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$ 1,100,000
Est. payment /mo
Price Dropped by $50K
1038 Main Street Worcester, MA 01603
12 Beds
6 Baths
5,802 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family - Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 5,802 sqft
Price per Sqft $189
MLS Listing ID 73489300
Bedrooms 12
Full Baths 6
Year Built 1920
Annual Tax Amount $14,838
Tax Year 2026
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 4 Family - Rooming House
Property Description
Prime investment opportunity! Turnkey 6-unit building just a short walk to Clark University. Property features six spacious, renovated 2-bedroom / 1-bathroom units, delivering reliable cash flow with a solid, long-term tenant base and minimal landlord responsibilities. Fully separate utilities: individual electric meters, separate gas meters, tenant-paid hot water baseboard heat, and tenant-paid hot water heaters in each unit. City trash pickup included at no extra cost. Building updates include newer vinyl siding, newer vinyl replacement windows, and a newer rubber roof. Interiors feature fresh paint, recently refinished hardwood floors, and updated hardware. Two parking spots (tandem) behind property can provide additional rental income. Ideal for investors seeking a hassle-free, income-producing asset in a vibrant area with strong rental demand from students and professionals.
Location
State MA
County Worcester
Zoning BG-2
Direction Corner of Main Street and Irene Street
Rooms
Basement Unfinished
Interior
Flooring Hardwood
Exterior
Community Features Public Transportation, Park, House of Worship, Public School, University
Roof Type Rubber
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot
Story 5
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Longwood Residential, LLC