List Search

70-72 Russell Street
Worcester, MA 01609 Institute Park

$2,495,000 USD

Apartments For Sale  •  12,424 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,424 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 1910
  • Zoning RG-5
50 Transit Score
80 Walk Score

Highlights

Desirable Location: Situated in the highly sought-after Elm Park neighborhood
Recent Capital Improvements: Significant upgrades reduce future capital requirements
Modern Building Systems: Exterior intercom, secured entry doors, building-wide Wi-Fi, and new fire alarm panel
Balanced Unit Mix: Six one-bedroom units and seven three-/four-bedroom units
Value-Add Potential: Approximately 15% rental upside, laundry room income opportunity, and potential parking revenue

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.2 mi
Worcester (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 3 min - 1.3 mi
AirportDriveWalkDistance
Worcester Regional 11 min - 4.9 mi
Taylor Perun 203-692-2420 Northeast Private Client Group
Taylor Perun 203-692-2420 Northeast Private Client Group