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Canceled

28 Gediminas St, Worcester MA 01607

$749,000

Estimated $1,931/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $249,666.67

Total Rent: 79800/year

Estimated CAP Rate:

9 Bedrooms

Baths

3678

Total Parking: 10 (2 Garage)

9,500 (0.22)

CASH FLOW & OWNER OCCUPANT OPPORTUNITY! This solid, well maintained three family with several upgrades offers immediate income and long term upside. Two units are currently rented at $2,200 and $2,050 per month, and one unit will be delivered vacant with projected rent of approximately $2,400, bringing potential gross rental income to approximately $6,650/month or $79,800/year when fully occupied.For an owner occupant, move into the vacant unit while collecting $4,250/month from the other two units. The projected rental profile offers strong potential to satisfy FHA three family self sufficiency requirements, subject to the FHA appraisal, lender underwriting, interest rate, taxes, and insurance.Each spacious unit currently offers 3 bedrooms, 1 full bathroom, an eat in kitchen, living and dining areas, plus an additional flexible room with potential for conversion into a 4th bedroom, subject to City approval and code compliance.Situated on a large lot on a very quiet dead end street, the property also features a full walk out basement, laundry hookups, storage, ample off street parking, and a detached two car garage with potential for a future ADU, subject to zoning, permitting, building and fire codes, and all municipal approvals.Convenient access to I-290, the Mass Pike, shopping, and local amenities. A strong and versatile property for investors seeking income or buyers looking to build wealth through owner occupancy.

This home has been viewed 5 times

Last Checked: September 17th, 2026 at 4:29am (Source: MLS PIN #73566908)

Gross Income: $79,800

Gross Expenses: $8,603

Net Income Calc: $71,197

Annual Expenses for 28 Gediminas St, Worcester MA 01607

Total Gross Expenses (Calculated)$8,603/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8603

Annual Income & Unit Breakdown for 28 Gediminas St, Worcester MA 01607

Total Gross Income (Calculated)$79,800

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

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 28 Gediminas St, Worcester MA 01607

Listing ID73566908

Property TypeMulti Family / 3 Family

Price749000 ($203.64/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3678

Approximate Lot Size (Acres)0.22

Total Parking10 (2 Garage)

Garage Parking2

Year Built1915

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 Space

ZoningRG-5

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 28 Gediminas St, Worcester MA 01607

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator In Basement And Table In The Kitchen.

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 28 Gediminas St, Worcester MA 01607

Real Estate Taxes8603

Tax Year2025

Assessed Value$652,226

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 28 Gediminas St, Worcester MA 01607

Neighborhood(s)

Area Amenities

Contact Information for 28 Gediminas St, Worcester MA 01607

Agent

Name: Lia Carminati

Office

Name: Be Live in Realty

Phone: 617-460-9893

Team Members

Payment Calculator

, Interest

Property Taxes 716.92

Principal & Interest 4615.1

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Be Live in Realty

Lia Carminati

Agent Phone

Office Phone

(617) 460-9893

Text Agent Call Agent Call Office

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    [unparsed] => 28 Gediminas St, Worcester MA 01607
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EXIT

39 More Photos

Canceled

28 Gediminas St, Worcester MA 01607

$749,000

Annual Expenses for 28 Gediminas St, Worcester MA 01607

Annual Income & Unit Breakdown for 28 Gediminas St, Worcester MA 01607

General Information for 28 Gediminas St, Worcester MA 01607

Disclosures for 28 Gediminas St, Worcester MA 01607

Financial Information for 28 Gediminas St, Worcester MA 01607

Location Information for 28 Gediminas St, Worcester MA 01607

Contact Information for 28 Gediminas St, Worcester MA 01607

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Be Live in Realty

Lia Carminati