ATTENTION INVESTORS! Fully occupied 3-family offering immediate rental income with value-add potential. Each unit features 6 rooms, 3 bedrooms, hardwood floors, and replacement windows. Lead certificates in place for all units. Major updates include newer roof, oil tanks (2025), and hot water tanks. A new furnace will be installed prior to closing. Current rents are below market due to long-term tenants-at-will, presenting an opportunity to increase cash flow over time. Property needs cosmetic updates and is ideal for investors seeking to build equity and maximize returns. Conveniently located near highways, public transportation, shopping, restaurants, and colleges. Strong rental demand area with excellent long-term investment potential. SELLER CREDIT AVAILABLE. Don't miss this opportunity to add a solid income-producing asset to your portfolio.

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Basic Information

Gross Income $57,000
Lot Features Gentle Sloping
Mls StatusPrice Changed
Parcel Number M:08 B:037 L:00013,1770364
Road Frontage DescriptionPaved

Tax Information

Tax Assessed Value $550,700
Tax Year 2025
Taxes$7,264

Parking

Open Parking YN Yes
Parking Spaces

Rooms

Bathroom3
Bathrooms Total Decimal 3
Bedrooms9
Full Bath3

Basic Information

List Price$589,000
MLS Number73503777
Modification Date06/02/2026
Property SubType3 Family

Location

Address29 Cambridge Street
Building Number29
CountyWorcester
StateMA
StreetCambridge Street
TownWorcester
Zip01603

Building

BasementFull, Interior Entry, Unfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationBrick/Mortar
Levels 3
Patio And Porch Features Porch
Rooms18
Stories3
Units3
Utilities For Electric Dryer, Washer Hookup
Year Built1900
Year Built Details Actual
Year Built Source Public Records

Property

Acreage0.12

Interior

Flooring Hardwood

Exterior

Fencing Fenced/Enclosed, Fenced
RoofShingle

Utilities

Electric Circuit Breakers
Heat SystemYes
Heating Oil
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 2,746
Lot Size Square Feet 5,341
Lot Size Units Acres
Road Responsibility Public Maintained Road
Square Feet2,746

Amenities

Amenities
- Highway Access
- House of Worship
- Laundromat
- Park
- Private School
- Public School
- Public Transportation
- Shopping
- Sidewalks
- T-Station
- University
Other AmenitiesBasement

Legal

ZoningRG-5

Other

Date Listed04/18/2026
Farm Land Area Units Square Feet
View Count5

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Newton, MA

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More Info

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Newton, MA