3 Ives St, Worcester, MA 01603

Investor and contractor opportunity in Worcester!! This three-family home offers over 3,700 sq ft of living space across three 2-bedroom units and needs a complete renovation from top to bottom. The property has been condemned by the city and lacks a formal heating system in all units. It is a full overhaul, but the bones look solid and the layout is a strong foundation for a value-add project. Features include off-street parking, a full basement, and separate electric meters (no owner's panel). The property is listed on the historic registry; any applicable guidelines or restrictions with the city should be verified. This could be a productive winter project for an experienced investor or contractor looking to add a multi-family to their portfolio. Sold as-is. Dry inspections only. Due to the property's condition, it will not qualify for most conventional financing; cash or renovation/rehab financing is recommended.