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$1,200,000
Est. payment /mo
4,206 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,206 sqft
Price per Sqft $285
MLS Listing ID 73353138
HOA Y/N false
Year Built 1912
Annual Tax Amount $5,223
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Located at the corner of Chandler Street and Park Avenue, this prime mixed-use property offers an exceptional investment opportunity. The first floor is currently used as a spacious church, with potential for various commercial uses. The second and third floors are successfully rented out on Airbnb, generating over $200K in income. The second floor features four bedrooms and two bathrooms, while the third floor offers five bedrooms and two bathrooms, both well-maintained and furnished for maximum guest comfort. This property is ideally situated in the heart of the city, offering easy access to shops, restaurants, and public transportation. With a thriving business on the first floor and lucrative short-term rentals on the upper floors, this property presents a cash cow investment with immense potential. Whether you're an investor or entrepreneur, this versatile property is a fantastic opportunity to generate income in a high demand location
Location
State MA
County Worcester
Zoning MG-1
Direction USE GPS - Conner of Chandler and Park ave.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Total Parking Spaces 4
Others
Senior Community false
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Listed by eXp Realty
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Julie Gross
Broker Associate | License ID: 9517677
Broker Associate License ID: 9517677