106 Mill St Worcester, MA 01603
Webster Square NeighborhoodEstimated payment $5,314/month
Highlights
- Medical Services
- Wood Flooring
- Park
- Property is near public transit
- Enclosed Patio or Porch
- Shops
About This Home
Exceptional investment opportunity in Worcester! This income-producing multifamily offers 10 bedrooms, 5 baths, and over 3,648 sq. ft. with a flexible layout designed to maximize rental income. The detached garage generates an additional $500/month in rental income, providing immediate added cash flow. The property has been converted from oil to natural gas for improved efficiency. Situated on a lot bordering two streets, there may be subdivision potential (buyer to perform their own due diligence). Additional features include ample off-street parking, a spacious basement with workshop, two three-season porches offering additional usable space, and a oversized backyard. Conveniently located near schools, parks, shopping, restaurants, public transportation, and major routes, this property offers an outstanding opportunity for investors seeking strong current income with future value-add potential.
Open House Schedule
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Wednesday, August 5, 20265:00 to 6:00 pm8/5/2026 5:00:00 PM +00:008/5/2026 6:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,419
Year Built
- Built in 1920
Lot Details
- 15,026 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
- Driveway
- 7 Open Parking Spaces
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,632 Sq Ft Home
- Property has 1 Level
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Additional Features
- Enclosed Patio or Porch
- Property is near public transit
Listing and Financial Details
- Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 3(heat electric gas water hot water)
- Assessor Parcel Number M:08 B:021 L:05+7A,1770018
Community Details
Overview
- 4 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,419 | $638,300 | $89,300 | $549,000 |
| 2024 | $7,893 | $574,000 | $89,300 | $484,700 |
| 2023 | $7,648 | $533,300 | $48,600 | $484,700 |
| 2022 | $6,784 | $446,000 | $38,900 | $407,100 |
| 2021 | $6,182 | $379,700 | $31,100 | $348,600 |
| 2020 | $4,607 | $271,000 | $28,800 | $242,200 |
| 2019 | $4,682 | $260,100 | $26,900 | $233,200 |
| 2018 | $4,451 | $235,400 | $26,900 | $208,500 |
| 2017 | $4,203 | $218,700 | $26,900 | $191,800 |
| 2016 | $4,421 | $214,500 | $39,600 | $174,900 |
| 2015 | $4,305 | $214,500 | $39,600 | $174,900 |
| 2014 | $4,191 | $214,500 | $39,600 | $174,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/17/2026 07/17/26 | For Sale | $839,900 | +23.5% | $231 / Sq Ft | |
| 04/04/2024 04/04/24 | Sold | $680,000 | -1.3% | $187 / Sq Ft | View Prior Sale |
| 12/19/2023 12/19/23 | For Sale | $689,000 | +1.3% | $190 / Sq Ft | |
| 12/18/2023 12/18/23 | Off Market | $680,000 | -- | -- | |
| 12/17/2023 12/17/23 | Pending | -- | -- | -- | |
| 12/16/2023 12/16/23 | For Sale | $689,000 | +1.3% | $190 / Sq Ft | |
| 12/14/2023 12/14/23 | Off Market | $680,000 | -- | -- | |
| 11/22/2023 11/22/23 | Price Changed | $689,000 | -1.4% | $190 / Sq Ft | |
| 11/14/2023 11/14/23 | Price Changed | $699,000 | -6.7% | $192 / Sq Ft | |
| 10/31/2023 10/31/23 | Price Changed | $749,000 | -6.3% | $206 / Sq Ft | |
| 10/26/2023 10/26/23 | For Sale | $799,000 | -- | $220 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $680,000 | None Available | |
| Quit Claim Deed | $308,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $622,710 | FHA | |
| Previous Owner | $558,000 | Purchase Money Mortgage | |
| Previous Owner | $197,000 | Commercial | |
| Closed | $150,000 | Commercial | |
| Closed | $50,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73551599
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