LRG Boston
(617) 233-5800
355 Boylston St
Boston, Ma 02116
106 Mill St
Worcester, MA
Property Description
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!**
offered at
$819,900
- Listing ID: 73551599
- Bedrooms: 9
- Full Baths: 5
- Half Baths: 2
- Living Area: 3,632 sqft Convert
- Lot Size: 15,026 sqft Convert
- Acres: 0.34
Additional Details
Type: Multi-Family, Quadruplex
Area: Webster Square
Zip Code: 01603
Levels: 3
Parking
Garage: 2
Garage Capacity: 2
Parking: Paved,Off Street
Parking Spaces: 9
Rooms and Dimensions
Total Units: 4
Total Floors: 3
Total Rooms: 18
Has Basement: Yes
Contact: LRG Boston at (617) 233-5800
LRGBOSTON.COM
355 Boylston St. Boston, MA 02116
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