$1,150,000
1038 Main Street
Worcester, MA, 01603
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.
Property Details
Price:
$1,150,000
MLS #:
73489300
Status:
Active
Beds:
12
Baths:
6
Type:
Multi Family
Subtype:
4 Family – Rooming House
Listed Date:
Mar 19, 2026
Finished Sq Ft:
5,802
Total Sq Ft:
5,802
Lot Size:
3,813 sqft / 0.09 acres (approx)
Year Built:
1920
Units:
6
Schools
Interior
Above Grade Finished Area
5802
Bathrooms
6 Full Bathrooms
Flooring
Hardwood
Levels
5
Exterior
Community Features
Public Transportation, Park, House of Worship, Public School, University
Construction Materials
Frame
Lot Features
Corner Lot
Open Parking Spaces
2
Parking Features
Off Street
Parking Spots
2
Parking Total
2
Roof
Rubber
Stories
5
Financial
Tax Year
2026
Taxes
$14,839
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Worcester as of May 04, 2026
128
Multi Family Listed
98
Avg DOM
229
Avg $ / SqFt
$1,048,697
Avg List Price
Community
- Address1038 Main Street Worcester MA
- CityWorcester
- CountyWorcester
- Zip Code01603
Subdivisions in Worcester
- Burncoat
- Community features: Public Transportation, Shopping, Pool, Medical Facility, Highway Access, House o
- Grafton/Hamilton Street Lake Park
- Hamilton of Lake Ave.
- Hammond Heights
- Lake Park
- Malden Woods
- Prime West Side- Salisbury Street Area
- Quiet Cul-de-sac off Mill Street on top of the hill with spectacular views of the city horizon.
- Rice Square
- Salisbury Street
- Tatnuck
- West Side
- West Side/Tatnuck
Similar Listings Nearby
Property Summary
- 1038 Main Street Worcester MA is a Multi Family for sale in Worcester, MA, 01603. It is listed for $1,150,000 To schedule a showing of MLS#73489300 at 1038 Main Street in Worcester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Longwood Residential, LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
1038 Main Street
Worcester, MA