An excellent opportunity to own a well-maintained three-unit multifamily property with strong income potential and long-term upside. This spacious three-story property offers a total of 9 bedrooms and 3 full bathrooms, with each unit featuring 3 bedrooms and 1 full bath. Each unit is individually metered, adding convenience and efficiency for both owners and tenants. The property includes ample off-street parking, a potential garden area, and a full unfinished basement offering additional storage possibilities an attractive option for an owner-occupant or an investor seeking immediate rental potential. Conveniently situated near a variety of local amenities, public transportation, shopping, parks, schools, medical facilities, highway access, and other neighborhood conveniences, this value-add property offers excellent versatility and upside. Sewer fees and garage fees are included in the current rental income.
This home has been viewed 12 times
Last Checked: June 24th, 2026 at 6:18pm (Source: MLS PIN #73540402)
Gross Income: $63,600
Gross Expenses: $6,848
Net Income Calc: $56,752
Water Views
Annual Expenses for 122 Piedmont St, Worcester MA 01609
Total Gross Expenses (Calculated)$6,848/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6848
Annual Income & Unit Breakdown for 122 Piedmont St, Worcester MA 01609
Total Gross Income (Calculated)$63,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit3
Rent IncludesHeat
General Information for 122 Piedmont St, Worcester MA 01609
Listing ID73540402
Property TypeMulti Family / 3 Family
Price715000 ($206.89/SqFt)
Style3 Family
CityWorcester
CountyWorcester
MLS AreaWPI
Neighborhood(s)
Approximate Living Area Total3456
Approximate Lot Size (Acres)0.13
Total Parking11 (1 Garage)
Garage Parking1
Year Built1920
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRG-5
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 122 Piedmont St, Worcester MA 01609
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 122 Piedmont St, Worcester MA 01609
Real Estate Taxes6848
Tax Year2025
Assessed Value$519,200
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 122 Piedmont St, Worcester MA 01609
Elementary SchoolPer Board Of Ed
Middle SchoolPer Board Of Ed
High SchoolPer Board Of Ed
Neighborhood(s)
MLS AreaWPI
Area AmenitiesWalk/jog Trails
Contact Information for 122 Piedmont St, Worcester MA 01609