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Exceptional 3-family investment opportunity in a prime Worcester location. Ideal for both investors and owner-occupants, this property presents an opportunity for steady cash flow and long-term value. The fully renovated third-floor unit, complete with a brand-new heating system, adds immediate value and reduces future capital expenses, making this a smart long-term hold. The remaining units provide steady rental income, and each unit features washer and dryer hookups. With a pro forma cap rate exceeding 7%, this is a solid income-producing asset with upside. Conveniently located near major highways, shopping, dining, and local amenities, this property is a standout addition to any portfolio.

More Info

Basic Information

  • Contingency Inspection
  • Gross Income $50,400
  • Lot Features Corner Lot
  • Mls StatusUnder Agreement
  • Parcel Number M:06 B:022 L:00045,1767609
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Tax Information

  • Tax Assessed Value $652,400
  • Tax Year 2025
  • Taxes$8,605

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Tandem
  • Parking Spaces3

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms10
  • Full Bath3

Basic Information

  • List Price$699,900
  • MLS Number73501533
  • Modification Date05/29/2026
  • Property SubType3 Family
  • Purchase Contract Date04/22/2026

Location

  • Address62 May Street
  • Building Number62
  • CountyWorcester
  • StateMA
  • StreetMay Street
  • TownWorcester
  • Zip01610

Building

  • BasementFull, Interior Entry, Dirt Floor, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone, Brick/Mortar
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms16
  • Stories3
  • Units3
  • Utilities For Gas Range, For Electric Range
  • Year Built1890
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.14

Interior

  • Flooring Vinyl, Hardwood
  • Interior Features Lead Certification Available, Remodeled, Living Room, Kitchen, Dining Room

Exterior

  • Exterior Features Balcony/Deck, Balcony
  • RoofShingle

Utilities

  • Heat SystemYes
  • Heating Forced Air, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,765
  • Lot Size Square Feet 6,009
  • Lot Size Units Acres
  • Square Feet3,765

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningRG-5

Other

  • Date Listed04/15/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by The Decotis Group of Lyv Realty

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