Recently remodeled large 3 family with 3 bedrooms 2 full baths in each unit. Central air and gas heat in all units Check out the location of this large three family home in Worcester. Pilgrim Ave, is, short dead-end section off Grafton Street, just a few blocks from Rice Square! The perfect place for an owner occupant OR investor - Three large units, with gas heat (Steam on the first floor, and gas FWA on the second and third. Recent electric, boiler, siding and replacement windows. Abundant hardwoods (some are covered), and spacious rooms. Location is the key here. Limited group showings.
This home has been viewed 87 times
Last Checked: October 1st, 2025 at 4:55am (Source: MLS PIN #73362633)
Gross Income: $83,568
Gross Expenses: $11,346
Net Income Calc: $72,222
CAP Rate: 7.23%
Annual Expenses for 247 Pilgrim Ave, Worcester MA 01604
Total Gross Expenses (Calculated)$11,346/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$11,346
Annual Income & Unit Breakdown for 247 Pilgrim Ave, Worcester MA 01604
Total Gross Income (Calculated)$83,568
Unit 1
Rental Income$2,300
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,364
LeaseY
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$2,300
LeaseN
Bedrooms3
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 247 Pilgrim Ave, Worcester MA 01604
Listing ID73362633
Property TypeMulti Family / 3 Family
Price$999,000 ($235.67/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total4,239 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking4
Garage Parking
Year Built1929
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionBlock,Brick/Mortar
Accessible Features
Outdoor Space
ZoningRG-5
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 247 Pilgrim Ave, Worcester MA 01604
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$83,532
Total Net Income By Broker$83,532
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 247 Pilgrim Ave, Worcester MA 01604
Real Estate Taxes$11,346
Tax Year2025
Assessed Value$860,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$83,532
BostonRealEstate.com Gross Income
Total Net Income By Broker$83,532
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.23%
Location Information for 247 Pilgrim Ave, Worcester MA 01604
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 247 Pilgrim Ave, Worcester MA 01604