Active
106 Mill St
Worcester, MA 01603
Residential Income · Active · MLS #73551599
Listing Courtesy of Lamacchia Realty, Inc. | Carlena Desmond
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MLS PIN data
About this home
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!**
Property information
Details at a glance
Interior
- Rooms
- 18
- Flooring
- Wood, Vinyl, Laminate
Building
- Style
- 4 Family
- Year built
- 1920
- Garage
- 2
- Parking
- 9
- Foundation
- Concrete Perimeter, Stone
- Roof
- Shingle
Land & utilities
- Lot size
- 0.34 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RL-7
Financial
- Annual taxes
- $8,419
- Assessment year
- 2025
Listing history
Price and status timeline
No additional public listing history was supplied for this property.
Property value estimate
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Comparable sales
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Recent comparable sales are not available for this property.
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Local market context
How this home compares in Worcester
Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.
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About 106 Mill St
Can I schedule a private showing?
Yes. Request a tour of 106 Mill St and a Bean Group agent will help coordinate an available time with the listing side.
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