49 South Street, Worcester, MA 01604
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$739,900
3 Unit
9 Beds
3 Baths
4218 SQFT
0.14 Acre

Property Description

Welcome to 49 South St, a beautifully updated three-family property offering space, comfort & strong investment potential—all within walking distance to Worcester Academy. This impressive building features 4,218 sq ft of living area, with each unit thoughtfully designed to include 3 bedrooms, 1 full bath, a living room, dining room, kitchen, pantry, and in-unit laundry hookups.The current owners invested $50,000 in recent renovations, including new fireproof entry doors, upgraded insulation in the entry hall, select new flooring, and fresh exterior paint, enhancing both safety and curb appeal. Major systems are in solid condition, with boiler and some water heaters approximately 3–6 years old and a roof estimated at 15–20 years.Enjoy the convenience of 4 off-street parking spaces and strong rental income potential. Unit 1 rents at $2,100 (lease through August 2026), with Units 2 and 3 are vacant & projected at $2,100 each. An excellent opportunity for owner-occupants or savvy investor.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping
  • Basement Features: Dirt Floor
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Pantry, Security System, Storage
  • Common Appliances: Range, Refrigerator, Washer & Dryer Hookup
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Projected
  • Gross Operating Income: 75600
  • Net Operating Income: 75600

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: for Gas Range
  • 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
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1925
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73472509
  • Last Updated: 02/05/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
02/01/2026Active$739,900$175MLSPIN
01/28/2026New$739,900$175MLSPIN

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Seller's Representative: Thu Nguyen, Coldwell Banker Realty - Worcester
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 2026-02-05 08:25:00

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