227 Chandler St new

Worcester,MA 01609

$ 1200000

- Bed

- Bath

4206 SqFt


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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