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February 6, 2019

Worcester multifamily building sells for $720K

Image | Courtesy of Google Maps A six-unit building on Indian Lake in Worcester

A six-unit apartment building on Indian Lake in Worcester has sold for $720,000.

The sale, which closed Jan. 31, puts the value of each unit at $120,000.

The building at 45 Proctor St. was built in 1971 and was last assessed by the city at $487,900. It last sold in 2015 for $557,450.

The seller was Six Seventeen Capital, which is registered to Michael and Melissa Prendergast of Sterling. The buyer was College Ring Trust, which is registered to Thiago DosSantos of Hopkinton.

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