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576 Franklin St

Worcester, MA 01604
  • $250,000

    Price
  • 9

    Bed
  • 3

    Bath
  • 3,402

    SqFt

About the Listing AC0961 - NB113425

Looking for a winter project? Fantastic location w/ tons of parking & great views of Shrewsbury St & moments to UMASS (main campus). Lots of work has been started but there is LOTS left to do. The foundation was recently completely rebuilt to correct structural issues. The 1st & 2nd floors were started & feature all new wood look flooring, beautiful shaker cabinets, new drywall, & an open floor plan. Some new drywall was done to the 3rd floor but it still needs a kitchen, bathroom & flooring. All units need heating systems. This property is sold strictly as-is / where-is. Buyer is strongly encouraged to do their due diligence. Buyer responsible for all permits. ARV could easily be $425k w/ projected rents being easily $1500 per floor. This is a great opportunity for a contractor / experienced investor to finish this project and reap the benefits. Great long term hold or a flip. Cash offers preferred, rehab loans considered. Best place in the city to watch the 4th of July fireworks!

Listing Highlights for 576 Franklin St

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 72409932
Year Built 1910
Total Square Footage 3,402
Lot/Acreage 0.25
County Worcester

Interior Details

  • Bedrooms: 9
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: City/Town Water

Exterior Details

  • Lot Description: Wooded,Paved Drive
  • Garage Capacity: 0 car
  • Parking Spaces: 6
  • Zoning: BL-1
  • Roof: Asphalt/Fiberglass Shingles
  • Others:
  • Sewer: City/Town Sewer
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:
  • Parking Features: Off-Street

Financial Details

  • Tax Amount: $3,975
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2018

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576 Franklin St Worcester, MA 01604

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