MA
Worcester
Worcester
01603
106 Mill St
106 Mill St, Worcester, MA 01603
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Listing Type
Multi Family
Listing Status
Active
37
$819,900

Home Details for 106 Mill St

Price
$819,900
Type
Residential Income
Bedrooms
9
Total Bathrooms
5
Full Bathrooms
5
Half Bathrooms
2
Square feet
3632
Year built
1920
Lot size acres
0.34
County
Worcester
Total rooms
18
Garage
2
Basement
Full, Interior Entry, Unfinished
Days on site
46
MLS Listing#
73551599
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!**

Property Features
  • Basement
    • Full
    • Interior Entry
    • Unfinished
  • Parking
    • Paved
    • Off Street
  • Water Features
    • Public
Listing Courtesy: Lamacchia Realty, Inc. - 508-425-7372
Presented by: Carlena Desmond
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT NEW OPTIONS REAL ESTATE
12 Main Street, Leominster, MA 01453
Office
888 363 3948
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