36 Paine Street
$1,050,000
12
Beds
3
Baths
4,051
Sqft
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$1,050,000
12
Beds
3
Baths
4,051
Living Area
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Property Description
Turnkey Investment Opportunity at 36 Paine Street, Worcester, MA!Exceptional opportunity to own a large, oversized, fully occupied three-family property generating turnkey rental income. Each of the three spacious units features 4 bedrooms, a living room, kitchen, and full bathroom with tub and shower, offering an impressive total of 12 bedrooms across the property. All three units have been completely remodeled, showcasing hardwood and luxury vinyl plank flooring, stainless steel appliances, replacement windows and doors, and washer and dryer hookups in every unit. Additional highlights include separate utilities for each floor, with tenants responsible for all utilities, including water, which is sub-metered. Lead certificates are in place for all three units, providing added peace of mind.Even better, the property is fully occupied and generates rental income designed to cover all operating expenses, making this an attractive opportunity for investors seeking immediate cash flow and a hands-off investment. Whether you're expanding your portfolio or looking for a strong income-producing asset, this turnkey three-family property deserves your attention. An outstanding opportunity to step into an established investment with tenants already in place!
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Highlights
- Cooling: None, Window Unit(s)
- Levels: 9
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 24
- Status: Active
- Heating: Steam, Natural Gas, Individual, Forced Air
- Property Class: Residential Income
- Stories: 9
- Year Built: 1904
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Additional Details
- Appliances: None, Range, Refrigerator
- Construction: Frame
- Flooring: Hardwood
- Interior Features: Sunroom, Ceiling Fan(s), Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Unknown, Living Room, Kitchen, Laundry Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rg-5
- Basement: Full, Interior Entry, Dirt Floor, Concrete, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Stone
- Lot Features: Wooded, Gentle Sloping, Level
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, University, Sidewalks
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $630,800
- Tax Year: 2026
- Total Rent: $7,260
- Rental Fee Includes: Unit 1(None), Unit 2(None)
- Taxes: $8,377
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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 Remax Revolution.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.