Discover a unique opportunity at 122 Dorchester St in the heart of Worcester. This expansive 4101 square foot multi-family property, built in 1915, was completely renovated - Roof, Siding,Windows,Heating Systems, Plumbing, Electrical, Cosmetics & Deleaded. Long term tenants, solid rental w virtually no vacancy history. Three large units each configured as 4 bedrooms- 12 bedrooms total. The oversized original sitting rooms were converted into additional bedrooms, creating a highly functional 4 bdrm layout. Each of the three units has its own washer/dryer hookups; designed for convenience and functionality. The property also includes a two-car garage, offering secure parking and additional income potential. Residents will appreciate access to a community playground, adding an extra dimension to neighborhood living. This property represents an unparalleled turn-key investor opportunity to maximize profit ,achieve your business goals & grow your portfolio in this vibrant Worcester market!
This home has been viewed 27 times
Last Checked: July 21st, 2026 at 5:03am (Source: MLS PIN #73551299)
Gross Income: $80,400
Gross Expenses: $9,954
Net Income Calc: $70,446
Water Views
Annual Expenses for 122 Dorchester St, Worcester MA 01604
Total Gross Expenses (Calculated)$9,954/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9954.27
Annual Income & Unit Breakdown for 122 Dorchester St, Worcester MA 01604
Total Gross Income (Calculated)$80,400
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 122 Dorchester St, Worcester MA 01604
Listing ID73551299
Property TypeMulti Family / 3 Family
Price850000 ($207.27/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4101
Approximate Lot Size (Acres)0.13
Total Parking10 (2 Garage)
Garage Parking2
Year Built1915
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
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 122 Dorchester St, Worcester MA 01604
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsThe 2-Year-Old
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 Dorchester St, Worcester MA 01604
Real Estate Taxes9954.27
Tax Year2026
Assessed Value$745,000
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 Dorchester St, Worcester MA 01604
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 122 Dorchester St, Worcester MA 01604