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58 Gage St, Worcester MA 01605

$550,000

Estimated $1,330/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $275,000

Total Rent: 10800/year

Estimated CAP Rate:

6 Bedrooms

Baths

2088

Total Parking: 3

4,337 (0.10)

For the first time ever, this well-maintained two-family home is being offered for sale! Owned and cared for by the same family since it was built more than a century ago, this is a truly rare opportunity to own a piece of Worcester history in an incredible location. Pride of ownership is evident throughout this property, which has been lovingly maintained by generations of the same family.Both spacious units offer 3 bedrooms and 1 full bathroom, providing plenty of room and flexibility for today’s buyers. Whether you’re looking to owner-occupy while generating rental income, accommodate extended family, or add a well-located multifamily property to your investment portfolio, this home offers endless potential. Convenient off-street parking for up to 3 vehicles is another major bonus in this desirable city location.Sitting high above Shrewsbury Street, the property offers elevated views and a unique setting while still putting you right in the middle of everything Worcester has to offer. You’re less than a quarter mile from some of the city’s best restaurants, shops, entertainment, and the vibrant Shrewsbury Street corridor. Enjoy the convenience of having so much just minutes from your front door while coming home to a property that has stood the test of time. Properties with this combination of history, location, space, and income potential don’t come along often. Live in one unit and let the other help offset your mortgage, create a multigenerational living setup, or take advantage of the strong investment potential this location provides. After more than 100 years with the same family, this special property is ready for its next chapter!

This home has been viewed 9 times

Last Checked: September 15th, 2026 at 7:53am (Source: MLS PIN #73568096)

Gross Income: $10,800

Gross Expenses: $5,264

Net Income Calc: $5,536

Water Views

Annual Expenses for 58 Gage St, Worcester MA 01605

Total Gross Expenses (Calculated)$5,264/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5264

Annual Income & Unit Breakdown for 58 Gage St, Worcester MA 01605

Total Gross Income (Calculated)$10,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 58 Gage St, Worcester MA 01605

Listing ID73568096

Property TypeMulti Family

Price550000 ($263.41/SqFt)

StyleMulti Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2088

Approximate Lot Size (Acres)0.1

Total Parking3

Garage Parking0

Year Built1920

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 SpaceCovered

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 58 Gage St, Worcester MA 01605

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRequest Details

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 58 Gage St, Worcester MA 01605

Real Estate Taxes5264

Tax Year2025

Assessed Value$399,100

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 58 Gage St, Worcester MA 01605

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 58 Gage St, Worcester MA 01605

Agent

Name: Michael Martin

Office

Name: Real Broker MA, LLC

Phone: 855-450-0442

Payment Calculator

, Interest

Property Taxes 438.67

Principal & Interest 3388.93

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Real Broker MA, LLC

Michael Martin

Agent Phone

Office Phone

(855) 450-0442

Text Agent Call Agent Call Office

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EXIT

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