Luxury Real Estate Group Boston > Worcester > 106 Mill St

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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