6 Milton St Worcester, MA 01605
Indian Lake East NeighborhoodEstimated payment $15,042/month
About This Home
Prime Investment Opportunity – 12 de-leaded residential units a in Worcester’s desirable Poet Hill neighborhood. Just 0.2 miles from Trolley Yard, minutes to downtown, and under 10 minutes to 8 colleges and 4 major hospitals. Features strong in-place income ($18,250/month), with upside potential and rent growth($24,992/month proforma). With a 9% Proforma CAP Rate. Efficient management and turnkey appeal for both local and out-of-town investors. Ideal location in one of Worcester’s hottest rental markets.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,456
Year Built
- Built in 1905
Lot Details
- 10,672 Sq Ft Lot
- Irregular Lot
Home Design
- Shingle Roof
Interior Spaces
- 8,228 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 28 Bedrooms
- 12 Full Bathrooms
Location
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:09 B:026 L:00003,1771250
Community Details
Overview
- 12 Units
Building Details
- Operating Expense $71,612
- Net Operating Income $146,788
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | For Sale | $2,500,000 | +161.8% | $304 / Sq Ft |
| 08/15/2018 08/15/18 | Sold | $955,000 | -3.0% | $115 / Sq Ft |
| 05/24/2018 05/24/18 | Pending | -- | -- | -- |
| 05/15/2018 05/15/18 | For Sale | $985,000 | -- | $119 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73430702
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