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Exceptional Worcester investment opportunity offering strong existing income and future value-add potential! Generating approximately **$108,000 in annual gross income, including income from the detached garage**, this substantial multifamily offers more than **3,600 sq. ft. of living area**, 5 baths and a flexible layout providing multiple income-producing spaces. The detached two-car garage is currently rented for **$500 per month**, contributing to the property's overall income. Converted from oil to **natural gas**, the property also offers an impressive **9 off-street parking spaces**-a valuable feature for a multifamily investment. Situated on an oversized **15,026± sq. ft. lot bordering two streets**, the property may offer intriguing possibilities for future expansion, subdivision or other value-add opportunities, subject to buyer due diligence and all required municipal approvals. Additional features include a full basement with workshop and storage space, two enclosed three-season porches offering additional usable space, hardwood flooring in portions of the property, and a generously sized backyard. Located in Worcester's **Webster Square area**, the property is conveniently situated **near Coes Pond and its recreational amenities**, while also providing easy access to shopping, restaurants, parks, public transportation and major commuter routes. With strong current income, abundant parking, a substantial lot and opportunities to further enhance the property over time, this is an outstanding opportunity for an investor looking to add an income-producing Worcester multifamily to their portfolio. **Invest now, generate income today, and explore the possibilities for tomorrow!**
More Info
Basic Information
- Gross Income $108,000
- Lot Features Level, Other
- Mls StatusActive
- Parcel Number M:08 B:021 L:05+7A,1770018
- Rent Includes Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water), Unit 3(Heat, Electric, Gas, Water, Hot Water)
Tax Information
- Tax Assessed Value $638,300
- Tax Year 2025
- Taxes$8,419
Parking
- Covered Spaces 2
- Garage YN Yes
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street
- Parking Spaces9
Rooms
- Bathroom5
- Bathrooms Total Decimal 5
- Bedrooms9
- Full Bath5
Basic Information
- List Price$819,900
- MLS Number73551599
- Modification Date08/24/2026
- Property SubType4 Family
Location
- Address106 Mill Street
- Building Number106
- CountyWorcester
- NeighborhoodWebster Square
- StateMA
- StreetMill Street
- SubdivisionWebster Square
- TownWorcester
- Zip01603
Building
- BasementFull, Interior Entry, Unfinished
- Building Area Units Square Feet
- Construction Materials Frame
- FoundationConcrete Perimeter, Stone
- Garage Spaces2
- Levels 3
- Patio And Porch Features Porch, Enclosed
- Rooms18
- Stories3
- Units4
- Year Built1920
- Year Built Details Actual
- Year Built Source Public Records
Property
- Acreage0.34
Interior
- Flooring Wood, Vinyl, Laminate
Exterior
- RoofShingle
Utilities
- Sewer Public Sewer
- 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
- AmenitiesPublic Transportation, Shopping, Park, Medical Facility, Laundromat
- Other AmenitiesBasement
Legal
- ZoningRL-7
Other
- Date Listed07/17/2026
- Farm Land Area Units Square Feet
- View Count5
Map Location
Listed by Carlena Desmond of Lamacchia Realty,Inc.
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