Solid 3-family opportunity in Worcester, ideal for investors or owner occupants seeking a value-add property with strong potential. This building offers an excellent chance to build equity through updates and improvements over time. Unit 1 is vacant and has been recently updated, providing a great head start. Unit 2 will be delivered vacant and is ready for your renovations or market-rate rental plans. Unit 3 is tenant at will with rents well below market, creating clear income-growth potential. Additional features include separate utilities, a newly installed heating system in Unit 3, and ample off-street parking, a valuable convenience in the city. With significant long-term potential, this property is a great opportunity to customize, improve, and capitalize on Worcester’s strong rental market. Conveniently located near restaurants, hospitals, universities, shopping, and public transportation, it also offers easy access to I 290, I 190, the Mass Pike (I 90), Route 9, and Route 146.
This home has been viewed 47 times
Last Checked: January 6th, 2026 at 5:29am (Source: MLS PIN #73460134)
Gross Income: $9,600
Gross Expenses: $5,155
Net Income Calc: $4,445
Annual Expenses for 230 Pleasant, Worcester MA 01609
Total Gross Expenses (Calculated)$5,155/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5155
Annual Income & Unit Breakdown for 230 Pleasant, Worcester MA 01609
Total Gross Income (Calculated)$9,600
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 230 Pleasant, Worcester MA 01609
Listing ID73460134
Property TypeMulti Family / 3 Family
Price650000 ($218.41/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total2976
Approximate Lot Size (Acres)0.16
Total Parking9
Garage Parking0
Year Built1870
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningBG-3
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 230 Pleasant, Worcester MA 01609
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher & Dryer
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 230 Pleasant, Worcester MA 01609
Real Estate Taxes5155
Tax Year2025
Assessed Value$390,900
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 230 Pleasant, Worcester MA 01609
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 230 Pleasant, Worcester MA 01609