Fully Renovated 4-Unit in Clinton – Owner-Occupancy Opportunity with Pro Forma Upside. 1-3 Oak Street is a 4-unit multifamily in Clinton generating $6,225 per month in current rental income, with pro forma rents of $9,150 once fully leased. Three of the four units are occupied by long-term tenants, and the fourth is vacant as of July 1st, available for owner-occupancy or immediate lease-up. All four units have been renovated, including flooring, fresh paint, new appliances, and more. Updates also include new heating systems, a new exterior deck, and new stairs. Tenants pay their own utilities, helping keep operating expenses low and returns attractive. The work is already done, so a buyer steps into a renovated building with room to grow income, whether that's moving into the vacant unit and letting in-place rents help cover the mortgage, or leasing it up to capture the full pro forma. It's a strong fit for an investor looking to add a turnkey, low-maintenance asset to their portfolio. Open House Saturday 7/25 & Sunday 7/26 11am-1pm.
This home has been viewed 10 times
Last Checked: July 25th, 2026 at 8:13am (Source: MLS PIN #73553963)
Gross Income: $74,700
Gross Expenses: $7,188
Net Income Calc: $67,512
Water Views
Annual Expenses for 1-3 Oak St, Clinton MA 01510
Total Gross Expenses (Calculated)$7,188/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7188
Annual Income & Unit Breakdown for 1-3 Oak St, Clinton MA 01510
Total Gross Income (Calculated)$74,700
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 1-3 Oak St, Clinton MA 01510
Listing ID73553963
Property TypeMulti Family / 4 Family
Price999995 ($263.99/SqFt)
Style4 Family
CityClinton
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3788
Approximate Lot Size (Acres)0.17
Total Parking4
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning1110
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 1-3 Oak St, Clinton MA 01510
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsElectric Fireplace
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 1-3 Oak St, Clinton MA 01510
Real Estate Taxes7188
Tax Year2026
Assessed Value$553,800
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 1-3 Oak St, Clinton MA 01510
Neighborhood(s)
Area Amenities
Contact Information for 1-3 Oak St, Clinton MA 01510