Welcome to an exceptional investment opportunity in the heart of Worcester. This currently vacant multifamily home boasts an impressive 10 bedrooms, 5 bathrooms, over 3,648 sqft. This property borders two streets, and has a potential to subdivide. A unique rental layout to maximize returns, two traditional apartments and three rooming units, ideal for individual rentals, short term rental or halfway housing with a total of four kitchens with room for five separate living spaces. A large finished garage offers extra rental income, workshop or storage. Plenty of off-street parking. The dry basement is large and has a carpentry workshop and offers plenty of space. Extra living space is offered on the rear two, three season porches. A rare large backyard for Worcester, adding even more value to the rental income. Offering easy access to schools, parks, shopping, and transportation. Don't let this unique opportunity go by, schedule a showing today!

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Basic Information

Contingency Pending P&S
Listing Terms Contract
Lot Features Level, Other
Mls StatusSold
Parcel Number M:08 B:021 L:05+7A,1770018

Tax Information

Tax Assessed Value $533,300
Tax Year 2023
Taxes$7,648

Parking

Covered Spaces 1
Garage YN Yes
Open Parking YN Yes
Parking Features Off Street, Paved
Parking Spaces6

Rooms

Bathroom5
Bathrooms Total Decimal 5
Bedrooms7
Full Bath5

Basic Information

List Price$689,000
MLS Number73174330
Modification Date04/05/2024
Property SubType4 Family - Rooming House
Purchase Contract Date12/17/2023
Sale Date04/04/2024
Sale Price$680,000

Location

Address106 Mill Street
Building Number106
CountyWorcester
StateMA
StreetMill Street
TownWorcester
Zip01603

Building

BasementFull, Bulkhead
Building Area Units Square Feet
Construction Materials Frame
FoundationConcrete Perimeter, Brick/Mortar
Garage Spaces1
Rooms22
Stories8
Units4
Year Built1920
Year Built Details Unknown/Mixed
Year Built Source Public Records

Property

Acreage0.34

Interior

Flooring Wood, Carpet

Exterior

RoofShingle

Utilities

Sewer Other
Water Source Public

Property Information

Building Area Source Public Records
Living Area 3,632
Lot Size Square Feet 15,026
Lot Size Units Acres
Square Feet3,632

Amenities

Other AmenitiesBasement, Beachfront, Waterfront, Water View

Water Body

Miles to Beach0.3
WaterfrontYes
Waterfront Features Waterfront, Beach Front, Pond,1/10 to 3/10 To Beach, Beach Ownership(Public)

Legal

ZoningRL-7

Other

Buyer Agency Compensation2
Date Listed10/26/2023
Farm Land Area Units Square Feet
Transaction Broker Compensation2
View Count105

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Newton, MA

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More Info

Basic Information

Tax Information

Parking

Rooms

Basic Information

Location

Building

Property

Interior

Exterior

Utilities

Property Information

Amenities

Water Body

Legal

Other

Map Location

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Newton, MA