145 Eastern Ave, Worcester, MA 01605
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$695,900
3 Unit
7 Beds
3 Baths
3446 SQFT
0.09 Acre

Property Description

INVESTMENT OPPORTUNITY | OWNER-OCCUPANT POTENTIAL! Discover the value and income potential of 145 Eastern Ave, Worcester. This multi-family property offers an excellent opportunity for investors or owner-occupants looking to build equity and maximize rental income. The property features three floors. The 1st-floor unit is currently vacant but was previously rented for $2,350/month, while the 2nd floor currently rents for $1,750/month and the 3rd floor rents for $1,900/month. The occupied units are currently rented below market, providing potential for increased rental income over time. Current Gross Rental Income: $3,650/month. Previous 1st-Floor Rent: $2,350/month2025 Property Taxes: $7,025The vacant first floor provides flexibility for an owner-occupant to live in the property while collecting rental income from the other two units, or for an investor to lease the unit and increase overall cash flow. Based on the previous first-floor rent, leasing the vacant unit at $2,350/month would bring the gross rental income to approximately $6,000/month, or $72,000 annually, before considering any future rent increases. The property also offers potential for a fourth unit, creating an additional value-add opportunity, subject to buyer due diligence, zoning, permitting, and applicable city requirements. Additional features include off-street parking, basement/utility areas, and a convenient Worcester location. Whether you're looking to house hack, expand your rental portfolio, or take on a value-add multi-family investment, 145 Eastern Ave offers multiple strategies for creating long-term value. Buyers and buyers' agents are encouraged to conduct their own due diligence regarding rents, expenses, zoning, permits, unit count, and potential fourth-unit conversion.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Basement Features: Partially Finished
  • Common Rooms: Mudroom
  • Common Appliances: Microwave, Rangetop - ENERGY STAR, Refrigerator - ENERGY STAR
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 72000

Utilities

  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 3

Construction

  • Year Built: 1878
  • Type: 3 Family
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73481325
  • Last Updated: 09/10/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/10/2026Contingent$695,900$202MLSPIN
06/08/2026Active$695,900$202MLSPIN
06/04/2026Price Change$695,900$202MLSPIN
04/24/2026Active$725,000$210MLSPIN
04/20/2026Price Change$725,000$210MLSPIN
03/06/2026Active$739,900$215MLSPIN
03/02/2026New$739,900$215MLSPIN
02/23/2026Canceled$759,900$221MLSPIN
01/18/2026Active$759,900$221MLSPIN
01/14/2026Back on Market$759,900$221MLSPIN
01/09/2026Temporarily Withdrawn$759,900$221MLSPIN
01/03/2026Active$759,900$221MLSPIN
12/30/2025Price Change$759,900$221MLSPIN
12/08/2025Active$778,500$226MLSPIN
12/04/2025New$778,500$226MLSPIN
02/08/2024Sold$640,000$189MLSPIN
11/03/2023Under Agreement$639,900$189MLSPIN
10/28/2023Active$639,900$189MLSPIN
10/24/2023Price Change$639,900$189MLSPIN
08/19/2023Under Agreement$629,900$186MLSPIN
08/04/2023Active$629,900$186MLSPIN
07/31/2023Price Change$629,900$186MLSPIN
07/10/2023Active$649,900$192MLSPIN
07/06/2023Back on Market$649,900$192MLSPIN
05/20/2023Under Agreement$669,900$198MLSPIN
04/28/2023Active$669,900$198MLSPIN
04/24/2023Price Change$669,900$198MLSPIN
04/17/2023Active$679,900$201MLSPIN
04/13/2023Back on Market$679,900$201MLSPIN
04/12/2023Temporarily Withdrawn$679,900$201MLSPIN
04/10/2023New$679,900$201MLSPIN

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Seller's Representative: Patricia Yawson, Century 21 XSELL 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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-09-10 10:04:00

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