106 Mill St Worcester, MA 01603
Webster Square NeighborhoodEstimated payment $5,161/month
Highlights
- Medical Services
- Wood Flooring
- Park
- Property is near public transit
- Enclosed Patio or Porch
- Shops
About This Home
Huge Price Adjustment!! 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!**
Open House Schedule
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Sunday, September 20, 202612:00 to 1:00 pm9/20/2026 12:00:00 PM +00:009/20/2026 1:00:00 PM +00:00Group showing! Send your clients if you are unable to attend.Add 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 |
|---|---|---|---|---|---|
| 09/17/2026 09/17/26 | Price Changed | $789,900 | -3.7% | $217 / Sq Ft | |
| 08/13/2026 08/13/26 | Price Changed | $819,900 | -2.4% | $226 / Sq Ft | |
| 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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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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