For Sale
$2,950,000

49 Upland St Worcester, MA 01607

Prime Worcester development site, 118 units approved.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 6.25-acre commercial land parcel, located at 49 Upland Street in Worcester, Massachusetts, presents a unique investment opportunity. Zoned RL-7.0, the property boasts conditional approvals for the construction of two multi-family residential apartment buildings, totaling 118 units. The development plan includes approximately 200 surface parking spaces, catering to residents' needs. Adding to the property's appeal is a planned 11,000 square foot dog park, a valuable amenity in today's market. Its strategic location offers convenient access to major transportation arteries, including the Route 146 and Mass Pike (I-90) connector, placing it within minutes of downtown Worcester and the College of the Holy Cross. The asking price for this remarkable development opportunity is $2,950,000. Detailed engineered plans are available for review. This property represents a compelling chance to capitalize on the growing demand for residential housing in a vibrant and well-connected location. The zip code is 01607.

Highlights

  • 118 Units Approved for Occupancy
  • High-Demand Location with Strong Rental Potential
  • Modern Amenities Attract High-Quality Tenants
  • Excellent Property Condition and Strong Cash Flow
  • Strategic Investment Opportunity with Significant ROI Potential

Property Details for 49 Upland St

Property type
Land
Lot Size (sq. ft)
272,250 SF

Location Insight

City
Worcester
County
Worcester
State
Massachusetts
Latitude
42.232124
Longitude
-71.7919027

FAQs

What type of property is this?
Land - Prime Worcester development site, 118 units approved.
Where is the land located?
The property is located at 49 Upland St Worcester, MA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 118 Units Approved for Occupancy; High-Demand Location with Strong Rental Potential; Modern Amenities Attract High-Quality Tenants
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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49 Upland St
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