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56 Paine Street

Worcester, MA 01605
$620,000
7 Beds
3 Baths
2,956 Living Area
  • Property Description
    Incredible investment opportunity in the heart of Worcester! This prime 3-unit multi-family property is a stellar addition to any real estate portfolio or the perfect setup for an owner-occupant. The property features a highly rentable layout, boasting two spacious units with 3 bedrooms and 1 full bathroom each, capped off by a bright top-floor unit offering 2 bedrooms and 1 full bathroom. Ample off street parking and on-site coin-op laundry available for tenants! Situated in an amazing, central location, tenants and owners alike will love the effortless commuter access to numerous major routes, paired with the ultimate convenience of being just minutes away from Worcester’s vibrant local restaurants, cafes, and shops. Whether you want to collect strong stable rents or live in one unit while building equity, this versatile multi-family is ready to help you grow your portfolio. Don't miss out!
  • Highlights
    • Heating: Baseboard, Natural Gas
    • Parking Spots: 5
    • Property Type: 3 Family - 3 Units Up/Down
    • Total Rooms: 14
    • Status: Closed
    • Levels: 6
    • Property Class: Residential Income
    • Stories: 6
    • Year Built: 1896
  • Additional Details
    • Basement: Full, Concrete, Unfinished
    • Exclusions: Tenant Owned Appliances, Laundry Machines
    • Flooring: Tile, Hardwood, Stone/Ceramic Tile, Carpet
    • Interior Features: Bathroom With Tub & Shower, Ceiling Fan(s), Living Room, Kitchen
    • Roof: Shingle, Other
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Construction: Conventional (2x4-2x6)
    • Exterior Features: Rain Gutters
    • Foundation: Stone
    • Lot Features: Corner Lot
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: Rg-5
  • 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, T-Station, University
    • Parking Features: Paved Drive, Paved
  • Utilities
    • Electric: Circuit Breakers, 100 Amp Service
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $435,700
    • Tax Year: 2025
    • Total Rent: $4,750
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
    • Taxes: $5,747

Location

56 Paine Street, Worcester, MA 01605

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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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