For Sale

256 Belmont St, Worcester, MA

Worcester · MA 01604

$640,000
Price
7
Beds
3
Baths
3090
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1923
Units: 3 Units
Lot size: 5,000 Sq.Ft Lot
Price per square foot: $207 / Sq.Ft
Parking: No Parking

About this home

PRIME WORCESTER 3-FAMILY INVESTMENT OPPORTUNITY! Fully occupied and generating $61,200 in annual gross rental income ($5,100/month)! This income-producing multifamily features 7 bedrooms, 3 full baths, spacious layouts, cosmetic updates, abundant basement storage, an outdoor shed, and a fenced backyard. Lead compliant. Tenants currently utilize a nearby parking lot as an alternative to on-site parking. Ideally located on Belmont Street (Route 9), minutes from UMass Memorial Medical Center, Shrewsbury Street's dining district, downtown Worcester, Union Station, I-290, I-90/Mass Pike, universities, and shopping. An excellent opportunity for investors seeking immediate cash flow and long-term potential. Rear porch was enclosed to gain additional sqft. SHOWINGS BEGIN AT OPEN HOUSE SATURDAY, NOVEMBER 7, 11 AM–1 PM!

Neighborhood & Transit

256 Belmont St, Worcester · MA 01604

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
2 days
Listing Price:
$640,000
Price per Sq.Ft:
$207
Tax Assessment:
$565,600 in 2026
Taxes:
$626 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,090 Sq.Ft
Broker Disclosure about Living Area
Rear porch was enclosed to gain additional sqft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3090
Flooring
Unknown
Lead paint
None

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
5,000 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Diane Basemera
Listing office
Coldwell Banker Realty - Newton
MLS PIN #
73597425
Disclosure
Rear porch was enclosed to gain additional sqft