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Active

12 Puritan Ave, Worcester MA 01604

$644,000

Estimated $1,643/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $214,666.67

Total Rent: 60000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2266

Total Parking: 9 (1 Garage)

4,500 (0.10)

Excellent Investment Opportunity! Well-maintained, low-maintenance 3-family property offering strong cash flow potential and long-term investment Value. Rents are substantially below market! Current tenants would like to remain, providing immediate rental income from day one. Comparable 2-bedroom units in the area rent for around $2,000 per month, creating excellent income growth potential. The exterior features durable vinyl siding, a large paved driveway with off-street parking for 7+ vehicles, and a garage ideal for owner storage. Each unit enjoys its own private porch space. All three apartments feature 2 bedrooms, spacious eat-in kitchens with pantry areas, large living rooms, and updated bathrooms. Units 1 and 2 include in-unit washer and dryers, while Unit 3 has access to laundry in the basement. Mechanical updates include a gas furnace approximately 6 years old and newer electric baseboard heating in Unit 3. Low operating expenses with tenants paying their own electricity. Unit 3 also pays its own electric heat, while the landlord provides heat and hot water for Units 1 and 2. Conveniently located in Worcester's desirable Grafton Hill neighborhood, just minutes from major employers, hospitals, shopping, downtown Worcester, and several colleges and universities including Clark University, UMass Chan Medical School, and WPI. Easy access to highways, public transportation, Union Station, and commuter routes makes this a highly attractive rental location. Whether you're expanding your portfolio or looking for a solid owner-occupant investment, this turnkey multifamily offers strong rental demand, stable tenancy, and excellent income potential. ~~ DON'T MISS THIS OPPORTUITY!~~

This home has been viewed 19 times

Last Checked: October 20th, 2026 at 5:28am (Source: MLS PIN #73585698)

Gross Income: $60,000

Gross Expenses: $22,546

Net Income Calc: $37,454

Water Views

Annual Expenses for 12 Puritan Ave, Worcester MA 01604

Total Gross Expenses (Calculated)$22,546/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7186

Annual Income & Unit Breakdown for 12 Puritan Ave, Worcester MA 01604

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 12 Puritan Ave, Worcester MA 01604

Listing ID73585698

Property TypeMulti Family / 3 Family

Price644000 ($284.2/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2266

Approximate Lot Size (Acres)0.1

Total Parking9 (1 Garage)

Garage Parking1

Year Built1901

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Area936

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 12 Puritan Ave, Worcester MA 01604

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

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 12 Puritan Ave, Worcester MA 01604

Real Estate Taxes7186

Tax Year2026

Assessed Value$541,100

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 12 Puritan Ave, Worcester MA 01604

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 12 Puritan Ave, Worcester MA 01604

Agent

Name: Patti Fitzgerald

Office

Name: Coldwell Banker Realty

Phone: 781-205-6240

Payment Calculator

, Interest

Property Taxes 598.83

Principal & Interest 3968.12

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty

Patti Fitzgerald

Agent Phone

Office Phone

(781) 205-6240

Text Agent Call Agent Call Office

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    [unparsed] => 12 Puritan Ave, Worcester MA 01604
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EXIT

23 More Photos

Active

12 Puritan Ave, Worcester MA 01604

$644,000

Annual Expenses for 12 Puritan Ave, Worcester MA 01604

Annual Income & Unit Breakdown for 12 Puritan Ave, Worcester MA 01604

General Information for 12 Puritan Ave, Worcester MA 01604

Disclosures for 12 Puritan Ave, Worcester MA 01604

Financial Information for 12 Puritan Ave, Worcester MA 01604

Location Information for 12 Puritan Ave, Worcester MA 01604

Contact Information for 12 Puritan Ave, Worcester MA 01604

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty

Patti Fitzgerald