1025 Main St, Worcester, MA 01603
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$649,000
3 Unit
6 Beds
3 Baths
4690 SQFT
0.08 Acre

Property Description

This versatile commercial/residential building offers strong cash flow potential. Centrally positioned on Main Street the ground floor features a 1,365 sq. ft. commercial space, ideal for a restaurant or other business, equipped with: Central air conditioning, Grease deposit for culinary ventures. The second and third floors each boast spacious, sun-filled 3-bedroom apartments. Highlights of Unit 3 include: Refinished hardwood floors, Brand-new kitchen appliances, Updated bathroom. All utilities are separately metered for maximum efficiency. This property presents a fantastic chance for first-time homebuyers, especially those utilizing VA or FHA loans. If you're a business owner with a vision for a venture and want to live in one of the units, this could be the perfect fit. Don't miss out on this chance to own a valuable asset in a central location.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Common Heating: Central Heat, Electric, Forced Air, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 16800
  • Net Operating Income: 16800

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73388038
  • Last Updated: 06/18/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/16/2025Active$2,800MLSPIN
06/15/2025Active$649,000$138MLSPIN
06/12/2025Price Change$2,800MLSPIN
06/11/2025New$649,000$138MLSPIN
04/06/2025Active$3,000MLSPIN
04/02/2025Price Change$3,000MLSPIN
03/29/2025Active$3,300MLSPIN
03/25/2025New$3,300MLSPIN
01/27/2025Canceled$2,800MLSPIN
01/21/2025Active$2,800MLSPIN
01/17/2025Back on Market$2,800MLSPIN
01/09/2025Under Agreement$2,800MLSPIN
12/15/2024Active$2,800MLSPIN
12/11/2024Price Change$2,800MLSPIN
10/18/2024Active$3,000MLSPIN
10/14/2024New$3,000MLSPIN
09/26/2024Sold$530,000$113MLSPIN
08/14/2024Under Agreement$525,000$112MLSPIN
08/11/2024Back on Market$525,000$112MLSPIN
04/11/2024Under Agreement$525,000$112MLSPIN
03/11/2024Active$525,000$112MLSPIN
03/07/2024New$525,000$112MLSPIN

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Seller's Representative: Lia Carminati, Be Live in Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-06-18 13:34:00

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