This house has gorgeous hardwood throughout - you have to see all the mahogany to believe it. Three story off Burncoat Street near Burncoat schools. Current income $5500 month for 3 large apartments - no tiny rooms here! Two beds plus double parlors (or third bedroom) with front and back porches - 1400 sq/ft per apartment - these rooms are huge! Gorgeous hardwood doors are original! Lovingly cared for by same household for 50 years. Vinyl siding and replacement windows already complete. Full size driveway with parking for 5 cars. Large trex deck overlooking good size private fenced in backyard - rare in Worcester. All electric and plumbing updated in past 3 years. First floor has granite kitchen counters and new bath. This house has the bones to be stunning!
This home has been viewed 21 times
Last Checked: December 6th, 2025 at 8:23am (Source: MLS PIN #73454770)
Gross Income: $67,800
Gross Expenses: $8,000
Net Income Calc: $59,800
CAP Rate: 7.04%
Annual Expenses for 34 King Philip Rd, Worcester MA 01606
Total Gross Expenses (Calculated)$8,000/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,000
Annual Income & Unit Breakdown for 34 King Philip Rd, Worcester MA 01606
Total Gross Income (Calculated)$67,800
Unit 1
Rental Income$1,950
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water)
Unit 2
Rental Income$1,850
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water)
Unit 3
Rental Income$1,850
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water)
General Information for 34 King Philip Rd, Worcester MA 01606
Listing ID73454770
Property TypeMulti Family / 3 Family
Price$849,000 ($197.35/SqFt)
Style3 Family
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total4,302 SqFt
Approximate Lot Size (Acres)0.2 acres
Total Parking5
Garage Parking
Year Built1888
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area1400
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor SpaceDeck - Vinyl, Porch
Zoning01
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 34 King Philip Rd, Worcester MA 01606
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure2 beds with double closets. Also double parlors wh
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$67,800
Total Net Income By Broker$67,800
For Sale By OwnerEntry Only
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 34 King Philip Rd, Worcester MA 01606
Real Estate Taxes$8,000
Tax Year2024
Assessed Value$712,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$67,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$67,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.04%
Location Information for 34 King Philip Rd, Worcester MA 01606
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 34 King Philip Rd, Worcester MA 01606