Some homes have a backyard. This one has a lake.Tucked into a peaceful, private cove on the shores of Lake Quinsigamond, this extraordinary waterfront property offers a lifestyle few homes can match. Featuring two independent four-season residences, it presents a rare opportunity for luxurious multi-generational living, a private guest house, or income-producing potential—all in one unforgettable setting. The main residence has been thoughtfully updated for modern living, offering a beautifully updated kitchen with quartz countertops, inviting living and dining spaces, a home office, an updated full bath, and a versatile bedroom/sunroom with a walk-in closet on the main level. Upstairs, two additional bedrooms provide comfortable accommodations for family and guests. Just steps from the water, the separate lakeside guest house is a destination of its own. Soaring vaulted ceilings, exposed wood beams, and walls of windows frame breathtaking lake views while filling the living space with natural light. A bright living and dining area, galley kitchen, and half bath occupy the upper level, while the lower level features a spacious bedroom, full bath, and laundry hookups. Extensively updated throughout, the property includes renovated kitchens with quartz countertops, updated plumbing and electrical, a new oil tank, recently paved driveway, designer lighting, and tasteful finishes that create a move-in-ready experience. Outside is where this property truly comes to life. Enjoy your morning coffee overlooking the water, spend afternoons kayaking or canoeing directly from your shoreline, entertain on the lakeside patio, or simply relax and watch the changing seasons reflect across the lake. Every day feels like a getaway, yet you're only minutes from Route 9, Route 20, UMass Memorial Medical Center, shopping, dining, and everyday conveniences. Whether you're searching for a distinctive primary residence, a weekend waterfront escape, or a property with exceptional flexibility, opportunities to own two independent homes on the shores of Lake Quinsigamond are exceptionally rare. Come experience lakefront living at its finest.
This home has been viewed 7 times
Last Checked: August 1st, 2026 at 6:48pm (Source: MLS PIN #73557817)
Gross Income: $0
Gross Expenses: $9,120
Net Income Calc: $9,120
Waterfront
Water Views
Annual Expenses for 435 Lake Ave, Worcester MA 01604
Total Gross Expenses (Calculated)$9,120/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9120
Annual Income & Unit Breakdown for 435 Lake Ave, Worcester MA 01604
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
Rent Includes
General Information for 435 Lake Ave, Worcester MA 01604
Listing ID73557817
Property TypeMulti Family
Price694000 ($380.48/SqFt)
StyleMulti Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total1824
Approximate Lot Size (Acres)0.17
Total Parking7 (1 Garage)
Garage Parking1
Year Built1918
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 Space
ZoningRL-7
Water ViewsYes
Water Views FeaturesBay
Waterfront1
Waterfront FeaturesRiver
Terms
Disclosures for 435 Lake Ave, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRing Security System
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 435 Lake Ave, Worcester MA 01604
Real Estate Taxes9120
Tax Year2025
Assessed Value$691,468
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 435 Lake Ave, Worcester MA 01604
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 435 Lake Ave, Worcester MA 01604