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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.

More Info

Basic Information

  • Gross Income $475,800
  • Mls StatusNew
  • Parcel Number M:11 B:018 L:00019

Tax Information

  • Tax Year 2025
  • Taxes$68,892

Rooms

  • Bathroom27

Basic Information

  • List Price$4,850,000
  • MLS Number73546562
  • Modification Date07/08/2026

Location

  • Address2 Ureco Ter Portfolio
  • Building Number2
  • CountyWorcester
  • StateMA
  • StreetUreco Ter Portfolio
  • TownWorcester
  • Zip01602

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1910

Property

  • Acreage1

Property Information

  • Living Area 26,656
  • Lot Size Square Feet 43,560
  • Lot Size Units Acres
  • Square Feet26,656

Legal

  • ZoningRS-10/ RL7
  • Zoning Description Legal Non-Conforming

Other

  • Date Listed07/08/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Michael Barbera of BA Property & Lifestyle Advisors

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