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Active

29 Cambridge St, Worcester MA 01603

$569,000

Estimated $1,528/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $189,666.67

Total Rent: 57000/year

Estimated CAP Rate:

9 Bedrooms

Baths

2746

Total Parking: 0

5,341 (0.12)

ATTENTION INVESTORS! Fully occupied 3-family offering immediate rental income with value-add potential. Each unit features 6 rooms, 3 bedrooms, hardwood floors, and replacement windows. Lead certificates in place for all units. Major updates include newer roof, oil tanks (2025), and hot water tanks. A new furnace will be installed prior to closing. Current rents are below market due to long-term tenants-at-will, presenting an opportunity to increase cash flow over time. Property needs cosmetic updates and is ideal for investors seeking to build equity and maximize returns. Conveniently located near highways, public transportation, shopping, restaurants, and colleges. Strong rental demand area with excellent long-term investment potential. Don't miss this opportunity to add a solid income-producing asset to your portfolio. A new furnace will be installed and has already been scheduled. SELLER CREDIT AVAILABLE.

This home has been viewed 14 times

Last Checked: June 27th, 2026 at 8:43am (Source: MLS PIN #73503777)

Gross Income: $57,000

Gross Expenses: $17,273

Net Income Calc: $39,727

Annual Expenses for 29 Cambridge St, Worcester MA 01603

Total Gross Expenses (Calculated)$17,273/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7264

Annual Income & Unit Breakdown for 29 Cambridge St, Worcester MA 01603

Total Gross Income (Calculated)$57,000

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 29 Cambridge St, Worcester MA 01603

Listing ID73503777

Property TypeMulti Family / 3 Family

Price569000 ($207.21/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2746

Approximate Lot Size (Acres)0.12

Total Parking0

Garage Parking0

Year Built1900

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 Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 29 Cambridge St, Worcester MA 01603

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator And Some Personal Belongings

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 29 Cambridge St, Worcester MA 01603

Real Estate Taxes7264

Tax Year2025

Assessed Value$550,700

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 29 Cambridge St, Worcester MA 01603

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 29 Cambridge St, Worcester MA 01603

Agent

Name: Ana Roque

Office

Name: Property Investors & Advisors, LLC

Phone: 774-413-0272

Payment Calculator

, Interest

Property Taxes 605.33

Principal & Interest 3506

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Property Investors & Advisors, LLC

Ana Roque

Agent Phone

Office Phone

(774) 413-0272

Text Agent Call Agent Call Office

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    [unparsed] => 29 Cambridge St, Worcester MA 01603
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EXIT

33 More Photos

Active

29 Cambridge St, Worcester MA 01603

$569,000

Annual Expenses for 29 Cambridge St, Worcester MA 01603

Annual Income & Unit Breakdown for 29 Cambridge St, Worcester MA 01603

General Information for 29 Cambridge St, Worcester MA 01603

Disclosures for 29 Cambridge St, Worcester MA 01603

Financial Information for 29 Cambridge St, Worcester MA 01603

Location Information for 29 Cambridge St, Worcester MA 01603

Contact Information for 29 Cambridge St, Worcester MA 01603

Agent

Office

Payment Calculator

Exclusive Listing Agent

Property Investors & Advisors, LLC

Ana Roque