Rental units in Bell Hill area
5 Replies
Sean Maginess
from Oakdale, Connecticut
posted almost 3 years ago
Good morning!
I have recently taken over a 2 bed/ 1 bath and 1 bed/ 1 bath unit in the Bell Hill area of Worcester. The building has gated parking, in-unit washer/ dryers, and a management company. I'll be visiting the units this weekend to assess their condition, but I expect they will need new flooring and possibly new cabinets and appliances.
I'm not familiar with the going rental rates for Worcester, as I live out of state now. What is reasonable to expect for rents in the area?
Any insight and feedback would be greatly appreciated.
Thanks!
Steve Bracero
Real Estate Agent from Westboro, MA
replied almost 3 years ago
For a 2/1 with a washer dryer and also depending on sq footage I would think 900-950. For a 1/1 I would say between 800-825. It depends on condition as well as when its ready to rent... now is a better time for a rental then winter
Sean Maginess
from Oakdale, Connecticut
replied almost 3 years ago
Thanks so much for the input. I'm hoping for a quick turnaround, so mid June/ early July.
Steve Bracero
Real Estate Agent from Westboro, MA
replied almost 3 years ago
No problem man!
Steve Bracero
Real Estate Agent from Westboro, MA
replied over 2 years ago
How is this coming, were you able to turn the unit quickly?
Sean Maginess
from Oakdale, Connecticut
replied over 2 years ago
Hi Steve,
Units are in good condition and will just need paint, new appliances, and new flooring. Just normal wear and tear from tenants that have lived there for 10+ years. I'll hopefully have them turned around in a couple of weeks and ready for tenants by mid July/ August 1st.