Great opportunity for owner-occupants and investors alike at 37 Coburn Ave in Worcester! This two-family property offers an excellent combination of rental income and flexibility, featuring two separate one-bedroom apartments, each with its own laundry for added convenience. The first-floor unit will be delivered vacant at closing, providing the opportunity for an owner-occupant to move in or for an investor to secure a new tenant. The second-floor apartment is currently occupied by a tenant-at-will paying $1,550 per month, providing immediate rental income from day one. Additional highlights, plenty of off-street parking, a valuable convenience for both occupants. Conveniently located near UMass Chan Medical School, Lake Quinsigamond, shopping, dining, and major commuter routes, this versatile property presents an excellent opportunity for buyers looking to offset their mortgage with rental income or expand their investment portfolio. Don't miss your chance to make this income-producing property your next investment!
This home has been viewed 14 times
Last Checked: October 25th, 2026 at 6:28am (Source: MLS PIN #73590320)
Gross Income: $18,600
Gross Expenses: $4,454
Net Income Calc: $14,146
Annual Expenses for 37 Coburn Ave, Worcester MA 01604
Total Gross Expenses (Calculated)$4,454/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4454
Annual Income & Unit Breakdown for 37 Coburn Ave, Worcester MA 01604
Total Gross Income (Calculated)$18,600
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 37 Coburn Ave, Worcester MA 01604
Listing ID73590320
Property TypeMulti Family
Price399998 ($311.52/SqFt)
StyleMulti Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total1284
Approximate Lot Size (Acres)0.09
Total Parking4
Garage Parking0
Year Built1898
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRL-7
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 37 Coburn Ave, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Tenant Possessions
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 37 Coburn Ave, Worcester MA 01604
Real Estate Taxes4454
Tax Year2026
Assessed Value$335,400
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 37 Coburn Ave, Worcester MA 01604
Neighborhood(s)
Area Amenities
Contact Information for 37 Coburn Ave, Worcester MA 01604