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2 Preston St

Worcester, MA 01610
$2,300,000
29 Beds
10 Baths
10,170 Living Area
  • Property Description
    Immaculate 10-unit investment opportunity just hit the market in the heart of Worcester, MA. This well-maintained multifamily property features a desirable mix of spacious 2- and 3-bedroom units, making it highly attractive to long-term tenants. The current monthly rent roll is 21009.00 with all units participating in Section 8, offering investors the benefit of stable income. Annual rent increases have already been submitted and approved effective 4/1/2026, BRINGING IN ANNUALLY 30,420 to thr bottom line. Properties of this size, condition, and income stability rarely come to market, especially in one of the fastest-growing cities in Massachusetts. Ideal for both seasoned investors and those looking to expand their portfolio with a strong, low-risk asset. Open House Canceled
  • Highlights
    • Heating: Baseboard
    • Property Class: Residential Income
    • Stories: 5
    • Year Built: 1900
    • Levels: 5
    • Property Type: 5+ Family - 5+ Units Up/Down
    • Total Rooms: 49
    • Status: Closed
  • Additional Details
    • Appliances: Range, Refrigerator
    • Construction: Brick
    • Flooring: Wood, Vinyl
    • Interior Features: Lead Certification Available, Bathroom With Tub & Shower, Internet Available - Broadband, Living Room, Dining Room, Kitchen, Laundry Room, Family Room
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: Rg-5
    • Basement: Interior Entry, Dirt Floor
    • Exterior Features: Balcony/Deck
    • Foundation: Stone
    • Lot Features: Corner Lot
    • Roof: Tar/Gravel
    • Total Number of Units: 10
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Park, Laundromat, Highway Access, House of Worship, Public School, University
    • Parking Features: Off Street
  • Utilities
    • Electric: Circuit Breakers, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,857,100
    • Tax Year: 2025
    • Total Rent: $8,572
    • Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
    • Taxes: $24,495

Location

2 Preston St, Worcester, MA 01610

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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 LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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