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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

Other

  • Date Listed07/17/2026
  • Farm Land Area Units Square Feet
  • View Count5

Map Location

Driving Directions

Listed by Carlena Desmond of Lamacchia Realty,Inc.

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