Excellent investment opportunity at 33 Jefferson St in Worcester! This spacious three-family property offers a combination of immediate rental income and value-add potential, featuring three separate units and four off-street parking spaces. Unit 1 is a vacant four-bedroom apartment, previously rented for $2,100 per month, giving the next owner the opportunity to move in or secure a new tenant. Units 2 and 3 each feature three bedrooms, a living room, and a dining room, and are currently rented for $1,850 and $1,925 per month, respectively, with leases. Both occupied units offer potential for a four-bedroom layout. All three units feature updated central heating, adding to the property's appeal. the property has a private back yard and the roof was replaced around 2020 (by previous owner) Public property records identify the building as a three-family property with approximately 3,975 square feet of living area, a full basement, and classic architectural details, including natural woodwork and built-in features. Conveniently located near public transportation, shopping, restaurants, and other Worcester amenities, this property presents an excellent opportunity for investors seeking established rental income with additional upside potential. Don't miss the chance to add this versatile multifamily property to your portfolio!
This home has been viewed 24 times
Last Checked: October 18th, 2026 at 6:23am (Source: MLS PIN #73590341)
Gross Income: $45,300
Gross Expenses: $7,908
Net Income Calc: $37,392
Annual Expenses for 33 Jefferson St, Worcester MA 01604
Total Gross Expenses (Calculated)$7,908/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7908
Annual Income & Unit Breakdown for 33 Jefferson St, Worcester MA 01604
Total Gross Income (Calculated)$45,300
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 33 Jefferson St, Worcester MA 01604
Listing ID73590341
Property TypeMulti Family / 3 Family
Price749999 ($188.68/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3975
Approximate Lot Size (Acres)0.1
Total Parking4
Garage Parking0
Year Built1890
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
ZoningRG-5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 33 Jefferson St, 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 33 Jefferson St, Worcester MA 01604
Real Estate Taxes7908
Tax Year2026
Assessed Value$595,500
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 33 Jefferson St, Worcester MA 01604
Neighborhood(s)
Area Amenities
Contact Information for 33 Jefferson St, Worcester MA 01604