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1 Ludlow St Worcester, MA 01603

For Sale
$1,125,000

Five-unit property with recent renovations and strong income potential.

Lot size:
0.18 Acres

Property Features for 1 Ludlow St

General Information

Lot size
0.18 Acres

Building Details

Year built
1900

Source: Cameron Real Estate Group Agent Christo Genchev

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Worcester Investment Property with Updates

This five-unit investment property is located in Worcester. Four units are currently occupied, and one unit has been freshly renovated and is move-in ready with projected market rent. The building has undergone extensive updates, including improvements to the windows, insulation, plumbing, electrical systems, kitchens, and baths. The roof has been recently replaced, and the parking area has been freshly paved. Each unit is equipped with separate utilities and dedicated hot water heaters. Exterior features include a wood deck, garden space, a stone wall, and a paved driveway with parking space for 12 cars. The full basement includes laundry hookups and a rear walk-out. There is approximately 750 sq ft of additional space in the basement that could potentially be converted into a sixth unit, pending buyer due diligence. The property is conveniently located near public transit, shopping, schools, universities, and major highways.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Worcester
County
Worcester
State
Massachusetts
Longitude
-71.8565767
Latitude
42.239405

FAQs

What type of property is this?
Apartment building - Five-unit property with recent renovations and strong income potential.
Where is this apartment building located?
The property is located at 1 Ludlow St Worcester, MA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: - Extensively updated building: windows, insulation, plumbing, electrical, kitchens, and baths.; - One freshly renovated, move-in ready vacant unit with projected market rent.; - New roof and freshly paved parking area.
More about this property
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