Turnkey, gut-renovated 8-unit multifamily producing approximately $20,300/month / $243,600/year. All units are 3-bedroom layouts, including two newly completed 3BR/2BA units, for a total of 24 bedrooms. Major updates include new plumbing, new electrical, a new sprinkler system, separate utilities, full insulation, renovated kitchens/baths, in-unit washer/dryer in each unit, and new appliances. Strong stabilized asset and perfect opportunity for a 1031 exchange buyer seeking current cash flow, scale, and modernised systems. Convenient Worcester location near highways, shopping, public transportation, and amenities.
This home has been viewed 13 times
Last Checked: June 24th, 2026 at 6:48pm (Source: MLS PIN #73517217)
Gross Income: $0
Gross Expenses: $15,196
Net Income Calc: $15,196
Annual Expenses for 605 Millbury St, Worcester MA 01604
Total Gross Expenses (Calculated)$15,196/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15196
Annual Income & Unit Breakdown for 605 Millbury St, Worcester MA 01604
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor0
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor0
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 605 Millbury St, Worcester MA 01604
Listing ID73517217
Property TypeMulti Family / 5+ Family
Price2300000 ($223.13/SqFt)
Style5-9 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total10308
Approximate Lot Size (Acres)0.14
Total Parking7
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
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 SourcePublic Records
ExclusionsBasement Fridge
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 Taxes15196
Tax Year2025
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