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Meghan Endicott

meghan@classifiedre.com +1(860) 930-4109

$450,000

Est. payment - /mo

6 Beds

3 Baths

3,348 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,348 sqft

Price per Sqft $134

MLS Listing ID 73579253

Bedrooms 6

Full Baths 3

Year Built 1897

Annual Tax Amount $2,944

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type 3 Family

Property Description

Excellent opportunity for an investor or owner-occupant with this well-maintained three-family property in Warren. The property offers a strong combination of existing income and immediate rental upside, with two units recently renovated, cleaned, and intentionally left vacant, giving the new owner the flexibility to select their own tenants, establish current market rents, or occupy one of the units.The third unit is currently rented for $1,300 per month, slightly below the estimated market rent of approximately $1,450 per month. The two vacant units are also projected at approximately $1,450 per month each, creating the potential for approximately $4,350 per month / $52,200 annually in gross rental income if all three units were rented at the stated market rent.The available units feature bright, clean interiors, updated kitchens and baths, neutral finishes, and spacious living areas. The property has been prepared for its next owner, allowing for a relatively straightforward transition into leasing the vacant units.Whether you're looking to house hack by living in one unit while collecting rent from the others or add a three-family property with value-add rental potential to your portfolio, 723 Main Street offers multiple options from day one.Two renovated units are vacant and ready for occupancy or new tenants. One unit is currently income-producing at $1,300/month. A great opportunity to acquire a multi-family property with both existing cash flow and room to increase income.

Location

State MA

County Worcester

Zoning VIL

Direction Use google maps

Rooms

Basement Full, Dirt Floor, Concrete, Unfinished

Exterior

Total Parking Spaces 5

Garage No

Building

Lot Description Cleared, Level

Story 3

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

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Listed by Boardwalk Properties

NEARBY SCHOOL & BUSINESS

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Meghan Endicott

+1(860) 930-4109

Agent License ID: 9582859

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723 Main Warren, MA 01083

Meghan Endicott

Key Details

Location

Rooms

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION