23 Millbury Street, Worcester, MA 01610

23 Millbury Street presents the opportunity to acquire a mixed-use asset in Worcester comprised of (2) retail storefronts, (4) four-bedroom apartments, and (5) three-bedroom apartments. The property offers strong in-place cash flow with additional upside through increasing residential and retail rents to market levels. Tenants are responsible for their own electric, gas heat, and hot water, helping minimize landlord expenses. There are laundry hookups in all units and the roofs have been replaced in the past year.

Located within close proximity to Downtown Worcester, Polar Park, Union Station, and numerous local restaurants and amenities, the property benefits from continued investment and growth throughout the surrounding neighborhood. Optional pairing with the adjacent parcel at 15 Millbury Street, creating the potential for supplemental parking income from both residential and retail tenants in an area where off-street parking remains a valuable amenity.

For more information, or to view the full portfolio, visit kelleysquareportfolio.com.