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Immaculate 10-unit investment opportunity just hit the market in the heart of Worcester, MA. This well-maintained multifamily property features a desirable mix of spacious 2- and 3-bedroom units, making it highly attractive to long-term tenants. The current monthly rent roll is 21009.00 with all units participating in Section 8, offering investors the benefit of stable income. Annual rent increases have already been submitted and approved effective 4/1/2026, BRINGING IN ANNUALLY 30,420 to thr bottom line. Properties of this size, condition, and income stability rarely come to market, especially in one of the fastest-growing cities in Massachusetts. Ideal for both seasoned investors and those looking to expand their portfolio with a strong, low-risk asset. Open House Canceled

More Info

Basic Information

  • Gross Income $252,108
  • Lot Features Corner Lot
  • Mls StatusUnder Agreement
  • Parcel Number M:06 B:17C L:00044,1768374
  • Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)

Tax Information

  • Tax Assessed Value $1,857,100
  • Tax Year 2025
  • Taxes$24,495

Parking

  • Parking Features Off Street
  • Parking Spaces

Rooms

  • Bathroom10
  • Bathrooms Total Decimal 10
  • Bedrooms29
  • Full Bath10

Basic Information

  • List Price$2,399,000
  • MLS Number73475427
  • Modification Date02/20/2026
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date02/20/2026

Location

  • Address2 Preston Street
  • Building Number2
  • CountyWorcester
  • StateMA
  • StreetPreston Street
  • TownWorcester
  • Zip01610

Building

  • BasementInterior Entry, Dirt Floor
  • Building Area Units Square Feet
  • Construction Materials Brick
  • Door Features Storm Door(s)
  • FoundationStone
  • Levels 5
  • Patio And Porch Features Deck
  • Rooms49
  • Stories5
  • Units10
  • Utilities For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.07

Interior

  • Flooring Wood, Vinyl
  • Interior Features
    • Bathroom With Tub & Shower
    • Dining Room
    • Family Room
    • Internet Available - Broadband
    • Kitchen
    • Laundry Room
    • Lead Certification Available
    • Living Room

Exterior

  • Exterior Features Balcony/Deck
  • RoofTar/Gravel

Utilities

  • Electric Circuit Breakers, Individually Metered
  • Electric Expense 2402
  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 10,170
  • Lot Size Square Feet 2,863
  • Lot Size Units Acres
  • Square Feet10,170

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Park
    • Public School
    • Public Transportation
    • University
  • Appliances IncludedRange, Refrigerator

Legal

  • ZoningRG-5

Other

  • Date Listed02/09/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by We Close Deals Team of Lamacchia Realty,Inc.

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