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Excellent Investment Opportunity! Well-maintained, low-maintenance 3-family property offering strong cash flow potential and long-term investment Value. Rents are substantially below market! Current tenants would like to remain, providing immediate rental income from day one. Comparable 2-bedroom units in the area rent for around $2,000 per month, creating excellent income growth potential. The exterior features durable vinyl siding, a large paved driveway with off-street parking for 7+ vehicles, and a garage ideal for owner storage. Each unit enjoys its own private porch space. All three apartments feature 2 bedrooms, spacious eat-in kitchens with pantry areas, large living rooms, and updated bathrooms. Units 1 and 2 include in-unit washer and dryers, while Unit 3 has access to laundry in the basement. Mechanical updates include a gas furnace approximately 6 years old and newer electric baseboard heating in Unit 3. Low operating expenses with tenants paying their own electricity. Unit 3 also pays its own electric heat, while the landlord provides heat and hot water for Units 1 and 2. Conveniently located in Worcester's desirable Grafton Hill neighborhood, just minutes from major employers, hospitals, shopping, downtown Worcester, and several colleges and universities including Clark University, UMass Chan Medical School, and WPI. Easy access to highways, public transportation, Union Station, and commuter routes makes this a highly attractive rental location. Whether you're expanding your portfolio or looking for a solid owner-occupant investment, this turnkey multifamily offers strong rental demand, stable tenancy, and excellent income potential. Group Showing this Saturday October 3rd 12:00pm - 1:30pm~~ DON'T MISS THIS OPPORTUITY!~~

More Info

Basic Information

  • Gross Income $60,000
  • Lot Features Cleared, Level
  • Mls StatusNew
  • Parcel Number 1780670
  • Rent Includes Unit 1(Heat, Gas, Water, Hot Water), Unit 2(Heat, Gas, Water, Hot Water), Unit 3(Gas, Water, Hot Water)

Tax Information

  • Tax Assessed Value $541,100
  • Tax Year 2026
  • Taxes$7,186

Parking

  • Covered Spaces 1
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features
    • Common
    • Driveway
    • Off Street
    • Paved
    • Paved Drive
    • Tandem
  • Parking Spaces8

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Basic Information

  • List Price$649,000
  • MLS Number73585698
  • Modification Date10/02/2026
  • Property SubType3 Family - 3 Units Up/Down

Location

  • Address12 Puritan Avenue
  • Building Number12
  • CountyWorcester
  • StateMA
  • StreetPuritan Avenue
  • TownWorcester
  • Zip01604

Building

  • BasementFull, Walk-Out Access, Interior Entry, Sump Pump, Concrete
  • Building Area Units Square Feet
  • FoundationStone
  • Foundation Area 936
  • Garage Spaces1
  • Levels 3
  • Patio And Porch Features Porch, Deck - Wood, Deck - Vinyl, Covered
  • Rooms12
  • Stories3
  • Units3
  • Utilities For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit
  • Year Built1901
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.1
  • Frontage Length 43

Interior

  • Flooring Vinyl, Carpet
  • Interior Features
    • Bathroom With Tub & Shower
    • Ceiling Fan(s)
    • Internet Available - Unknown
    • Kitchen
    • Laundry Room
    • Living Room
    • Pantry
    • Remodeled
    • Storage

Exterior

  • Exterior Features Balcony/Deck, Balcony
  • RoofShingle

Utilities

  • Electric Circuit Breakers, Individually Metered
  • Electric Expense 900
  • Heat SystemYes
  • Heating Steam, Natural Gas, Unit Control, Electric
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,266
  • Lot Size Square Feet 4,500
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,266

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • Laundromat
    • Medical Facility
    • Park
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer
  • Other AmenitiesBasement

Other

  • Date Listed10/01/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Patti Fitzgerald of Coldwell Banker Realty

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