$840,000
12
Beds
4
Baths
5,178
Living Area
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Property Description
Amazing opportunity for first-time home buyers and investors alike! This updated 4-family home is located in one of Worcester’s most sought-after neighborhoods and delivers a strong 9.5% cap rate with stable, long-term tenants. Live in one unit and let the rental income from the other three help cover your mortgage—an ideal way to build equity while keeping monthly costs low. The property has been tastefully updated over the years, offering a move-in-ready space with minimal maintenance. With its prime location near schools, parks, shops, and public transit, this is the perfect chance to own a smart, income-producing home in a growing city!
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1895
- Parking Spots: 2
- Property Type: 4 Family - 4 Units Up/Down
- Total Rooms: 23
- Status: Closed
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Additional Details
- Basement: Partial
- Flooring: Vinyl, Hardwood
- Road Frontage Type: Public
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: Rg-5
- Construction: Frame
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
- Waterfront Features: Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
- 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: $652,500
- Taxes: $8,606
- Tax Year: 2025
- Total Rent: $6,461
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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 Berkshire Hathaway HomeServices Commonwealth Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.