Prime investment opportunity! Turnkey 6-unit building just a short walk to Clark University. Property features six spacious, renovated 2-bedroom / 1-bathroom units, delivering reliable cash flow with a solid, long-term tenant base and minimal landlord responsibilities. Fully separate utilities: individual electric meters, separate gas meters, tenant-paid hot water baseboard heat, and tenant-paid hot water heaters in each unit. City trash pickup included at no extra cost. Building updates include newer vinyl siding, newer vinyl replacement windows, and a newer rubber roof. Interiors feature fresh paint, recently refinished hardwood floors, and updated hardware. Two parking spots (tandem) behind property can provide additional rental income. Ideal for investors seeking a hassle-free, income-producing asset in a vibrant area with strong rental demand from students and professionals.
For sale
$1,150,000
1038 Main St, Worcester, MA 01603
12beds
5,802sqft
Est.:
4 Family - Rooming House
Built in 1920
-- sqft lot
$-- Zestimate®
$198/sqft
$-- HOA
What's special
Newer vinyl replacement windowsNewer vinyl sidingNewer rubber roofRecently refinished hardwood floorsUpdated hardwareFresh paint
- 3 days |
- 251 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: March 21, 2026 at 12:33am
Listed by:
Michael Tinsley 508-769-2544,
Longwood Residential, LLC 617-396-3100
Source: MLS PIN,MLS#: 73489300
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Hardwood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,802
- Total interior livable area: 5,802 sqft
- Finished area above ground: 5,802
Property
Parking
- Total spaces: 2
- Parking features: Off Street
- Uncovered spaces: 2
Lot
- Size: 3,813 Square Feet
- Features: Corner Lot
Details
- Parcel number: 1769972
- Zoning: BG-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family - Rooming House
Materials
- Frame
- Foundation: Stone
- Roof: Rubber
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Park, House of Worship, Public School, University
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $1,125,000
- Annual tax amount: $14,838
- Date on market: 3/19/2026
- Total actual rent: 10800
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Listed for sale | $1,150,000$198/sqft |
Source: MLS PIN #73489300 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$6,940/mo
Principal & interest
$5771
Property taxes
$1169
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Climate risks
Neighborhood: 01603
Nearby schools
GreatSchools rating
- 5/10Goddard School of Science & TechnologyGrades: PK-6Distance: 0.3 mi
- 4/10University Pk Campus SchoolGrades: 7-12Distance: 0.2 mi
- 5/10Jacob Hiatt Magnet SchoolGrades: PK-6Distance: 1.2 mi
Local experts in 01603
- Massachusetts
- Worcester County
- Worcester
- 01603
- 1038 Main St






