$785,000
12
Beds
3
Baths
4,368
Living Area
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Property Description
*Ask about 1st Time Homebuyer programs w/ grants up to $50,000, 3% down payment & closing costs covered* Exceptional investment or owner-occupant opportunity in the heart of Worcester! Perfectly situated just steps from Clark University within the tuition-free zone, this property draws consistent rental demand from students, professionals, and families alike. The well-maintained three-family home offers spacious 4-bedroom units, each with in-unit laundry and separate utilities for added convenience. Enjoy five off-street parking spaces—a rare amenity in this neighborhood. With market rents of approximately $2,500 per unit, the property projects a cap rate of 8–9%. Conveniently located near public transportation, shopping, restaurants, and major highways—this is an exceptional income-producing opportunity in one of Worcester’s fastest-growing areas.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1915
- Parking Spots: 5
- Property Type: 3 Family
- Total Rooms: 18
- Status: Closed
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Additional Details
- Basement: Full, Dirt Floor, Unfinished
- Flooring: Wood, Laminate
- Road Frontage Type: Public
- SqFt Source: Appraiser
- Year Built Details: Actual
- Zoning: Rg-5
- Construction: Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, University, Sidewalks
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $597,800
- Taxes: $7,885
- Tax Year: 2025
- Total Rent: $6,189
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of eXp Realty.
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