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    22 Waverly St Worcester, MA 01604

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    For Sale
    $14,000,000

    Fully renovated 32-unit apartment building in prime location.

    Lot size:
    0.48 Acres

    Property Features for 22 Waverly St

    General Information

    Lot size
    0.48 Acres

    Building Details

    Year built
    1910

    Source: Lamacchia Realty, Inc. Agent Mulryan and Maher Group

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

    Overview

    Renovated 32-Unit Apartment Building

    This is a fully renovated 32-unit apartment building. The historic school building has been completely modernized, featuring a new roof, all new utilities, and updated interiors throughout. The property includes 30 one-bedroom apartments and 2 studios. Each unit offers quartz countertops, new appliances, and modern finishes. Residents have access to 19 storage areas, 3 parking lots, a ButterflyMX intercom system, and a full security system. The property is located within walking distance to Polar Park, restaurants, and nightlife, with quick access to major highways.
    Location Intelligence

    Current Use by Public Records

    Learning first charter ... School

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -71.7938019
    Latitude
    42.255895

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated 32-unit apartment building in prime location.
    Where is this apartment building located?
    The property is located at 22 Waverly St Worcester, MA.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: - Prime location: Walking distance to Polar Park, fine restaurants, and nightlife.; - Fully renovated 32-unit apartment building with modern interiors.; - New roof and all new utilities.
    (508) 713-2212
    Request Owner's contact information
    22 Waverly St Worcester, MA 01604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 Waverly St Worcester, MA 01604
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