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106 Mill StWorcester, MA 01603

Worcester County

$789,900List price
9Beds
6Baths
3,632Sq Ft
1920Year built
0.34Acre lot
2Garage
3Stories
10 weeks agoOn market

Description

Huge Price Adjustment!! Exceptional Worcester investment opportunity offering strong existing income and future value-add potential! Generating approximately **$108,000 in annual gross income, including income from the detached garage**, this substantial multifamily offers more than **3,600 sq. ft. of living area**, 5 baths and a flexible layout providing multiple income-producing spaces. The detached two-car garage is currently rented for **$500 per month**, contributing to the property's overall income. Converted from oil to **natural gas**, the property also offers an impressive **9 off-street parking spaces**—a valuable feature for a multifamily investment. Situated on an oversized **15,026± sq. ft. lot bordering two streets**, the property may offer intriguing possibilities for future expansion, subdivision or other value-add opportunities, subject to buyer due diligence and all required municipal approvals. Additional features include a full basement with workshop and storage space, two enclosed three-season porches offering additional usable space, hardwood flooring in portions of the property, and a generously sized backyard. Located in Worcester's **Webster Square area**, the property is conveniently situated **near Coes Pond and its recreational amenities**, while also providing easy access to shopping, restaurants, parks, public transportation and major commuter routes. With strong current income, abundant parking, a substantial lot and opportunities to further enhance the property over time, this is an outstanding opportunity for an investor looking to add an income-producing Worcester multifamily to their portfolio. **Invest now, generate income today, and explore the possibilities for tomorrow!** Unit 4 to be delivered vacant.

Property Information

Property type
Residential Income
Sub-type
Quadruplex
Year built
1920
Stories
3
Living area
3,632 Sq Ft
Lot size
0.34 acres
Garage spaces
2
Parking spaces
9
Zoning
RL-7
Days on market
73
MLS® Listing#
73551599

Property Features

Appliances
Gas Water Heater
Flooring
Wood · Vinyl · Laminate
Basement
Full · Interior Entry · Unfinished
Parking
Paved · Off Street
Patio
Porch · Enclosed
Lot features
Level · Other
Construction
Frame
Foundation
Concrete Perimeter · Stone
Roof
Shingle
Community
Park
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$8,419Tax year 2025
Assessed value
$638,300
Parcel number
M:08 B:021 L:05+7A,1770018

Directions

Waze or GPS

Listing Courtesy: Lamacchia Realty, Inc. - 5084257372

Presented by: Carlena Desmond

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.

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