This well-maintained 3-family multifamily property with a 5 year newer roof is in a convenient Worcester location. Each unit features 3 bedrooms and 1 full bath, spacious eat-in kitchens, separate living areas, generous storage, and private porches. Washer/dryer hookups on each floor (machines tenant-owned) with rear hall storage areas.The property is fully occupied with long-term, responsible tenants and offers below-market rents, providing excellent upside potential. Exterior highlights include vinyl siding, a private fenced backyard shared by all units, tandem off-street parking for up to four cars, plus ample on-street parking. Ideally located near restaurants, shopping, UMass Memorial and St. Vincent Hospitals, with easy access to I-290 and Route 9 (Belmont St.). Turn-key investment with strong cash flow potential and owner-occupant opportunity. First floor Lease ends October 2026. Others are TAW.
- Heating System:
- Steam, Electric, Natural Gas
- Cooling System:
- Window Unit(s)
- Basement:
- Full, Unfinished
- Parking:
- Tandem, Off Street
- Exterior Unit Features:
- Balcony
- Flooring:
- Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- 2026 Taxes have not yet been assessed. This is a DUPLEX style Townhome to be built. Photos are of Model Home & Condos in previous phase. Kitchen appliances are included. Washer & Dryer are not included, First floor 2-BR Left unit vacant - Last rented for $1500. Laundry drains to a dry well. See Addendum A to List Agreement attached to listing. See Income and Expense figures attached to listing.
- Garage Parking
- Interior Features:
- Kitchen, Bathroom With Tub & Shower, Ceiling Fan(s), Living Room
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water)
- Market Time:
- 24
- Parking Spaces:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $175
- Zoning:
- RG-5
- No Units:
- 3
- Orig Price:
- $735,900
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Worcester
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01605
- Longitude:
- W72° 12' 58.6''
- Latitude:
- N42° 16' 28.4''
Residential Income
56 Olga Ave, Worcester, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $698,500
- Bedrooms :
- 9
- Rooms :
- 18
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 4,002 Sqft
- Year Built :
- 1913
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73462408
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com