3 Ureco Ter Portfolio, Worcester MA 01602

Worcester, MA 01602 • West Side

$4,850,000

Est. $30,465/month

Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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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

90

Days on Market

For Sale Listed Jul 8, 2026 • MLS# 73546527 Copied! • Updated Aug 17, 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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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

Stories 3

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

Lead Paint Unknown

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

Total market time (incl. prior listings) 57 days

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

Floor Layout

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 information not available for this location.

Monthly Payment Calculator

Monthly Payment

$0

Principal, interest, taxes & insurance

Loan Amount

$0

After down payment

Total Interest

$0

Over life of loan

Total Cost

$0

Including down payment

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $5,741

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

Rate Impact

-0.5% Rate

$0/mo

Save $0/mo

Current Rate

$0/mo

+0.5% Rate

$0/mo

Cost $0/mo

Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

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 Aug 17, 2026 3:05 AM EDT

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

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