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139-141 Pleasant St, Worcester MA 01609

$599,999

Estimated $1,466.87/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $119,999.80

Total Rent: 25200/year

Estimated CAP Rate: 3.21%

4 Bedrooms

3 Full, 2 Half Baths

3,853 SqFt

Total Parking: 0

4,936 SqFt

***NEW PRICE-PROJECTED TO BE A CASH COW***Be a part of the revitalization of downtown Worcester! This is an amazing opportunity to own one of the few mixed-use properties available in the heart of the city. Downtown is exploding and small businesses will lead the way. Five minutes to and from Main St makes this a most desirable location for living and working. This building offers two storefronts and three residential units and has the potential to be a huge earner. As this city continues to grow, it will benefit anyone in at ground-level. Well, we've passed that, and the money is here for a ready investor. The city's population is expanding; housing is in high demand and business is prospering: this building is guaranteed to generate income. All tenants-at-will but long-term and in good standing. Separate utilities for all units. Group showings only on weekends.

This home has been viewed 370 times

Last Checked: February 5th, 2025 at 5:18am (Source: MLS PIN #73259301)

Gross Income: $25,200

Gross Expenses: $5,927

Net Income Calc: $19,273

CAP Rate: 3.21%

Annual Expenses for 139-141 Pleasant St, Worcester MA 01609

Total Gross Expenses (Calculated)$5,927/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,927.62

Annual Income & Unit Breakdown for 139-141 Pleasant St, Worcester MA 01609

Total Gross Income (Calculated)$25,200

Unit 1

Rental Income$700

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$750

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit2

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$650

LeaseN

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 139-141 Pleasant St, Worcester MA 01609

Listing ID73259301

Property TypeMulti Family

Price$599,999 ($155.72/SqFt)

Style5+ Family - 5+ Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,853 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking0

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningBG-3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 139-141 Pleasant St, Worcester MA 01609

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureBuyer and buyer's agent to do due diligence. Some

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$32,400

Total Net Income By Broker$32,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 139-141 Pleasant St, Worcester MA 01609

Real Estate Taxes$5,927.62

Tax Year2024

Assessed Value$431,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$32,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$32,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.21%

Location Information for 139-141 Pleasant St, Worcester MA 01609

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, T-station, University

Contact Information for 139-141 Pleasant St, Worcester MA 01609

Agent

Name: Deke Mardirossian

MLS ID: CN217620

Office ID: K01222

National Association ID: 453013201

Address: 46 Dick Drive

City: Worcester

State: MA

Zip: 01609

Office

Name: Keller Williams Pinnacle Central

MLS Office ID: AN8160

Phone: 508-754-3020

Payment Calculator

, Interest

Property Taxes 493.97

Principal & Interest 3697

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Pinnacle Central

Deke Mardirossian

Agent Phone

Office Phone

(508) 754-3020

Text Agent Call Agent Call Office

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EXIT

Withdrawn

139-141 Pleasant St, Worcester MA 01609

$599,999

Annual Expenses for 139-141 Pleasant St, Worcester MA 01609

Annual Income & Unit Breakdown for 139-141 Pleasant St, Worcester MA 01609

General Information for 139-141 Pleasant St, Worcester MA 01609

Disclosures for 139-141 Pleasant St, Worcester MA 01609

Financial Information for 139-141 Pleasant St, Worcester MA 01609

Location Information for 139-141 Pleasant St, Worcester MA 01609

Contact Information for 139-141 Pleasant St, Worcester MA 01609

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Keller Williams Pinnacle Central

Deke Mardirossian