Expenses for 3 Ureco Ter Portfolio, Worcester MA 01602

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

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax68892

Annual Income & Unit Breakdown for 3 Ureco Ter Portfolio, Worcester MA 01602

Total Gross Income (Calculated)$239,976

Unit 1

Rental Income$0

LeaseY

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 3 Ureco Ter Portfolio, Worcester MA 01602

Listing ID73546527

Property TypeMulti Family

Price4850000 ($181.95/SqFt)

Style5+ Family - 5+ Units Up/down

CityWorcester

CountyWorcester

MLS AreaWest Side

Neighborhood(s)

Approximate Living Area Total26656

Approximate Lot Size (Acres)1

Total Parking30

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRS-10\ RL7

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 3 Ureco Ter Portfolio, Worcester MA 01602

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher / Dryer

Financial Data SourceEstimated

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 3 Ureco Ter Portfolio, Worcester MA 01602

Real Estate Taxes68892

Tax Year2025

Assessed Value$5,187,700

Financial Data SourceEstimated

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 3 Ureco Ter Portfolio, Worcester MA 01602

Neighborhood(s)

MLS AreaWest Side

Area Amenities

Contact Information for 3 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

Array
(
    [acres] => Approx. 1 acres (43,560 SqFt)
    [add_date] => 2026-07-09 08:43:32
    [address] => Ureco Ter Portfolio
    [agent] => Array
        (
            [address] => 2 Terrace Drive
            [city] => Worcester
            [id] => K8000356
            [name] => Michael Barbera
            [national_association] => 453003632
            [office] => AN7401
            [state] => MA
            [zip] => 01609
        )

[apod_available] => Array
        (
            [0] => Yes
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 26656
    [approx_lot_size_acres] => 1
    [approx_lot_size_sqft] => 43560
    [assessed_value] => $5,187,700
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 43
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Worcester
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Worcester
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => 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).
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Washer / Dryer
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
            [0] => Estimated
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-07-13 05:14:23
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 3
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => West Side
    [mls_id] => 73546527
    [neighborhoods] => 
    [net_income_calc] => 171084
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 24
    [office] => Array
        (
            [id] => AN7401
            [name] => BA Property & Lifestyle Advisors
            [phone] => 508-852-4227
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 4850000
    [price_per_sqft] => 181.95
    [price_per_unit] => 202083.33333333
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 5+ Family - 5+ Units Up/down
        )

[real_estate_tax] => 68892
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 85
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 3
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2025
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 68892
    [total_gross_income] => 239976
    [total_parking] => 30
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 0
    [unit_1_floor] => 0
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 0
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 0
    [unit_2_floor] => 0
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 0
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 3 Ureco Ter Portfolio, Worcester MA 01602
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[year_built] => 1910
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01602
    [zips] => 
    [zoning] => RS-10\ RL7
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/799428/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73546527&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73546527&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73546527&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73546527&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73546527&w=1024&h=768&n=6
        )

[raw] => 
)

EXIT

4 More Photos

Active

3 Ureco Ter Portfolio, Worcester MA 01602

$4,850,000

Annual Expenses for 3 Ureco Ter Portfolio, Worcester MA 01602

Annual Income & Unit Breakdown for 3 Ureco Ter Portfolio, Worcester MA 01602

General Information for 3 Ureco Ter Portfolio, Worcester MA 01602

Disclosures for 3 Ureco Ter Portfolio, Worcester MA 01602

Financial Information for 3 Ureco Ter Portfolio, Worcester MA 01602

Location Information for 3 Ureco Ter Portfolio, Worcester MA 01602

Contact Information for 3 Ureco Ter Portfolio, Worcester MA 01602

Agent

Office

Payment Calculator

Exclusive Listing Agent

BA Property & Lifestyle Advisors

Michael Barbera