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Barbara Wales

barbara.wales@engelvoelkers.com +1(617) 610-6000

$ 699,900

Est. payment -/mo

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Open Sat 11AM-12:30PM

62 May St Worcester, MA 01610

10 Beds

3 Baths

3,765 SqFt

Open House

Sat Apr 18, 11:00am - 12:30pm

Sun Apr 19, 11:00am - 12:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,765 sqft

Price per Sqft $185

MLS Listing ID 73501533

Bedrooms 10

Full Baths 3

Year Built 1890

Annual Tax Amount $8,605

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 3 Family

Property Description

Exceptional 3-family investment opportunity in a prime Worcester location. Ideal for both investors and owner-occupants, this property presents an opportunity for steady cash flow and long-term value. The fully renovated third-floor unit, complete with a brand-new heating system, adds immediate value and reduces future capital expenses, making this a smart long-term hold. The remaining units provide steady rental income, and each unit features washer and dryer hookups. With a pro forma cap rate exceeding 7%, this is a solid income-producing asset with upside. Conveniently located near major highways, shopping, dining, and local amenities, this property is a standout addition to any portfolio.

Location

State MA

County Worcester

Zoning RG-5

Direction Main St to May St

Rooms

Basement Full, Interior Entry, Dirt Floor, Unfinished

Interior

Interior Features Lead Certification Available, Remodeled, Living Room, Kitchen, Dining Room

Heating Forced Air, Natural Gas

Flooring Vinyl, Hardwood

Appliance Range, Refrigerator

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Balcony/Deck, Balcony

Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Utilities Available for Gas Range, for Electric Range

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Lyv Realty

NEARBY SCHOOLS & PROPERTIES

Barbara Wales

Global Real Estate Advisor | License ID: 9505950

+1(617) 610-6000

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