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June 6, 2024

Newly constructed Worcester low-rise apartment complex sells for $3M

A lot with a foundation constructed on it, with a fence around it. Image | Courtesy of Google Maps This formerly open lot (shown here in 2019) is now the site of a nine-unit apartment building, which sold for $2.74 million on Tuesday.

A Worcester apartment building constructed by Worcester-based Gold Star Builders in 2023 has been sold for $2.74 million.

The building, located at 7-9 Richards St., was sold by Gold Star Builders in a deal finalized on Tuesday, according to Worcester District Registry of Deeds records. 

The property was sold to Oakdale Avenue LLC, a Pittsfield-based entity managed by Zeyu Liu. 

Gold Star bought the property for $60,000 in 2017, according to City of Worcester property records. The lot previously held a community garden space, according to Google Street View images dating back to 2007.

The building is a three-story, nine-unit structure built in 2023. The property was given a tax assessment value of $1.18 million in 2024, according to City of Worcester property records. 

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