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INVESTMENT SNAPSHOT
About this property
Stabilized, turn-key investment with optional, transferable professional property management in place. Three-unit building featuring oversized 4 bed / 2 bath units. Two units are leased and one is occupied tenant-at-will, offering flexibility for rent growth or potential owner occupancy. The property underwent a full gut renovation in 2019, including updated systems, kitchens, baths, and comprehensive insulation with an emphasis on energy efficiency. Each unit offers a highly functional layout with strong rental demand in the Worcester market. The site includes a detached two-car garage and additional off-street parking. Conveniently located on Worcester’s East Side with easy access to Shrewsbury Street, I-290, and UMass Memorial Medical Center, supporting long-term tenant demand and stability.
Property details
| Units | 3 |
| Living area | 4,170 sqft |
| Lot size | 5,000 sqft |
| Year built | 1910 |
| Price / sqft | $236 |
| County | Worcester |
| MLS # | 73495756 |
Listing status
| Days on market | 53 days |
| Listed on | April 3, 2026 |
Taxes & financials
| Annual property tax | $10,787 |
| Tax year | 2025 |
| Assessed value | $817,800 |
| Zoning | RG-5 |
| Gross income (actual) | $90,493/yr |
| Net operating income (actual) | $90,000/yr |
| Total actual rent | $7,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 18 |
| Lot size | 0.11 acres |
| Garage spaces | 2 |
| Parking spaces | 5 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Partially Finished, Interior Entry, Concrete, Unfinished |
| Foundation | Other |
| Roof | Shingle |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of BA Property & Lifestyle Advisors — Michael Barbera. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 56 Cohasset St, Worcester MA 01604 have?
It is a 3-unit multi-family property with 4,170 sqft of living area, built in 1910.
How long has 56 Cohasset St, Worcester MA 01604 been on the market?
56 Cohasset St, Worcester MA 01604 has been listed for 53 days (since April 3, 2026).
What is the estimated cap rate on this 3-family in Worcester?
Based on area median rents, the estimated cap rate is about 4.3%, with a Signal Score of 76/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $985,000 across 3 units, that works out to roughly $328,333 per unit.
What are the property taxes on 56 Cohasset St, Worcester MA 01604?
Annual property taxes are $10,787 (2025), on an assessed value of $817,800.
What is the price per square foot?
At $985,000 for 4,170 sqft, that's about $236 per square foot.
Is there parking?
2 garage spaces and 5 total parking spaces (paved drive, off street).
Where is this property located?
56 Cohasset St, Worcester MA 01604 is in Worcester, Worcester County, MA 01604.
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