62 May St, Worcester, MA 01610
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$699,900
3 Unit
10 Beds
3 Baths
3765 SQFT
0.14 Acre

Property Description

Exceptional 3-family investment opportunity in a prime Worcester location. Ideal for both investors and owner-occupants, this property presents an opportunity for steady cash flow and long-term value. The fully renovated third-floor unit, complete with a brand-new heating system, adds immediate value and reduces future capital expenses, making this a smart long-term hold. The remaining units provide steady rental income, and each unit features washer and dryer hookups. With a pro forma cap rate exceeding 7%, this is a solid income-producing asset with upside. Conveniently located near major highways, shopping, dining, and local amenities, this property is a standout addition to any portfolio.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 10
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping
  • Basement Features: Dirt Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Lead Certification Available
  • Common Appliances: Dryer Hookup, Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 50400
  • Net Operating Income: 50400

Utilities

  • Utility Connections: for Electric Range, 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: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

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

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73501533
  • Last Updated: 04/18/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/18/2026Active$699,900$186MLSPIN
04/14/2026New$699,900$186MLSPIN
11/12/2025Canceled$649,900$173MLSPIN
10/24/2025Active$649,900$173MLSPIN
10/20/2025Price Change$649,900$173MLSPIN
10/12/2025Active$674,900$179MLSPIN
10/08/2025New$674,900$179MLSPIN

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Seller's Representative: The Decotis Group, Lyv 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 2026-04-18 03:05:00

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