Exceptional income-producing investment opportunity featuring an approved 12-room lodging house configuration with extensive life-safety and infrastructure upgrades. Currently operated as a 12-room lodging house, the property offers strong income potential, commercial sprinkler protection, addressable fire alarm system with central station monitoring, hardwired smoke and carbon monoxide detection, comprehensive security camera coverage, and coin-operated laundry facilities.Current ownership has invested significantly in the property, including approval for conversion from a three-family to a 12-room lodging house, sprinkler installation, fire alarm upgrades, electrical improvements, plumbing upgrades, deck and porch replacement, and numerous additional capital improvements. The property is configured for efficient operation and has historically generated strong room-rental income.Conveniently located near downtown Worcester, colleges, hospitals, major employers, public transportation, and neighborhood amenities. A unique opportunity for investors seeking a high-income property with substantial capital improvements already completed.Buyer is responsible for conducting all due diligence regarding licensing, approvals, occupancy, and future use. Any permits, licenses, certificates, approvals, or registrations required after transfer of ownership shall be the responsibility of the buyer.
This home has been viewed 13 times
Last Checked: October 4th, 2026 at 4:48pm (Source: MLS PIN #73586316)
Gross Income: $128,700
Gross Expenses: $38,848
Net Income Calc: $89,852
Annual Expenses for 19 Perry Ave, Worcester MA 01610
Total Gross Expenses (Calculated)$38,848/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7348
Annual Income & Unit Breakdown for 19 Perry Ave, Worcester MA 01610
Total Gross Income (Calculated)$128,700
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 19 Perry Ave, Worcester MA 01610
Listing ID73586316
Property TypeMulti Family / 3 Family
Price899900 ($254.64/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3534
Approximate Lot Size (Acres)0.07
Total Parking0
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Area0
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 19 Perry Ave, Worcester MA 01610
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator In Basement And Table In The Kitchen.
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 19 Perry Ave, Worcester MA 01610
Real Estate Taxes7348
Tax Year2026
Assessed Value$553,300
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 19 Perry Ave, Worcester MA 01610
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 19 Perry Ave, Worcester MA 01610