Rare, mixed-use opportunity in one of Worcester's most desirable neighborhoods. Currently a massive single family being used as a multi with attached carriage house. The oversized 0.41-acre lot, zoned RS-7, featuring a large single-family home offering approximately 5,500 SF of living space, 10+ bedrooms, and 2/3-car garage with a connected apartment above. Ideal for an owner-occupant looking to offset their mortgage with rental income, or an investor seeking immediate cash flow. The generous lot size presents excellent upside potential for an additional building, ADU or something larger. Located in the sought-after Highland St corridor and within easy reach of downtown Worcester, a short walk to WPI and moments to major routes and all Worcester has to offer. The property combines character, flexibility, and long-term upside in a location that continues to see strong demand. Ideal for investors seeking quality student housing, a value-add asset or someone requiring a work-live location. Also listed under MLS #73552434 & #73552454.
This home has been viewed 3 times
Last Checked: August 5th, 2026 at 9:13am (Source: MLS PIN #73558954)
Gross Income: $0
Gross Expenses: $7,936
Net Income Calc: $7,936
Water Views
Annual Expenses for 328 Highland St, Worcester MA 01608
Total Gross Expenses (Calculated)$7,936/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7936.42
Annual Income & Unit Breakdown for 328 Highland St, Worcester MA 01608
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms8
Bathrooms4 Full
Floor1
Levels in Unit3
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 328 Highland St, Worcester MA 01608
Listing ID73558954
Property TypeMulti Family
Price1149900 ($214.09/SqFt)
StyleMulti Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total5371
Approximate Lot Size (Acres)0.41
Total Parking16 (2 Garage)
Garage Parking2
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRS-7
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 328 Highland St, Worcester MA 01608
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsLiving Room Shelves
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 328 Highland St, Worcester MA 01608
Real Estate Taxes7936.42
Tax Year2025
Assessed Value$601,700
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 328 Highland St, Worcester MA 01608
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 328 Highland St, Worcester MA 01608