Henchman & Moen, consists of three adjoining multi-family investment properties located at 2 & 2 ½ Henchman Street and 8 Moen Street in Worcester, MA (the“Property”). This well-maintained 13-unit property consists of six 2-bedroom/1-bathroom units and seven 3-bedroom/1-bathroom units, totaling 15,075 sq. ft. of living space on a 0.26-acre parcel. 11 of the 13 units have been extensively renovated with new kitchens, bathrooms, and flooring. All units have lead certificates and are separately metered for heat, hot water, and electricity, which are paid directly by the tenants. The property also features an on-site laundry facility and three parking spaces. The opportunity exists to increase rents in the renovated units and implement programmatic upgrades to the remaining two unrenovated units to maximize rental income. The property is steps from Downtown Worcester, WPI and UMass Memorial Medical Center. This is an excellent investment opportunity in one of MA’s most dynamic markets.
Property Details
Property Features
Property Information:
Year Built: 1900
Living Area: 15,075 SqFt
Listing Office:
Office Name: Horvath & Tremblay
Office Phone: (781) 776-4000
Listing Agent: Ethan Lazar
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 13
Total Bedroom Count: 33
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.26 Acres
Other
Directions Information:
Directions: Use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $2,950,000
Price Per SqFt: $196/SqFt
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Housing Market Comparison
See how this home compares to others in Worcester, MA.
This property is $2.5M more than the Median Sold Price and $64/SqFt less than other homes in Worcester, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73315510
Listing Office:
Office Name: Horvath & Tremblay
Office Phone: (781) 776-4000
Listing Agent: Ethan Lazar
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 14, 2005
Jul 14, 2005Home Sold
$385,000
Feb 09, 2001
Feb 09, 2001Home Sold
$160,000
Jul 28, 1999
Jul 28, 1999Home Sold
$81,500
Feb 10, 1993
Feb 10, 1993Home Sold
$30,000
Jul 03, 1991
Jul 03, 1991Home Sold
$92,700
Aug 02, 1988
Aug 02, 1988Home Sold
$225,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
6
/10
Belmont Street Community
170 Belmont St
Distance between this listing and this school0.53 miles
Public District Grades PK-6
5
/10
City View
80 Prospect St
Distance between this listing and this school0.76 miles
Public District Grades PK-6
3
/10
Elm Park Community
23 N Ashland St
Distance between this listing and this school0.78 miles
Public District Grades KG-6
Nearby Schools
3
/10
Learning First Charter Public School
51 Gage St
Distance between this listing and this school0.83 miles
Public Charter Grades KG-8
3
/10
Forest Grove Middle School
495 Grove St
Distance between this listing and this school1.19 miles
Public District Grades 7-8
3
/10
Burncoat Middle School
135 Burncoat St
Distance between this listing and this school1.41 miles
Public District Grades 7-8
Nearby Schools
10
/10
Ma Academy for Math and Science School
85 Prescott St
Distance between this listing and this school0.20 miles
Public District Grades 11-12
5
/10
Worcester Technical High School
1 Skyline Dr
Distance between this listing and this school0.94 miles
Public District Grades 9-12
3
/10
Doherty Memorial High School
299 Highland St
Distance between this listing and this school1.36 miles
The neighbors living near this home have an average income of $26,622. Typical income of Worcester, MA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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This home is located at 2 Henchman St in Worcester, MA and zip code 01605 in the East Worcester neighborhood. This 15,075 square foot home, which was built in 1900, sits on a 0.26 acre lot. Features: 33 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $2,950,000.
In November 2024, from all listings sold in Worcester, MA there were more than 56 sold above asking price, over 31 sold below and more than 12 were sold right at the asked price. The number of homes for sale in Worcester, MA decreased by 16.5% between October 2024 and November 2024. In November 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $445,940.
From Rocket Homes Real Estate and based on county public records data.