HomeWorcester3 Family - 3 Units Up/Down66 Cutler St, Worcester MA 01604
66 Cutler St, Worcester MA 01604 — photo 1 of 271 / 27
$649,900
66 Cutler St, Worcester MA 01604
3 units · 8 bd · 4 ba · 3,116 sqft · $216,633/unit
📊 Analyze this deal

INVESTMENT SNAPSHOT

Signal Score96 / 100
Est. Cap Rate6.5%
GRM10.0
Gross Scheduled Income$64,796/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Open House Sat 5/30 at 11-12:30! This well-maintained 3-family property at 66 Cutler St offers strong cash flow potential with upside in rents, as all units are currently below market value. The property features two spacious 3-bedroom units and one 2-bedroom unit, plus additional income from a detached 2-car garage currently rented for $185/month. Current rents are $1,850/mo for a 3-bed unit and $1,650/mo for the 2-bed unit, providing immediate income with room for future growth. Tenants are well established, making this a turnkey addition to any investor's portfolio. The first-floor unit is vacant and has been recently refreshed with newly finished hardwood floors and fresh paint, creating an attractive owner-occupant opportunity or premium rental option. The first-floor primary bedroom includes its own half bath, a rare feature for this area. Additional highlights include off-street parking for 2 vehicles and income from the detached garage. Great commuter location close to 290!

Property details

Units3
Living area3,116 sqft
Lot size3,569 sqft
Year built1890
Price / sqft$209
CountyWorcester
MLS #73524864

Listing status

Days on market4 days
Listed onMay 27, 2026

Taxes & financials

Annual property tax$7,661
Tax year2025
Assessed value$580,800
ZoningRG-5
Gross income (actual)$66,420/yr
Net operating income (actual)$66,420/yr
Total actual rent$5,500/mo

Building & lot

Stories3
Total rooms15
Lot size0.08 acres
Garage spaces1
Parking spaces3
ParkingOff Street, Paved
BasementInterior Entry, Concrete, Unfinished
FoundationStone
RoofShingle
FlooringWood, Vinyl, Hardwood

Utilities & systems

HeatingBaseboard, Natural Gas, Forced Air
SewerPublic Sewer
WaterPublic
Utilitiesfor Electric Range, Washer Hookup, Varies per Unit
AppliancesRange, Dishwasher, Refrigerator

Location

More about investing in Worcester

Listing courtesy of Limitless Real Estate Group, LLC — Eric Bowlin. Listing data © MLS PIN.

Interested in this one?

By submitting you agree to be contacted about your home search. No spam.

Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 66 Cutler St, Worcester MA 01604 have?

It is a 3-unit multi-family property with 3,116 sqft of living area, built in 1890.

How long has 66 Cutler St, Worcester MA 01604 been on the market?

66 Cutler St, Worcester MA 01604 has been listed for 4 days (since May 27, 2026).

What is the estimated cap rate on this 3-family in Worcester?

Based on area median rents, the estimated cap rate is about 6.5%, with a Signal Score of 96/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $649,900 across 3 units, that works out to roughly $216,633 per unit.

What are the property taxes on 66 Cutler St, Worcester MA 01604?

Annual property taxes are $7,661 (2025), on an assessed value of $580,800.

What is the price per square foot?

At $649,900 for 3,116 sqft, that's about $209 per square foot.

Is there parking?

1 garage space and 3 total parking spaces (off street, paved).

Where is this property located?

66 Cutler St, Worcester MA 01604 is in Worcester, Worcester County, MA 01604.

Similar multi-families