1038 Main Street, Worcester, MA 01603

Local realty services provided by:ERA Cape Real Estate
1038 Main Street,Worcester, MA 01603
$1,150,000
  • 2 Beds
  • 1 Baths
  • 5,802 sq. ft.
  • Multi-family
  • Active
Listed by: michael tinsley
Office: longwood residential, llc
MLS#:73489300
Source:MLSPIN

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$198.21

About this home

Prime investment opportunity! Turnkey 6-unit building just a short walk to Clark University. Property features six spacious, renovated 2-bedroom / 1-bathroom units, delivering reliable cash flow with a solid, long-term tenant base and minimal landlord responsibilities. Fully separate utilities: individual electric meters, separate gas meters, tenant-paid hot water baseboard heat, and tenant-paid hot water heaters in each unit. City trash pickup included at no extra cost. Building updates include newer vinyl siding, newer vinyl replacement windows, and a newer rubber roof. Interiors feature fresh paint, recently refinished hardwood floors, and updated hardware. Two parking spots (tandem) behind property can provide additional rental income. Ideal for investors seeking a hassle-free, income-producing asset in a vibrant area with strong rental demand from students and professionals.

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Home facts

  • Year built:1920
  • Listing ID #:73489300
  • Updated:March 20, 2026 at 03:03 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:24
  • Flooring:Hardwood
  • Basement Description:Unfinished
  • Living area:5,802 sq. ft.

Structure and exterior

  • Roof:Rubber
  • Year built:1920
  • Building area:5,802 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Frame
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$198.21
  • Tax amount:$14,838 (2026)

Parking

  • Total parking spaces:2
  • Parking description:Off Street
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