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Team Reis

teamreis@reishomesearch.com +1(508) 509-9648

$ 589,000

Est. payment -/mo

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Price Dropped by $10K

29 Cambridge St Worcester, MA 01603

9 Beds

3 Baths

2,746 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,746 sqft

Price per Sqft $214

MLS Listing ID 73503777

Bedrooms 9

Full Baths 3

Year Built 1900

Annual Tax Amount $7,264

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type 3 Family

Property Description

ATTENTION INVESTORS! Fully occupied 3-family offering immediate rental income with value-add potential. Each unit features 6 rooms, 3 bedrooms, hardwood floors, and replacement windows. Lead certificates in place for all units. Major updates include newer roof, oil tanks (2025), and hot water tanks. A new furnace will be installed prior to closing. Current rents are below market due to long-term tenants-at-will, presenting an opportunity to increase cash flow over time. Property needs cosmetic updates and is ideal for investors seeking to build equity and maximize returns. Conveniently located near highways, public transportation, shopping, restaurants, and colleges. Strong rental demand area with excellent long-term investment potential. SELLER CREDIT AVAILABLE. Don't miss this opportunity to add a solid income-producing asset to your portfolio.

Location

State MA

County Worcester

Zoning RG-5

Direction Use GPS - Main St to Cambridge St

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Heating Oil

Flooring Hardwood

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Fence Fenced/Enclosed, Fenced

Community Features Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks

Utilities Available for Electric Dryer, Washer Hookup

Roof Type Shingle

Garage No

Building

Lot Description Gentle Sloping

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Property Investors & Advisors, LLC

Team Reis

Broker | License ID: 9063229 and 9578866

+1(508) 509-9648

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Team Reis

29 Cambridge St Worcester, MA 01603

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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29 Cambridge St