106 Mill St, Worcester, MA 01603
- $839,900
- 9
- BD
- 5
- BA
- 3,632
- SqFt
- List Price
- $839,900
- Status
- ACTIVE
- MLS#
- 73551599
- Bedrooms
- 9
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 3,632
- Lot Size (Acres)
- 0.34
- Year Built
- 1920
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.
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Additional Information
- Area
- Webster Square
- Taxes
- $8,419
- Parking Description
- Paved Drive, Off Street
- Lot Description
- Level, Other
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Carlena Desmond from Listing Office: Lamacchia Realty, Inc..
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