Worcester MA single family

[Tom Fitzmaurice]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $141,500
Cash invested: $29,000

Single family home in West Side of Worcester, MA; conveniently located one block from Worcester State University and less than 2 miles from Worcester Regional Airport. Invested additional $25,000; new windows; Kitchen remodel - granite counter top/ tile floor/ stainless steel appliances; Full bath remodel to the stud. Have made all money back on down payment/renovations in just three years. Property cash flows roughly $9k annually in passive income.