227 Chandler St, Worcester, MA 01609
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$1,200,000
Type: Mixed Use
Other (See Remarks)
4206 Bldg. SQFT
N/A Restrooms
Parking: N/A

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

Property Details tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Conforming
  • MLS ID#: 73353138

Financial

  • Gross Annual Expenses: 41250
  • Gross Annual Income: 210000
  • Net Operating Income: 168750
  • Lease Type: Other (See Remarks)

Building Information

  • Total SQFT: 4206

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

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Seller's Representative: Omar Regalado, eXp Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-05 03:05:00

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