106 Mill St, Worcester, MA 01603
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$819,900
4 Unit
9 Beds
5 Baths
3632 SQFT
0.34 Acre

Property Description

Exceptional Worcester investment opportunity offering strong existing income and future value-add potential! Generating approximately **$108,000 in annual gross income, including income from the detached garage**, this substantial multifamily offers more than **3,600 sq. ft. of living area**, 5 baths and a flexible layout providing multiple income-producing spaces. The detached two-car garage is currently rented for **$500 per month**, contributing to the property's overall income. Converted from oil to **natural gas**, the property also offers an impressive **9 off-street parking spaces**—a valuable feature for a multifamily investment. Situated on an oversized **15,026± sq. ft. lot bordering two streets**, the property may offer intriguing possibilities for future expansion, subdivision or other value-add opportunities, subject to buyer due diligence and all required municipal approvals. Additional features include a full basement with workshop and storage space, two enclosed three-season porches offering additional usable space, hardwood flooring in portions of the property, and a generously sized backyard. Located in Worcester's **Webster Square area**, the property is conveniently situated **near Coes Pond and its recreational amenities**, while also providing easy access to shopping, restaurants, parks, public transportation and major commuter routes. With strong current income, abundant parking, a substantial lot and opportunities to further enhance the property over time, this is an outstanding opportunity for an investor looking to add an income-producing Worcester multifamily to their portfolio. **Invest now, generate income today, and explore the possibilities for tomorrow!**

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Amenities: Laundromat, Medical Facility, Park, Public Transportation, Shopping
  • Basement Features: Full, Interior Access, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 108000

Utilities

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

Unit 1 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 2

Unit 3 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 2

Unit 4 Description

  • Under Lease: No
  • Floors: 3

Construction

  • Year Built: 1920
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73551599
  • Last Updated: 08/24/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/17/2026Active$819,900$226MLSPIN
08/13/2026Price Change$819,900$226MLSPIN
07/21/2026Active$839,900$231MLSPIN
07/17/2026New$839,900$231MLSPIN
04/05/2024Sold$680,000$187MLSPIN
01/03/2024Under Agreement$689,000$190MLSPIN
12/20/2023Contingent$689,000$190MLSPIN
12/19/2023Active$689,000$190MLSPIN
12/18/2023Canceled$689,000$190MLSPIN
12/15/2023Back on Market$689,000$190MLSPIN
12/14/2023Temporarily Withdrawn$689,000$190MLSPIN
11/26/2023Active$689,000$190MLSPIN
11/22/2023Price Change$689,000$190MLSPIN
11/18/2023Active$699,000$192MLSPIN
11/14/2023Price Change$699,000$192MLSPIN
11/04/2023Active$749,000$206MLSPIN
10/31/2023Price Change$749,000$206MLSPIN
10/30/2023Active$799,000$220MLSPIN
10/26/2023New$799,000$220MLSPIN

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Seller's Representative: Carlena Desmond, Lamacchia Realty, Inc.
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 2026-08-24 10:13:00

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