106 Mill St, Worcester, MA 01603
106 Mill St, Worcester, MA 01603
106 Mill St, Worcester, MA 01603
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$819,900
Est. payment /mo
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9 Beds
5 Baths
3,632 SqFt
Price Dropped by $20K

106 Mill St Worcester, MA 01603

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Molly Smith

Molly Smith

+1(508) 980-9042

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,632 sqft

Price per Sqft $225

MLS Listing ID 73551599

Bedrooms 9

Full Baths 5

Year Built 1920

Annual Tax Amount $8,419

Tax Year 2025

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type 4 Family

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!**

Location

State MA

County Worcester

Area Webster Square

Zoning RL-7

Direction Waze or GPS

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Flooring Wood, Vinyl, Laminate

Exterior

Garage Spaces 2.0

Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat

Roof Type Shingle

Total Parking Spaces 11

Garage Yes

Building

Lot Description Level, Other

Story 3

Foundation Concrete Perimeter, Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Lamacchia Realty, Inc.

NEARBY SCHOOL & BUSINESS

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Molly Smith

Molly Smith

Agent

+1(508) 980-9042

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106 Mill St

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