3 Ureco Ter Portfolio Worcester — Photo 1 of 7
$4,850,000
3 Ureco Ter Portfolio, Worcester, MA 01602
Worcester, MA 01602 — West Side
Beds
43
Baths
25.5
SqFt
26,656
Style
5+ Family - 5+ Units Up/Down
Built
1910
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).
Key facts
It was listed on July 8, 2026. The annual property taxes are $68,892 (2025 tax year). It sits on a 1-acre (43,560 sq ft) lot.
Market Value Analysis
* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Worcester, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Questions about this home
When was 3 Ureco Ter Portfolio, Worcester listed?
3 Ureco Ter Portfolio, Worcester was listed on July 8, 2026.
Has the price of 3 Ureco Ter Portfolio, Worcester changed?
The price hasn't changed since it was listed at $4,850,000.
What are the property taxes for 3 Ureco Ter Portfolio, Worcester?
The annual property taxes for 3 Ureco Ter Portfolio, Worcester are $68,892 (2025 tax year).
How big is the lot at 3 Ureco Ter Portfolio, Worcester?
3 Ureco Ter Portfolio, Worcester sits on a 1-acre (43,560 sq ft) lot.
What is the status of 3 Ureco Ter Portfolio, Worcester?
3 Ureco Ter Portfolio, Worcester is actively listed for sale.
Population
27,092
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$92K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
41.1%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Michael Barbera
Listing Office: BA Property & Lifestyle Advisors
MLS® Number: 73546527
