This multi- family has been owned by same family since being built in 1890, family bought directly from the builder, and has been a family home since, loved and cared for. The home is an attractive opportunity for investors or Owner occupy to generate rental income. The first floor is Owner occupied and there are 2nd floor tenants but will be leaving Nov 10th., 3rd floor is vacant - Owners choice not to rent. The property has a newer roof - approximately 3 years old, vinyl sided and vinyl windows, all separately metered and circuit breakers with common area panel as well, and 3 gas hot water tanks for each apartment. Property is centrally located and convenient to many shops, public transportation, and highways. Great area for commuting. Home has been well cared for, but needs cosmetic updates. Bring your vision to see what improvements suit your needs. Great investment - Lot is huge - just under 1/4 acre so maybe could be room for additional building. Owner has never explored this as they loved having the large yard for entertaining, cookouts, and gardens back in the day, etc... - 2 sheds also stay with the property.
This home has been viewed 3 times
Last Checked: September 24th, 2026 at 5:03am (Source: MLS PIN #73576179)
Gross Income: $16,800
Gross Expenses: $8,204
Net Income Calc: $8,596
Annual Expenses for 7 Maxwell St, Worcester MA 01607
Total Gross Expenses (Calculated)$8,204/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8204.38
Annual Income & Unit Breakdown for 7 Maxwell St, Worcester MA 01607
Total Gross Income (Calculated)$16,800
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 7 Maxwell St, Worcester MA 01607
Listing ID73576179
Property TypeMulti Family / 3 Family
Price699000 ($219.4/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3186
Approximate Lot Size (Acres)0.23
Total Parking4
Garage Parking0
Year Built1890
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 SpaceCovered
ZoningRG-5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 7 Maxwell St, Worcester MA 01607
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher
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 7 Maxwell St, Worcester MA 01607
Real Estate Taxes8204.38
Tax Year2026
Assessed Value$617,800
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 7 Maxwell St, Worcester MA 01607
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 7 Maxwell St, Worcester MA 01607