Kenwood Residential Facility

  • Title

    Residential Property for Sale

  • City

    Worcester, MA

  • Price

    $550,000

  • Cap Rate

    9.0%

  • Price/SF

    $213.18

  • No. Stories

    3

  • Year Built

    1900

  • Building Size

    2,580 SF

Not found amenities.

Northeast Private Client Group is pleased to present the recovery facility located at 65 Kenwood Ave, Worcester, MA.

Opportunity to own an established asset, NNN lease income, established long-term tenancy, furnished  acility that will be sold with all furnishings.Current Lease: 15 years; 15 years remaining with 3% escalators each year. This is an opportunity to own real estate leased and operated by Vanderburgh House — a leader in the offering housing, recovery industry and services to individuals in recovery.

Worcester is located in central Massachusetts, about forty miles west of Boston and 50 Miles east of Springfield. As of the 2010 census, the cities population was 181,045, making it the second most populous city in New England. Worcester’s estimated income is about $46,000/yr, while the estimated Massachusetts average is roughly $64,500.

All interested and qualified parties will have an opportunity to tour the property during scheduled appointments and obtain additional information upon request.

Worcester, Worcester County, MA

Kenwood Residential Facility