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For sale
  • Price cut: $20K (8/13)
    $819,900

    106 Mill St, Worcester, MA 01603

    9beds
    3,632sqft
    : 
    $5,376/mo
    Get pre-qualified
    4 Family
    Built in 1920
    -- sqft lot
    $806,000 Zestimate®
    $226/sqft
    $-- HOA

    What's special

    Detached two-car garageGenerously sized backyard
    Exceptional Worcester investment opportunity offering strong existing income and future value-add potential! Generating approximately **$108,000 in annual gross income, including income from the detached garage**, this substantial multifamily offers more than **3,600 sq. ft. of living area**, 5 baths and a flexible layout providing multiple income-producing spaces. The detached two-car garage is currently rented for **$500 per month**, contributing to the property's overall income. Converted from oil to **natural gas**, the property also offers an impressive **9 off-street parking spaces**—a valuable feature for a multifamily investment. Situated on an oversized **15,026± sq. ft. lot bordering two streets**, the property may offer intriguing possibilities for future expansion, subdivision or other value-add opportunities, subject to buyer due diligence and all required municipal approvals. Additional features include a full basement with workshop and storage space, two enclosed three-season porches offering additional usable space, hardwood flooring in portions of the property, and a generously sized backyard. Located in Worcester's **Webster Square area**, the property is conveniently situated **near Coes Pond and its recreational amenities**, while also providing easy access to shopping, restaurants, parks, public transportation and major commuter routes. With strong current income, abundant parking, a substantial lot and opportunities to further enhance the property over time, this is an outstanding opportunity for an investor looking to add an income-producing Worcester multifamily to their portfolio. **Invest now, generate income today, and explore the possibilities for tomorrow!**
    34 days
    |
    508
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carlena Desmond 508-685-0223,

    Lamacchia Realty, Inc. 508-425-7372

    Source: MLS PIN,MLS#: 73551599

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 5
      • Full bathrooms: 5
      Features
      • Flooring: Wood, Vinyl, Laminate
      • Basement: Full,Interior Entry,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,632
      • Total interior livable area: 3,632 sqft
      • Finished area above ground: 3,632
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 9
      • Parking features: Paved Drive, Off Street
      • Garage spaces: 2
      • Uncovered spaces: 7
      Features
      • Patio & porch: Porch, Enclosed
      Lot
      • Size: 0.34 Acres
      • Features: Level, Other
      Details
      • Parcel number: M:08 B:021 L:05+7A,1770018
      • Zoning: RL-7

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 4 Family
      Materials
      • Frame
      • Foundation: Concrete Perimeter, Stone
      • Roof: Shingle
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat
      Location
      • Region: Worcester

      Financial & listing details

      • Price per square foot: $226/sqft
      • Tax assessed value: $638,300
      • Annual tax amount: $8,419
      • Date on market: 7/17/2026
      • Total actual rent: 8500

        Estimated market value

        $806,000

        $766,000 - $846,000

        $2,469/mo

        Price history

        DateEventPrice
        8/13/2026Price change$819,900-2.4%$226/sqft
        Source: MLS PIN #73551599 Report a problem
        7/17/2026Listed for sale$839,900+23.5%$231/sqft
        Source: MLS PIN #73551599 Report a problem
        4/4/2024Sold$680,000-1.3%$187/sqft
        Source: MLS PIN #73174330 Report a problem
        12/20/2023Contingent$689,000$190/sqft
        Source: MLS PIN #73174330 Report a problem
        11/22/2023Price change$689,000-1.4%$190/sqft
        Source: MLS PIN #73174330 Report a problem
        11/14/2023Price change$699,000-6.7%$192/sqft
        Source: MLS PIN #73174330 Report a problem
        10/31/2023Price change$749,000-6.3%$206/sqft
        Source: MLS PIN #73174330 Report a problem
        10/26/2023Listed for sale$799,000+342.7%$220/sqft
        Source: MLS PIN #73174330 Report a problem
        11/16/2019Listing removed--
        Source: Auction.com Report a problem
        10/27/2019Price change$180,467$50/sqft
        Source: Auction.com Report a problem
        10/24/2019Listed for sale--
        Source: Auction.com Report a problem

        Public tax history

        Tax history is unavailable.
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 01603

        Getting around

        80 / 100
        Very Walkable
        37 / 100
        Some Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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