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57-59 Cutler Street, Worcester MA 01604

$1,525,000

Estimated $3,400/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $305,000

Total Rent: 123000/year

Estimated CAP Rate:

18 Bedrooms

Baths

5730

Total Parking: 0

6,953 (0.16)

Turnkey Investment Opportunity – Two Multi-Family Properties on ONE Lot!Fully renovated and income-producing, this rare opportunity minimizes future setbacks with major updates already completed.57 Cutler Street features three spacious 4-bedroom units with new heating systems, new central air, hardwood floors, laundry hookups, and private porches.59 Cutler Street offers a renovated two-family with a 2-bedroom unit and a 4-bedroom unit, also updated with new heating systems and quality finishes throughout.Most units are rented, providing immediate cash flow. Prime location just minutes from Polar Park and Union Station, near College of the Holy Cross and Worcester Polytechnic Institute, with easy access to I-290, shopping, and dining.Strong cash flow, strong location, strong asset.

This home has been viewed 14 times

Last Checked: May 7th, 2026 at 4:29am (Source: MLS PIN #73481103)

Gross Income: $123,000

Gross Expenses: $28,408

Net Income Calc: $94,592

Water Views

Annual Expenses for 57-59 Cutler Street, Worcester MA 01604

Total Gross Expenses (Calculated)$28,408/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11123

Annual Income & Unit Breakdown for 57-59 Cutler Street, Worcester MA 01604

Total Gross Income (Calculated)$123,000

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms4 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms4

Bathrooms1 Full

Floor0

Levels in Unit0

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 57-59 Cutler Street, Worcester MA 01604

Listing ID73481103

Property TypeMulti Family / 5+ Family

Price1525000 ($266.14/SqFt)

Style5-9 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total5730

Approximate Lot Size (Acres)0.16

Total Parking0

Garage Parking0

Year Built1920

Year Built SourceOwner

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 57-59 Cutler Street, Worcester MA 01604

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.

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 57-59 Cutler Street, Worcester MA 01604

Real Estate Taxes11123

Tax Year2025

Assessed Value$843,300

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 57-59 Cutler Street, Worcester MA 01604

Neighborhood(s)

Area Amenities

Contact Information for 57-59 Cutler Street, Worcester MA 01604

Agent

Name: Solangi Tavarez

Office

Name: Kearns Nardone Realty LLC

Phone: 978-766-2327

Payment Calculator

, Interest

Property Taxes 926.92

Principal & Interest 9396.56

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Kearns Nardone Realty LLC

Solangi Tavarez

Agent Phone

Office Phone

(978) 766-2327

Text Agent Call Agent Call Office

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EXIT

13 More Photos

Withdrawn

57-59 Cutler Street, Worcester MA 01604

$1,525,000

Annual Expenses for 57-59 Cutler Street, Worcester MA 01604

Annual Income & Unit Breakdown for 57-59 Cutler Street, Worcester MA 01604

General Information for 57-59 Cutler Street, Worcester MA 01604

Disclosures for 57-59 Cutler Street, Worcester MA 01604

Financial Information for 57-59 Cutler Street, Worcester MA 01604

Location Information for 57-59 Cutler Street, Worcester MA 01604

Contact Information for 57-59 Cutler Street, Worcester MA 01604

Agent

Office

Payment Calculator

Exclusive Listing Agent

Kearns Nardone Realty LLC

Solangi Tavarez