1038 Main Street Worcester MA 01603 MLS #73489300

1038 Main Street
Worcester, MA, 01603
$1,150,000
12 Beds
6 Baths
5,802 SqFt
0.09 Acres
$1,150,000
1038 Main Street
Worcester, MA, 01603
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.

Property Details

Price:
$1,150,000
MLS #:
73489300
Status:
Active
Beds:
12
Baths:
6
Address:
1038 Main Street
Type:
Multi Family
Subtype:
4 Family – Rooming House
City:
Worcester
Listed Date:
Mar 19, 2026
State:
MA
Finished Sq Ft:
5,802
Total Sq Ft:
5,802
ZIP:
01603
Lot Size:
3,813 sqft / 0.09 acres (approx)
Year Built:
1920
Units:
6

Schools

Interior

Bathrooms
6 Full Bathrooms
Flooring
Hardwood

Exterior

Community Features
Public Transportation, Park, House of Worship, Public School, University
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
2
Roof
Rubber

Financial

Net Operating Income
$108,000
Tax Year
2026
Taxes
$14,839
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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