56 Olga Ave, Worcester, MA 01605
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$698,500
3 Unit
9 Beds
3 Baths
4002 SQFT
0.11 Acre

Property Description

This well-maintained 3-family multifamily property with a 5 year newer roof is in a convenient Worcester location. Each unit features 3 bedrooms and 1 full bath, spacious eat-in kitchens, separate living areas, generous storage, and private porches. Washer/dryer hookups on each floor (machines tenant-owned) with rear hall storage areas.The property is fully occupied with long-term, responsible tenants and offers below-market rents, providing excellent upside potential. Exterior highlights include vinyl siding, a private fenced backyard shared by all units, tandem off-street parking for up to four cars, plus ample on-street parking. Ideally located near restaurants, shopping, UMass Memorial and St. Vincent Hospitals, with easy access to I-290 and Route 9 (Belmont St.). Turn-key investment with strong cash flow potential and owner-occupant opportunity. First floor Lease ends October 2026. Others are TAW.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, Park, Public Transportation, Shopping
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Hot Water Radiators, Space Heater, Steam

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 56856
  • Net Operating Income: 56856

Utilities

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

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1913
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73462408
  • Last Updated: 01/09/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
01/09/2026Active$698,500$175MLSPIN
01/05/2026Price Change$698,500$175MLSPIN
12/20/2025Active$735,900$184MLSPIN
12/16/2025New$735,900$184MLSPIN

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Seller's Representative: Nasser Muzaaya, eXp Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-01-09 03:05:00

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