3 Ureco Ter Portfolio, Worcester MA 01602

Worcester, MA 01602 • West Side

$4,850,000

Est. $30,465/month

43

Beds

25.5

Baths

26,656

Sq Ft

$182

Price/Sq Ft

1.00

Acres

1910

Year Built

30

Parking

5+ Family - 5+ Units Up/Down

Type

13 hours 18 minutes

Time on Market

Active Listed Jul 8, 2026 • MLS# 73546527 Copied! • Updated Jul 8, 2026

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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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Recently Sold Nearby

Property History

Property Timeline

🏠

Listed for Sale

Jul 8, 2026

$4,850,000

Original listing

Agent: Michael Barbera Office: BA Property & Lifestyle Advisors

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
07/08/2026	🏠 Listed for Sale	$4,850,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$68,892	$5,187,700

Financial Details

Annual Property Tax

$68,892

Tax Year 2025

Assessed Value

$5,187,700

Facts & Features

Home Facts

Type Residential Income

Style 5+ Family - 5+ Units Up/Down

Year Built 1910

Living Area 26,656 sq ft

Lot Size 1.00 acres

Bedrooms 43

Full Baths 24

Half Baths 3

Total Rooms 85

Investment Metrics

Units 24

Unit 1 Rent $9,999/mo · Y

Unit 2 Rent $9,999/mo · Y

Total Monthly Rent $19,998/mo

Gross Income $475,800

Net Operating Income $240,197

Operating Expenses $232,986

Cap Rate 4.95%

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement Full

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Paved Drive

Total Spaces 30

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $68,892

Assessed Value $5,187,700

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Om Attached For More Detailed Information. Information Provided Is Believed To Be Reliable But Is Not Guaranteed And May Be Approximate. Buyer And Buyer’s Agent Are Advised To Perform Their Own Due Diligence And Independently Verify All Information.

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Public Record

Sq Ft Disclosures Total for all buildings. Info deemed reliable but not guaranteed. Buyers and Buyer agents to verify.

Documents None

County Worcester

Property Overview

Property Type

5+ Family - 5+ Units Up/Down

Listing Type

For Sale

Year Built

1910

Bedrooms

43

Full Bathrooms

24

Half Bathrooms

3

Living Area

26,656 sq ft

Total Rooms

85

Stories

3

Levels

3

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement: Full

Laundry:

Security:

Construction & Materials

Year Built: 1910

Structure Type:

Exterior Materials:

Roof:

Foundation: Stone

Stories: 3

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Other

Road Surface:

Parking & Garage

Total Parking Spaces: 30

Parking Features: Paved Drive

Nearby Schools

School District

Worcester School District local

C-

🎓 Where Graduates Go Class of 2021

51% attend college

35% 4-Year 16% 2-Year 4% Out of State 4% Working

⚠ School Safety 2024-25

4.1% Above Average

3.3% Suspensions 1.7% In-School 0.8% Emergency

↓ 1.4% below state avg

E

Elementary Schools

3 schools

C-

Midland Street School

0.4 mi | #711 of 824 | Score: 34.6

Dropped 188 spots from last year

-23.6 below state avg

249 students Diverse

Diverse Student Body

Grades K-06

The T.E.C. Schools. Think. Explore. Create.

0.6 mi

Grades PK-08

F

Worcester Dual Language Magnet School

0.6 mi | #810 of 824 | Score: 26.1

Dropped 223 spots from last year

-32.1 below state avg

519 students Moderate

Grades PK-06

M

Middle Schools

3 schools

Worcester SDA School

1.2 mi

Grades 01-08

C+

Forest Grove Middle School

1.3 mi | #229 of 352 | Score: 38.3

Improved 91 spots from last year

-19.9 below state avg

839 students Diverse

Rising School Diverse Student Body

Grades 07-08

The Nativity School of Worcester

1.8 mi

Grades 05-08

H

High Schools

3 schools

Notre Dame Academy

0.7 mi

Grades 07-12

B-

Doherty Memorial High School

0.8 mi | #195 of 346 | Score: 51.8

Improved 26 spots from last year

-6.4 below state avg

1,573 students Very Diverse

19 sports • 1,302 athletes

Early College Program Rising School Career Tech Programs College Ready Curriculum

Grades 09-12

B+

Claremont Academy

1.6 mi | #9 of 25 | Score: 38.3

Improved 317 spots from last year

-20 below state avg

474 students Moderate

10 sports • 216 athletes

Early College Program Rising School College Ready Curriculum

Grades 07-12

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Location

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Neighborhood

West Side

3 Ureco Ter Portfolio, Worcester MA 01602

Worcester, MA 01602

Listing Information

Listing Agent Michael Barbera

Listing Office BA Property & Lifestyle Advisors

Office Phone 508-852-4227

Agent MLS ID K8000356

Office MLS ID AN7401

Listing Data Updated Jul 8, 2026 12:43 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

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