BEDS9
BATHS5 full
SQUARE FEET3,632
MLS#73551599
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional investment opportunity in Worcester! This income-producing multifamily offers 10 bedrooms, 5 baths, and over 3,648 sq. ft. with a flexible layout designed to maximize rental income. The detached garage generates an additional $500/month in rental income, providing immediate added cash flow. The property has been converted from oil to natural gas for improved efficiency. Situated on a lot bordering two streets, there may be subdivision potential (buyer to perform their own due diligence). Additional features include ample off-street parking, a spacious basement with workshop, two three-season porches offering additional usable space, and a oversized backyard. Conveniently located near schools, parks, shopping, restaurants, public transportation, and major routes, this property offers an outstanding opportunity for investors seeking strong current income with future value-add potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Unfinished
Basement: Yes
Garage: 2
Lot Size: 0.34 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $8,419
Year Built: 1920
Feature Descriptions
Building Area Total: 3632
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 5
Dwelling Type: 4 Family
Exterior: Frame
Flooring: Wood, Vinyl, Laminate
GarageY/N: Yes
Lot Features: Level, Other
Open Parking Y/N: Yes
Parcel Number: M:08 B:021 L:05+7A,1770018
Parking Features: Paved Drive, Off Street
Parking Total: 9
Patio And Porch: Porch, Enclosed
Rent Includes: Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water), Unit 3(Heat, Electric, Gas, Water, Hot Water)
Rooms Total: 18
Sewer: Public Sewer
Units: 4
Water: Public
Listed By / Shown By
Listed By
Agency Name: Lamacchia Realty, Inc.
Agent Name: Carlena Desmond
Agency Phone: 508-425-7372
Shown By
Agent Name: Tom Heany
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 2,815.81 per month $1,869.25 Principal & Interest $701.58 Property Tax $244.97 Homeowner's Insurance
106 Mill St | MLS# 73551599
This multi-family property located at 106 Mill St, Worcester, MA 01603 is currently listed for sale with an asking price of $839,900. Search Worcester real estate on tomheany.masiellogrouprealestate.com today.