Exceptional turnkey investment opportunity! This completely remodeled 3-family property features 3 spacious units, each offering 3 bed, granite countertops, modern finishes, in-unit laundry, and central air conditioning/forced-air heating. The 1st and 3rd-floor units each feature 1.5 baths. Major updates include new insulation, electrical, plumbing, HVAC systems, and furnace, replacement vinyl windows, and vinyl siding, completed in 2018. The property is designed for low-maintenance ownership with public water and sewer, separate electric and natural gas for each unit, helping minimize owner expenses. Additional features include private balconies, basement storage, and two assigned parking spaces per unit located at the rear of the building. The property boasts a strong rental history and is currently fully occupied, generating immediate income. Conveniently located near major highways, UMASS, and downtown, this income-producing asset offers excellent long-term investment opportunity.
This home has been viewed 6 times
Last Checked: June 19th, 2026 at 10:38am (Source: MLS PIN #73537685)
Gross Income: $80,400
Gross Expenses: $17,100
Net Income Calc: $63,300
Water Views
Annual Expenses for 86 Houghton St, Worcester MA 01604
Total Gross Expenses (Calculated)$17,100/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10208
Annual Income & Unit Breakdown for 86 Houghton St, Worcester MA 01604
Total Gross Income (Calculated)$80,400
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms3 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
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 86 Houghton St, Worcester MA 01604
Listing ID73537685
Property TypeMulti Family / 3 Family
Price875000 ($241.85/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
MLS AreaUnion Hill
Neighborhood(s)
Approximate Living Area Total3618
Approximate Lot Size (Acres)0.11
Total Parking6
Garage Parking0
Year Built1925
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRG-5
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 86 Houghton St, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher
Financial Data SourceEstimated
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 86 Houghton St, Worcester MA 01604
Real Estate Taxes10208
Tax Year2025
Assessed Value$773,900
Financial Data SourceEstimated
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 86 Houghton St, Worcester MA 01604
Elementary SchoolUnion Hill School
Middle SchoolWorcester East Middle School
High SchoolNorth High School
Neighborhood(s)
MLS AreaUnion Hill
Area AmenitiesWalk/jog Trails
Contact Information for 86 Houghton St, Worcester MA 01604