Fully stabilized 8 unit residential asset in Worcester. This meticulous gut renovation delivers a turnkey property with a monthly gross income of $23,000. Features eight 3-bedroom layouts (26 total bedrooms), including two units with 2 full bathrooms. High-end modern finishes throughout: quartz countertops, stainless steel appliances, and shaker cabinetry. Significant capital improvements include all-new electrical, plumbing, high-efficiency HVAC, and a brand-new sprinkler and fire alarm system. Located near the Canal District and transit. Market data indicates potential to increase rents to $2,700+ per unit as-is. Capitalize on historic rental demand with this de-risked investment. Each unit has a W/D with separate utilities for each unit.
This home has been viewed 7 times
Last Checked: April 25th, 2026 at 4:29am (Source: MLS PIN #73497330)
Gross Income: $123,600
Gross Expenses: $15,131
Net Income Calc: $108,469
Annual Expenses for 605 Millbury St, Worcester MA 01604
Total Gross Expenses (Calculated)$15,131/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15131.5
Annual Income & Unit Breakdown for 605 Millbury St, Worcester MA 01604
Total Gross Income (Calculated)$123,600
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 605 Millbury St, Worcester MA 01604
Listing ID73497330
Property TypeMulti Family / 5+ Family
Price2999999 ($284.28/SqFt)
Style5-9 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total10553
Approximate Lot Size (Acres)0.14
Total Parking7
Garage Parking0
Year Built2025
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningBL-1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 605 Millbury St, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsTenants Washer And Dryer In The Basement.
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 605 Millbury St, Worcester MA 01604
Real Estate Taxes15131.5
Tax Year2026
Assessed Value$1,004,000
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 605 Millbury St, Worcester MA 01604
Neighborhood(s)
Area Amenities
Contact Information for 605 Millbury St, Worcester MA 01604