Strong Income-Producing 3-Family with Owner-Occupant Potential! Don't miss this excellent opportunity to own a well-maintained three-family property in Worcester. Featuring three spacious 3-bedroom apartments, this property offers immediate rental income with reliable tenants and leases in place through April 2027. Investors will appreciate the established rental history, separate utilities, and additional $150/month in coin-operated laundry income. Looking to owner-occupy? This property offers the opportunity to live in one unit while generating rental income from the other two. The finished basement features a living area and two bonus rooms, providing additional flexible space and potential to add value. Conveniently located near public transportation, shopping, restaurants, schools, and major highways. Whether you're expanding your investment portfolio or looking to offset your mortgage with rental income, this is an opportunity worth exploring!
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Last Checked: November 4th, 2026 at 10:38am (Source: MLS PIN #73598394)
Gross Income: $69,000
Gross Expenses: $10,367
Net Income Calc: $58,633
Annual Expenses for 212 Vernon St, Worcester MA 01607
Total Gross Expenses (Calculated)$10,367/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10367
Annual Income & Unit Breakdown for 212 Vernon St, Worcester MA 01607
Total Gross Income (Calculated)$69,000
Unit 1
Rental Income$0
LeaseY
Bedrooms3
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
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 212 Vernon St, Worcester MA 01607
Listing ID73598394
Property TypeMulti Family / 3 Family
Price749000 ($185.03/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4048
Approximate Lot Size (Acres)0.14
Total Parking6
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Area1012
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 212 Vernon St, Worcester MA 01607
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
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 212 Vernon St, Worcester MA 01607
Real Estate Taxes10367
Tax Year2025
Assessed Value$786,000
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 212 Vernon St, Worcester MA 01607
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 212 Vernon St, Worcester MA 01607