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Incredible investment opportunity in the heart of Worcester! This prime 3-unit multi-family property is a stellar addition to any real estate portfolio or the perfect setup for an owner-occupant. The property features a highly rentable layout, boasting two spacious units with 3 bedrooms and 1 full bathroom each, capped off by a bright top-floor unit offering 2 bedrooms and 1 full bathroom. Ample off street parking and on-site coin-op laundry available for tenants! Situated in an amazing, central location, tenants and owners alike will love the effortless commuter access to numerous major routes, paired with the ultimate convenience of being just minutes away from Worcester's vibrant local restaurants, cafes, and shops. Whether you want to collect strong stable rents or live in one unit while building equity, this versatile multi-family is ready to help you grow your portfolio. Don't miss out!

More Info

Basic Information

  • Gross Income $57,000
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number M:09 B:009 L:00018,1770849
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $435,700
  • Tax Year 2025
  • Taxes$5,747

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Paved
  • Parking Spaces5

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms7
  • Full Bath3

Basic Information

  • List Price$595,000
  • MLS Number73545758
  • Modification Date07/08/2026
  • Property SubType3 Family - 3 Units Up/Down

Location

  • Address56 Paine Street
  • Building Number56
  • CountyWorcester
  • StateMA
  • StreetPaine Street
  • TownWorcester
  • Zip01605

Building

  • BasementFull, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Conventional (2x4-2x6)
  • Door Features Storm Door(s)
  • FoundationStone
  • Levels 6
  • Patio And Porch Features Porch
  • Rooms14
  • Stories6
  • Units3
  • Utilities For Gas Range, Washer Hookup
  • Window Features Insulated Windows
  • Year Built1896
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.1

Interior

  • Flooring Tile, Hardwood, Stone/Ceramic Tile, Carpet
  • Interior Features Bathroom With Tub & Shower, Ceiling Fan(s), Living Room, Kitchen

Exterior

  • Exterior Features Rain Gutters
  • RoofShingle, Other

Utilities

  • Electric Circuit Breakers,100 Amp Service
  • Heat SystemYes
  • Heating Baseboard, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,956
  • Lot Size Square Feet 4,324
  • Lot Size Units Acres
  • Square Feet2,956

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Other AmenitiesBasement, Golf

Legal

  • ZoningRG-5

Other

  • Date Listed07/07/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by The Balestracci Group of Lamacchia Realty,Inc.

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