Excellent turnkey investment opportunity! This well-maintained 3-family property features three spacious 3-bedroom apartments with reliable tenants and leases in place through April 2027, providing stable, long-term rental income. The finished basement offers a living area and two additional bonus rooms, adding valuable flexible space. The property also generates an additional $150 per month in coin-operated laundry income, further boosting cash flow. Separate utilities, a strong rental history, and a convenient location close to public transportation, shopping, restaurants, schools, and major highways make this an outstanding addition to any investment portfolio or a great opportunity for a future owner-occupant.
This home has been viewed 2 times
Last Checked: August 5th, 2026 at 6:58pm (Source: MLS PIN #73558983)
Gross Income: $69,000
Gross Expenses: $10,367
Net Income Calc: $58,633
Annual Expenses for 212 Vernon St, Worcester MA 01607
Total Gross Expenses (Calculated)$10,367/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10367
Annual Income & Unit Breakdown for 212 Vernon St, Worcester MA 01607
Total Gross Income (Calculated)$69,000
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 212 Vernon St, Worcester MA 01607
Listing ID73558983
Property TypeMulti Family / 3 Family
Price799000 ($197.38/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4048
Approximate Lot Size (Acres)0.14
Total Parking6
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Area1012
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 212 Vernon St, Worcester MA 01607
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
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 212 Vernon St, Worcester MA 01607
Real Estate Taxes10367
Tax Year2025
Assessed Value$786,000
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 212 Vernon St, Worcester MA 01607
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 212 Vernon St, Worcester MA 01607