Worcester Coliving/ Multi-Family Investment Opportunity: The Thomas Brown House is a magnificent residence with exceptional scale and flexibility, offering 5,500+ sq ft, 17 rooms, 8+ bedrooms, 4 full baths, two kitchens, two laundry rooms, 5 fireplaces, a detached two-car garage, and seven off-street parking spaces. Old world charm meets modern updates. Currently used as a single-family residence and recorded as a two family, this property has already supported coliving-style use. Well suited for an operator or investor seeking a high-capacity residential asset with strong repositioning potential, it offers serious upside for buyers looking at shared housing, furnished rentals, or other residential income-generating opportunities. This is a rare chance to acquire a large-format Worcester property in a highly desirable West Side location with meaningful returns for various income-oriented housing approaches in accordance with RL-7 zoning. This property offers significant scale, flexibility, and optionality for investors evaluating coliving, furnished housing, or other operator-led residential strategies with multiple paths to value creation. For the right buyer, the great size and layout create a strong platform for repositioning in a supply-constrained submarket.
This home has been viewed 9 times
Last Checked: October 31st, 2026 at 8:33am (Source: MLS PIN #73493545)
Gross Income: $0
Gross Expenses: $10,283
Net Income Calc: $10,283
Water Views
Annual Expenses for 23 Germain St, Worcester MA 01602
Total Gross Expenses (Calculated)$10,283/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10283
Annual Income & Unit Breakdown for 23 Germain St, Worcester MA 01602
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms5
Bathrooms3 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 23 Germain St, Worcester MA 01602
Listing ID73493545
Property TypeMulti Family / 2 Family
Price998000 ($179.5/SqFt)
Style2 Family - 2 Units Up/down
CityWorcester
CountyWorcester
MLS AreaWest Side
Neighborhood(s)
Approximate Living Area Total5560
Approximate Lot Size (Acres)0.2
Total Parking9 (2 Garage)
Garage Parking2
Year Built1901
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area1806
Foundation Description
Accessible Features
Outdoor Space
ZoningRL-7
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 23 Germain St, Worcester MA 01602
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSwing Set
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 23 Germain St, Worcester MA 01602
Real Estate Taxes10283
Tax Year2025
Assessed Value$779,600
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 23 Germain St, Worcester MA 01602
Elementary SchoolMidland Street
Middle SchoolForest Grove
High SchoolDoherty High School
Neighborhood(s)
MLS AreaWest Side
Area AmenitiesWalk/jog Trails
Contact Information for 23 Germain St, Worcester MA 01602