215 Millbury St, Worcester, MA

About 215 Millbury St

Exceptional 3-family opportunity in the heart of Worcester near Kelley Sqare and within walking distance of Polar Park! Ideal for investors or owner-occupants, this well-positioned property offers three spacious 3-bedroom, 1-bath units with soaring ceilings and generous room sizes. Updated kitchens and baths, along with updated flooring throughout the units; carpeting remains in the third-floor bedrooms. Units 1 & 2 are tenants-at-will, providing existing rental income; Unit 3 is owner-occupied., which offers flexibility for future owner occupancy or additional rental income. Tenants pay their own heat, hot water, gas and electric, helping limit owner-paid utility expenses. Third-party Rentometer data indicates a median rent of approximately $2,200/month for comparable 3BR/1BA rentals within a 2-mile radius, highlighting potential rental upside. Additional features include 6+ paved off-street parking spaces, updated pavement, and storage areas in the back of each unit. Convenient to restaurants, shopping, public transportation, schools, medical facilities, downtown Worcester and major routes. Zoning is Business General (BG-3), providing another long-term potential (buyers and buyer agents to independently verify). A compelling opportunity to acquire a Worcester 3-family with existing income, separate meters, rental upside and long-term investment potential. Showings at first OH on 9/12 & 9/13, 11:30 AM–1:30 PM. Offers due 9/15 at 5 PM.

Listing Map