Well-maintained four-unit multifamily offering a strong combination of income, leasing flexibility, and value-add potential. The property consists of two 2-Bedroom/1-Bathroom units and two 1-Bedroom/1-Bathroom units, all deleaded and featuring spacious, functional layouts with large living rooms and kitchens. Units #2 and #3 will be delivered vacant, offering flexibility for an owner-occupant or investor. Rents shown for these units reflect their most recent rental amounts. Projected market rents of approximately $1,875, $1,850, $1,600, and $1,600 provide strong income potential. Four separate building entrances provide residents with added privacy and convenient access. A large unfinished attic with existing plumbing offers additional value-add potential, including the possibility of expanding Unit 4 from a 1-bedroom to a 3-bedroom unit, subject to required approvals and permitting.The roof is approximately 10 years old, with additional updates including plumbing, heating systems, windows, exterior stairs, and siding. Off-street parking and beautifully landscaped grounds further enhance the property.Conveniently located near Polar Park, Kelley Square, the Canal District, Quinsigamond Village, Route 146, the Mass Pike, shopping, and dining. A compelling Worcester multifamily offering two units to be delivered vacant, recent capital improvements, strong rental potential, and additional upside.
This home has been viewed 11 times
Last Checked: September 20th, 2026 at 8:03am (Source: MLS PIN #73579921)
Gross Income: $81,300
Gross Expenses: $6,100
Net Income Calc: $75,200
Annual Expenses for 34 Dorchester St, Worcester MA 01610
Total Gross Expenses (Calculated)$6,100/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6100
Annual Income & Unit Breakdown for 34 Dorchester St, Worcester MA 01610
Total Gross Income (Calculated)$81,300
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 34 Dorchester St, Worcester MA 01610
Listing ID73579921
Property TypeMulti Family / 4 Family
Price750000 ($225.23/SqFt)
Style4 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3330
Approximate Lot Size (Acres)0.09
Total Parking3
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningBL-1.0
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 34 Dorchester St, Worcester MA 01610
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSee Broker
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 34 Dorchester St, Worcester MA 01610
Real Estate Taxes6100
Tax Year2025
Assessed Value$462,500
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 34 Dorchester St, Worcester MA 01610
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 34 Dorchester St, Worcester MA 01610