Great investment opportunity for both owner-occupants and investors! Located in the heart of Worcester between Shrewsbury Street and Belmont Street, this fully occupied three-family property is just minutes from UMass Memorial Medical Center, making it an ideal addition to any investment portfolio.The property features three spacious units, each offering 5 rooms, 3 bedrooms, 1 full bathroom, in-unit laundry. Each apartment is equipped with its own gas-fired forced hot water heating system and separate gas hot water.Recent improvements include a new electrical panel installed in 2022, a new hot water heater in 2025, and a common area electrical meter. Additional features include two off-street parking spaces and a fenced backyard. Conveniently located near shopping, restaurants, major highways, and public transportation, this well-maintained multi-family property offers strong rental appeal in a highly desirable location.
This home has been viewed 2 times
Last Checked: July 21st, 2026 at 7:58pm (Source: MLS PIN #73552669)
Gross Income: $72,600
Gross Expenses: $7,351
Net Income Calc: $65,249
Annual Expenses for 42 Adams St, Worcester MA 01604
Total Gross Expenses (Calculated)$7,351/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7351
Annual Income & Unit Breakdown for 42 Adams St, Worcester MA 01604
Total Gross Income (Calculated)$72,600
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 Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 42 Adams St, Worcester MA 01604
Listing ID73552669
Property TypeMulti Family / 3 Family
Price770000 ($226.94/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3393
Approximate Lot Size (Acres)0.1
Total Parking3
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
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 Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 42 Adams St, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsStacked Washer And Dryer In Unit 2 Belong To Tenants.
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 42 Adams St, Worcester MA 01604
Real Estate Taxes7351
Tax Year2025
Assessed Value$557,300
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 42 Adams St, Worcester MA 01604
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 42 Adams St, Worcester MA 01604