Open House Sat 5/30 at 11-12:30! This well-maintained 3-family property at 66 Cutler St offers strong cash flow potential with upside in rents, as all units are currently below market value. The property features two spacious 3-bedroom units and one 2-bedroom unit, plus additional income from a detached 2-car garage currently rented for $185/month. Current rents are $1,850/mo for a 3-bed unit and $1,650/mo for the 2-bed unit, providing immediate income with room for future growth. Tenants are well established, making this a turnkey addition to any investor's portfolio. The first-floor unit is vacant and has been recently refreshed with newly finished hardwood floors and fresh paint, creating an attractive owner-occupant opportunity or premium rental option. The first-floor primary bedroom includes its own half bath, a rare feature for this area. Additional highlights include off-street parking for 2 vehicles and income from the detached garage. Great commuter location close to 290!
This home has been viewed 30 times
Last Checked: June 1st, 2026 at 6:03am (Source: MLS PIN #73524864)
Gross Income: $68,220
Gross Expenses: $7,661
Net Income Calc: $60,559
Water Views
Annual Expenses for 66 Cutler St, Worcester MA 01604
Total Gross Expenses (Calculated)$7,661/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7661
Annual Income & Unit Breakdown for 66 Cutler St, Worcester MA 01604
Total Gross Income (Calculated)$68,220
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Rent IncludesHeat
General Information for 66 Cutler St, Worcester MA 01604
Listing ID73524864
Property TypeMulti Family / 3 Family
Price649900 ($208.57/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3116
Approximate Lot Size (Acres)0.08
Total Parking4 (1 Garage)
Garage Parking1
Year Built1890
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 66 Cutler St, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTree House
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 66 Cutler St, Worcester MA 01604
Real Estate Taxes7661
Tax Year2025
Assessed Value$580,800
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 66 Cutler St, Worcester MA 01604
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 66 Cutler St, Worcester MA 01604