For Sale · Commercial
2 Ureco Ter Portfolio
Worcester, MA 01602
$4,850,000
$182 per sq ft
- 26,656
- sq ft
Est. payment: $30,415/mo Estimated. Taxes and insurance included.
- Lot (sq ft)
- 43,560
- Year Built
- 1910
- Type
- Commercial
- Status
- For Sale
- Property taxes (2025)
- $68,892
- Days on Market
- 0
About this home
Rare opportunity to acquire a clustered 24-unit multifamily portfolio in Worcester's highly desirable Newton Square/West Side neighborhood. Five properties — 827 Pleasant St (10 units), 2 Ureco Terrace (9 units), 7–9 Ureco Terrace (2 units), 831 Pleasant St (2 units), and 3 Ureco Terrace (1 unit) — all situated along a single private drive, delivering concentrated operational efficiency unavailable in dispersed portfolios. 95.8% occupied with gross scheduled rent of $475,800/yr and stabilized NOI of $240,197. Average in-place rent of $1,724/month with meaningful near-term upside given the premium Newton Square location and ~$395,000 in recent capital improvements, including a full gut renovation at 9 Ureco Terrace (2025), kitchen/bath upgrade at 2 Ureco Unit 2L (2023), and boiler replacements. Offered at $4,850,000 (~$202K/unit). Comparable clustered portfolios of this scale and quality simply do not come to market in Worcester's west side.
Facts & features
Systems & utilities
- Utilities
- Public Water, Public Sewer
Construction
- Year built
- 1910
Flood risk
Location
Courtesy of BA Property & Lifestyle Advisors
MLS #: 73546562 · Updated: August 17, 2026
Listing data is provided in part by MLS PIN and PrimeMLS/NEREN and is for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed.
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