SOLD: 6 Unit Multi-Family

Dudley, MA

The Opportunity

Tremendous potential awaits with this soon-to-be 6-unit building, offered at <40% of ARV, just off Main St. in Dudley, MA. Finish what the seller started, converting the 4-unit property into 6 1 bedroom/1 bathrooms, a rare and highly sought-after layout for the area. The building is zoned for 4-8 units, is 1/3 occupied, and is 1/3 gutted, so that you can begin work on day 1. This property features off-street parking, is a convenient 25-minute drive to Worcester, a 7-minute drive to Nichols College, and is walking distance to local bars and restaurants. This is a massive opportunity for someone looking to max out a property's profit potential. The property is being sold "as is", with an ARV of $850k-$950K. 

Highlights:

  • Conversion from 4 to 6 1bedroom/1bathroom units already started – 2 fully gutted

  • 2 units are currently occupied

  • Building is zoned for 4-8 units

  • Offered at <40% of ARV

  • Off-street parking

  • Walking distance to local bars and restaurants on Main Street

  • 25-minutes to Worcester and 7-minutes to Nichols College

 

Location

This property is located close to Webster in Dudley, MA. It is a 25-minute drive to Worcester and 7-minutes to Nichols College. Within minutes from 395 and near the border of Connecticut.

Details

Purchase Price: $352,500

ARV: $850K-$950K

Offered at <40% of ARV

Give us a call for more details…

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