106 Mill St, Worcester, MA 01603
Local realty services provided by:CENTURY 21 Tassinari & Associates, Inc
106 Mill St,Worcester, MA 01603
$740,000
- 9 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: carlena desmond
Office: lamacchia realty, inc.
MLS#:73551599
Source:MLSPIN
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Price summary
- Price:$740,000
About this home
Huge Price Adjustment!! Exceptional Worcester investment opportunity offering strong existing income and future value-add potential! Generating approximately **$108,000 in annual gross income, including income from the detached garage**, this substantial multifamily offers more than **3,600 sq. ft. of living area**, 5 baths and a flexible layout providing multiple income-producing spaces. The detached two-car garage is currently rented for **$500 per month**, contributing to the property's overall income. Converted from oil to **natural gas**, the property also offers an impressive **9 off-street parking spaces**—a valuable feature for a multifamily investment. Situated on an oversized **15,026± sq. ft. lot bordering two streets**, the property may offer intriguing possibilities for future expansion, subdivision or other value-add opportunities, subject to buyer due diligence and all required municipal approvals. Additional features include a full basement with workshop and storage space, two enclosed three-season porches offering additional usable space, hardwood flooring in portions of the property, and a generously sized backyard. Located in Worcester's **Webster Square area**, the property is conveniently situated **near Coes Pond and its recreational amenities**, while also providing easy access to shopping, restaurants, parks, public transportation and major commuter routes. With strong current income, abundant parking, a substantial lot and opportunities to further enhance the property over time, this is an outstanding opportunity for an investor looking to add an income-producing Worcester multifamily to their portfolio. **Invest now, generate income today, and explore the possibilities for tomorrow!** Unit 4 to be delivered vacant....
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Home facts
- Year built:1920
- Listing ID #:73551599
- Updated:October 29, 2026 at 07:35 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:18
- Flooring:Laminate, Vinyl, Wood
- Basement Description:Full, Interior Entry, Unfinished
Structure and exterior
- Roof:Shingle
- Year built:1920
- Lot Features:Level
- Construction Materials:Frame
- Exterior Features:Enclosed, Porch
- Foundation Description:Concrete Perimeter, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$740,000
- Tax amount:$8,419 (2025)
Parking
- Total parking spaces:9
- Parking description:Off Street, Paved Drive
- Garage:Yes
- Garage spaces:2
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