45 May St, Worcester, MA 01610
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$630,000
3 Unit
8 Beds
9 Baths
3365 SQFT
0.08 Acre

Property Description

Discover a rare investment opportunity in the heart of Main South Worcester with this expansive nine-bedroom, three-family property located just moments from Clark University, Elm Park, and convenient public transportation. The first and second floors boast high ceilings and substantial floor plans where bedrooms are thoughtfully spaced to maximize occupant privacy, while the third-floor attic unit surprises with its spacious, open atmosphere highlighted by skylights and a large kitchen. While all three units are currently generating rental income significantly below market rates, the property is primed for immediate value-add potential and optimized cash flow. Key recent updates include a renovated first-floor bathroom, a 2023 heating system for the second floor, and freshly repaired front steps, complementing a newer roof, siding, windows, and boiler. With separately metered utilities and minimal exterior maintenance requirements, this turnkey asset awaits its max potential!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 9
  • Total Fireplaces: 2
  • Amenities: Highway Access, Medical Facility, Public School, Public Transportation, University
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room, Mudroom, Office/Den
  • Common Interior Features: Pantry
  • Common Appliances: Freezer, Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump, Radiant

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 54000
  • Gross Expenses: 14255
  • Net Operating Income: 39745

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: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73501875
  • Last Updated: 04/15/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/15/2026New$630,000$187MLSPIN

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Seller's Representative: Montivista Real Estate Group, 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 2026-04-15 10:28:00