Looking for a great investment property? This sprawling multi family home offers three separate units with upward income potential Units are spacious offering potential for 2-3 bedrooms and feature hardwood floors as well as updated kitchens with newer cabinets and tiled floors, and front and back porches. Amazing views of the city from the front porches! Siding, windows, FHA heating systems, electrical service all updated in 2015. Newer water heaters. First floor unit is vacant. Second and third floor units are both TAW. Excellent location with easy access to schools, shopping and all major routes. Within walking distance to Indian Lake public beach, which provides residents with motorized and non-motorized boating, swimming and fishing. Great for investors or live on the first floor and earn income toward your mortgage! A great buy in Worcester!
This home has been viewed 24 times
Last Checked: February 24th, 2026 at 7:05pm (Source: MLS PIN #73479499)
Gross Income: $46,200
Gross Expenses: $15,839
Net Income Calc: $30,361
Water Views
Annual Expenses for 31 Boardman St, Worcester MA 01606
Total Gross Expenses (Calculated)$15,839/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9051
Annual Income & Unit Breakdown for 31 Boardman St, Worcester MA 01606
Total Gross Income (Calculated)$46,200
Unit 1
Rental Income$0
LeaseN
Bedrooms3
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
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 31 Boardman St, Worcester MA 01606
Listing ID73479499
Property TypeMulti Family / 3 Family
Price730000 ($206.45/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
MLS AreaIndian Lake
Neighborhood(s)
Approximate Living Area Total3536
Approximate Lot Size (Acres)0.12
Total Parking0
Garage Parking0
Year Built1920
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
ZoningRG-5
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 31 Boardman St, Worcester MA 01606
Lead Paint
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Furnishings.
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 31 Boardman St, Worcester MA 01606
Real Estate Taxes9051
Tax Year2025
Assessed Value$686,200
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 31 Boardman St, Worcester MA 01606
Neighborhood(s)
MLS AreaIndian Lake
Area AmenitiesWalk/jog Trails
Contact Information for 31 Boardman St, Worcester MA 01606