A New Jersey-based trust has paid just over $1 million for a 47-unit building in Worcester’s Main South neighborhood. The sale, which closed Jan. 4, values each of the building’s units at just under $22,000.
The new owners, the Robert and Regina Amsel Irrevocable Trust, bought the property at 1002 Main St. from Longfellow Holdings, a Chestnut Ridge, N.Y., firm that owns about 20 apartment properties across Massachusetts.
Longfellow Holdings bought the property, which stands a few blocks south of Clark University, in 2017 for $2.3 million. The 0.7-acre site was last assessed by the City of Worcester at nearly $3.7 million.
