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57 E Central St, Worcester MA 01605

$580,000

Estimated $1,587/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $193,333.33

Total Rent: 48600/year

Estimated CAP Rate:

11 Bedrooms

Baths

3951

Total Parking: 0

4,500 (0.10)

Apartments and hallways are freshly painted. All updated kitchens and baths.This is a lovely, convenient area. It is an easy walk to shopping, Shrewsbury Street restaurants, schools and many services. All separate utilities. The 2nd and 3rd units are four bedrooms. Easy conversion for the first floor apartment to be four bedrooms. All are month to month, no leases. Rents are low for market, especially for large four bedroom units. Laundry hook ups all three units. Solid building. Good basement. Low maintenance lot. Good foundation. This is an excellent rental location with beautiful new condos across the street. Owner is willing to negotiate with any serious buyer.

This home has been viewed 22 times

Last Checked: June 29th, 2026 at 5:13am (Source: MLS PIN #73530943)

Gross Income: $48,600

Gross Expenses: $7,753

Net Income Calc: $40,847

Water Views

Annual Expenses for 57 E Central St, Worcester MA 01605

Total Gross Expenses (Calculated)$7,753/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7753

Annual Income & Unit Breakdown for 57 E Central St, Worcester MA 01605

Total Gross Income (Calculated)$48,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 57 E Central St, Worcester MA 01605

Listing ID73530943

Property TypeMulti Family / 3 Family

Price580000 ($146.8/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3951

Approximate Lot Size (Acres)0.1

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 57 E Central St, Worcester MA 01605

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSee Disclosures

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 57 E Central St, Worcester MA 01605

Real Estate Taxes7753

Tax Year2025

Assessed Value$587,800

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 57 E Central St, Worcester MA 01605

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 57 E Central St, Worcester MA 01605

Agent

Name: Michael R. Parent

Office

Name: Parent Real Estate

Phone: 774-239-4017

Team Members

Payment Calculator

, Interest

Property Taxes 646.08

Principal & Interest 3573.78

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Parent Real Estate

Michael R. Parent

Agent Phone

Office Phone

(774) 239-4017

Text Agent Call Agent Call Office

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    [unparsed] => 57 E Central St, Worcester MA 01605
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EXIT

24 More Photos

Pending

57 E Central St, Worcester MA 01605

$580,000

Annual Expenses for 57 E Central St, Worcester MA 01605

Annual Income & Unit Breakdown for 57 E Central St, Worcester MA 01605

General Information for 57 E Central St, Worcester MA 01605

Disclosures for 57 E Central St, Worcester MA 01605

Financial Information for 57 E Central St, Worcester MA 01605

Location Information for 57 E Central St, Worcester MA 01605

Contact Information for 57 E Central St, Worcester MA 01605

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Parent Real Estate

Michael R. Parent