For sale

Price cut: $50K (5/14)

$1,100,000

1038 Main St, Worcester, MA 01603

12beds

5,802sqft

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4 Family - Rooming House

Built in 1920

-- sqft lot

$-- Zestimate^®

$190/sqft

$-- HOA

What's special

Newer vinyl replacement windowsNewer vinyl sidingNewer rubber roofRecently refinished hardwood floorsUpdated hardwareFresh paint

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.

97 days

270

18

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 6
Full bathrooms: 6

Features

Flooring: Hardwood
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 5,802
Total interior livable area: 5,802 sqft
Finished area above ground: 5,802

Property

Parking

Total spaces: 2
Parking features: Off Street
Uncovered spaces: 2

Lot

Size: 3,813 Square Feet
Features: Corner Lot

Details

Parcel number: 1769972
Zoning: BG-2

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family - Rooming House

Materials

Frame
Foundation: Stone
Roof: Rubber

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Park, House of Worship, Public School, University

Location

Region: Worcester

Financial & listing details

Price per square foot: $190/sqft
Tax assessed value: $1,125,000
Annual tax amount: $14,838
Date on market: 3/19/2026
Total actual rent: 10800

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/14/2026	Price change	$1,100,000-4.3%$190/sqft
Source: MLS PIN #73489300 Report a problem
3/19/2026	Listed for sale	$1,150,000$198/sqft
Source: MLS PIN #73489300 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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