3 Ureco Ter Portfolio, Worcester, MA 01602

Worcester
Local realty services provided by:Metropolitan Homes
3 Ureco Ter Portfolio,Worcester, MA 01602
$4,850,000
  • 43 Beds
  • 27 Baths
  • 26,656 sq. ft.
  • Multi-family
  • Active
Listed by: michael barbera
Office: ba property & lifestyle advisors
MLS#:73546527
Source:MLSPIN

Price summary

  • Price:$4,850,000
  • Price per sq. ft.:$181.95

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).

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Home facts

  • Year built:1910
  • Listing ID #:73546527
  • Updated:July 09, 2026 at 10:53 AM

Rooms and interior

  • Bedrooms:43
  • Total bathrooms:27
  • Full bathrooms:24
  • Half bathrooms:3
  • Rooms Total:85
  • Basement Description:Full
  • Living area:26,656 sq. ft.

Structure and exterior

  • Year built:1910
  • Building area:26,656 sq. ft.
  • Lot area:1 Acres
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,850,000
  • Price per sq. ft.:$181.95
  • Tax amount:$68,892 (2025)

Parking

  • Total parking spaces:30
  • Parking description:Paved Drive
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein. MLSPIN Member Broker: Michael Albano

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