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156 Pilgrim Ave, Worcester MA 01604

$549,000

Estimated $1,306/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $274,500

Total Rent: 16800/year

Estimated CAP Rate:

4 Bedrooms

Baths

1844

Total Parking: 6

5,005 (0.11)

Don't miss this exceptional investment or owner-occupied opportunity located in Worcester's Grafton Hill area. Each unit offers 2 bedrooms, 1 bath, and separate laundry, providing comfortable living and strong rental appeal. New hot water heater in 2024, and second floor had renovations in 2020 and 2026. Rental income has been under-utilized, but presents a lucrative opportunity. Additional highlights include off-street parking and is conveniently located near public transportation and all major commuter routes. Just minutes from UMASS Medical Campus, downtown Worcester, Polar Park, Lake Park, and all other city amenities. Second floor delivered vacant.

This home has been viewed 4 times

Last Checked: June 18th, 2026 at 9:53am (Source: MLS PIN #73537606)

Gross Income: $16,800

Gross Expenses: $4,987

Net Income Calc: $11,813

Water Views

Annual Expenses for 156 Pilgrim Ave, Worcester MA 01604

Total Gross Expenses (Calculated)$4,987/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4987

Annual Income & Unit Breakdown for 156 Pilgrim Ave, Worcester MA 01604

Total Gross Income (Calculated)$16,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 156 Pilgrim Ave, Worcester MA 01604

Listing ID73537606

Property TypeMulti Family

Price549000 ($297.72/SqFt)

StyleMulti Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total1844

Approximate Lot Size (Acres)0.11

Total Parking6

Garage Parking0

Year Built1960

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Area840

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 156 Pilgrim Ave, Worcester MA 01604

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

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 156 Pilgrim Ave, Worcester MA 01604

Real Estate Taxes4987

Tax Year2025

Assessed Value$378,100

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 156 Pilgrim Ave, Worcester MA 01604

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 156 Pilgrim Ave, Worcester MA 01604

Agent

Name: Briana Buffone

Office

Name: ERA Key Realty Services- Auburn

Phone: 508-832-5831

Payment Calculator

, Interest

Property Taxes 415.58

Principal & Interest 3382.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ERA Key Realty Services- Auburn

Briana Buffone

Agent Phone

Office Phone

(508) 832-5831

Text Agent Call Agent Call Office

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    [unparsed] => 156 Pilgrim Ave, Worcester MA 01604
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EXIT

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