Sold!
$700,000
10
Beds
3
Baths
3,765
Living Area
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Property Description
Exceptional 3-family investment opportunity in a prime Worcester location. Ideal for both investors and owner-occupants, this property presents an opportunity for steady cash flow and long-term value. The fully renovated third-floor unit, complete with a brand-new heating system, adds immediate value and reduces future capital expenses, making this a smart long-term hold. The remaining units provide steady rental income, and each unit features washer and dryer hookups. With a pro forma cap rate exceeding 7%, this is a solid income-producing asset with upside. Conveniently located near major highways, shopping, dining, and local amenities, this property is a standout addition to any portfolio.
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Highlights
- Heating: Forced Air, Natural Gas
- Parking Spots: 3
- Property Type: 3 Family
- Total Rooms: 16
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Flooring: Vinyl, Hardwood
- Interior Features: Lead Certification Available, Remodeled, Living Room, Kitchen, Dining Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rg-5
- Basement: Full, Interior Entry, Dirt Floor, Unfinished
- Exterior Features: Balcony/Deck, Balcony
- Foundation: Stone, Brick/Mortar
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive, Off Street, Tandem
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $652,400
- Tax Year: 2025
- Total Rent: $4,200
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $8,605
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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 Property Investors & Advisors, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
