Fantastic investment or owner-occupied opportunity in a convenient Clinton location! This versatile 4-unit property offers a unique setup with three spacious units in the main building plus a completely separate two-story cottage—ideal for an owner occupant who wants the privacy of a single-family-style home while generating rental income from three additional units. The property features remodeled units, generous room sizes, coin-operated laundry, private yard space, plenty of on-street parking, tenants pay their own utilities, natural gas heat and three new hot water heaters. Low owner expenses and below market rents with room for improvement add to the investment appeal. Centrally located with convenient access to Routes 2, 190, 290 and 495, making this an excellent location for commuters. Just seconds from downtown Clinton with easy access to local restaurants, shops, everyday conveniences and area amenities. Unit 1 offers an open-concept floor plan with two bedrooms plus an office. Units 2 and 3 each feature two bedrooms, a living room and spacious eat-in kitchen. The separate cottage offers the feel and privacy of its own home, featuring an eat-in kitchen, living room and full bath on the main level, with two generously sized bedrooms upstairs and a full basement for additional storage. A great opportunity to add a solid multi-family property to your investment portfolio or live on-site while rental income from the additional units helps offset your housing expenses. Four units, a separate cottage, updated interiors, town water/sewer and a commuter-friendly location make this one worth a closer look!
This home has been viewed 35 times
Last Checked: September 29th, 2026 at 7:43am (Source: MLS PIN #73582002)
Gross Income: $76,500
Gross Expenses: $15,181
Net Income Calc: $61,319
Water Views
Annual Expenses for 147- 1/2 Oak St, Clinton MA 01510
Total Gross Expenses (Calculated)$15,181/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7763
Annual Income & Unit Breakdown for 147- 1/2 Oak St, Clinton MA 01510
Total Gross Income (Calculated)$76,500
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent IncludesHeat
General Information for 147- 1/2 Oak St, Clinton MA 01510
Listing ID73582002
Property TypeMulti Family / 4 Family
Price850000 ($210.81/SqFt)
Style4 Family
CityClinton
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4032
Approximate Lot Size (Acres)0.12
Total Parking0
Garage Parking0
Year Built1902
Year Built SourcePublic Records
Year Built DetailsRenovated Since,Unknown/Mixed
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR1
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 147- 1/2 Oak St, Clinton MA 01510
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsWall Mounted Tv's-Brackets To Remain
Financial Data SourceEstimated
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 147- 1/2 Oak St, Clinton MA 01510
Real Estate Taxes7763
Tax Year2026
Assessed Value$598,100
Financial Data SourceEstimated
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 147- 1/2 Oak St, Clinton MA 01510
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 147- 1/2 Oak St, Clinton MA 01510
Agent
Name: Trish Marchetti
Office
Name: Berkshire Hathaway HomeServices Commonwealth Real Estate