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56 Olga Ave, Worcester MA 01605

$698,500

Estimated $1,900/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $232,833.33

Total Rent: 56856/year

Estimated CAP Rate:

9 Bedrooms

Baths

4002

Total Parking: 4

4,773 (0.11)

This well-maintained 3-family multifamily property with a 5 year newer roof is in a convenient Worcester location. Each unit features 3 bedrooms and 1 full bath, spacious eat-in kitchens, separate living areas, generous storage, and private porches. Washer/dryer hookups on each floor (machines tenant-owned) with rear hall storage areas.The property is fully occupied with long-term, responsible tenants and offers below-market rents, providing excellent upside potential. Exterior highlights include vinyl siding, a private fenced backyard shared by all units, tandem off-street parking for up to four cars, plus ample on-street parking. Ideally located near restaurants, shopping, UMass Memorial and St. Vincent Hospitals, with easy access to I-290 and Route 9 (Belmont St.). Turn-key investment with strong cash flow potential and owner-occupant opportunity. First floor Lease ends October 2026. Others are TAW.

This home has been viewed 97 times

Last Checked: January 31st, 2026 at 5:29am (Source: MLS PIN #73462408)

Gross Income: $56,856

Gross Expenses: $9,213

Net Income Calc: $47,643

Annual Expenses for 56 Olga Ave, Worcester MA 01605

Total Gross Expenses (Calculated)$9,213/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9213

Annual Income & Unit Breakdown for 56 Olga Ave, Worcester MA 01605

Total Gross Income (Calculated)$56,856

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 56 Olga Ave, Worcester MA 01605

Listing ID73462408

Property TypeMulti Family / 3 Family

Price698500 ($174.54/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4002

Approximate Lot Size (Acres)0.11

Total Parking4

Garage Parking0

Year Built1913

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRG-5

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 56 Olga Ave, Worcester MA 01605

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher & Dryer

Financial Data SourceEstimated

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 56 Olga Ave, Worcester MA 01605

Real Estate Taxes9213

Tax Year2025

Assessed Value$698,500

Financial Data SourceEstimated

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 56 Olga Ave, Worcester MA 01605

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 56 Olga Ave, Worcester MA 01605

Agent

Name: Nasser Muzaaya

Office

Name: eXp Realty

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 767.75

Principal & Interest 4303.93

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Nasser Muzaaya

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [unparsed] => 56 Olga Ave, Worcester MA 01605
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EXIT

21 More Photos

Withdrawn

56 Olga Ave, Worcester MA 01605

$698,500

Annual Expenses for 56 Olga Ave, Worcester MA 01605

Annual Income & Unit Breakdown for 56 Olga Ave, Worcester MA 01605

General Information for 56 Olga Ave, Worcester MA 01605

Disclosures for 56 Olga Ave, Worcester MA 01605

Financial Information for 56 Olga Ave, Worcester MA 01605

Location Information for 56 Olga Ave, Worcester MA 01605

Contact Information for 56 Olga Ave, Worcester MA 01605

Agent

Office

Payment Calculator

Exclusive Listing Agent

eXp Realty

Nasser Muzaaya