Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

123 Confidential St

Worcester, MA ID #73356290

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123 Confidential St

- Worcester, MA ID #73356290

Property Description

Rarest of rare - incredible income! Fully rented rest home with 12%++ returns in desirable Worcester market 45 minutes West of Boston. Existing 60-licensed-bed (31 room) Assisted Living Residence/Rest Home located in Central Massachusetts. This offering includes both the business and the real estate. The site consists of approximately 0.70 acres, improved by a one-story sprinklered building totaling over 15,000 square feet. The rest home is currently self-managed by the business and real estate property owner. The business can be transferred with management staff in-place. Site is highly visible with easy access to public transportation. In addition to the 60 beds spread across 31 units, the property includes on-site laundry, kitchen, dining room, and a courtyard. The business generates approximately $4,000,000 of gross income with typical net income of approximately $1,300,000. Disclaimer: Some images have been lightly edited.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 01603
  • Taxes: 34,212
  • Levels: 2
  • Acres: 0.69

Parking

  • Parking: Paved Drive
  • Parking Spaces: 24

Rooms/Dimensions

  • Total Units: 31
  • Total Floors: 2
  • Total Rooms: 36

Location

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123 Confidential St, Worcester, MA

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Todd Glaskin of Coldwell Banker Realty - Newton. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.