1 / 33
INVESTMENT SNAPSHOT
About this property
Turnkey, gut renovated 8-unit multifamily producing approximately $20,300/month / $243,600/year . All units are 3-bedroom layouts, including two newly completed 3BR/2BA units, for a total of 24 bedrooms. Major updates include new plumbing, new electrical, new sprinkler system, separate utilities, full insulation, renovated kitchens/baths, in-unit washer/dryer in each unit, and new appliances. Strong stabilized asset and perfect opportunity for a 1031 exchange buyer seeking current cash flow, scale, and modernized systems. Convenient Worcester location near highways, shopping, public transportation, and amenities.
Property details
| Units | 8 |
| Living area | 10,308 sqft |
| Lot size | 5,976 sqft |
| Year built | 1920 |
| Price / sqft | $223 |
| County | Worcester |
| MLS # | 73517217 |
Listing status
| Days on market | 4 days |
| Listed on | May 12, 2026 |
Taxes & financials
| Annual property tax | $15,196 |
| Tax year | 2025 |
| Assessed value | $1,004,000 |
| Zoning | BL-1 |
| Total actual rent | $20,300/mo |
Building & lot
| Stories | 4 |
| Total rooms | 40 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 7 |
| Basement | Unfinished |
| Foundation | Other |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Worcester →
Listing courtesy of Velney Realty LLC — Tal Klayman. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 605 Millbury St, Worcester MA 01604 have?
It is a 8-unit multi-family property with 10,308 sqft of living area, built in 1920.
How long has 605 Millbury St, Worcester MA 01604 been on the market?
605 Millbury St, Worcester MA 01604 has been listed for 4 days (since May 12, 2026).
What is the estimated cap rate on this 8-family in Worcester?
Based on area median rents, the estimated cap rate is about 4.9%, with a Signal Score of 84/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,300,000 across 8 units, that works out to roughly $287,500 per unit.
What are the property taxes on 605 Millbury St, Worcester MA 01604?
Annual property taxes are $15,196 (2025), on an assessed value of $1,004,000.
What is the price per square foot?
At $2,300,000 for 10,308 sqft, that's about $223 per square foot.
Is there parking?
7 total parking spaces.
Where is this property located?
605 Millbury St, Worcester MA 01604 is in Worcester, Worcester County, MA 01604.
Similar multi-families
◆ 99
◆ 99
◆ 99
◆ 80