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For Sale

28 Gediminas St, Worcester MA 01607

Worcester, MA 01607

$749K
9 BD · 3 BA · 3,678 sf · 0.22 ac · Built 1915
The residence

CASH FLOW & OWNER OCCUPANT OPPORTUNITY! This solid, well maintained three family with several upgrades offers immediate income and long term upside. Two units are currently rented at $2,200 and $2,050 per month, and one unit will be delivered vacant with projected rent of approximately $2,400, bringing potential gross rental income to approximately $6,650/month or $79,800/year when fully occupied.For an owner occupant, move into the vacant unit while collecting $4,250/month from the other two units. The projected rental profile offers strong potential to satisfy FHA three family self sufficiency requirements, subject to the FHA appraisal, lender underwriting, interest rate, taxes, and insurance.Each spacious unit currently offers 3 bedrooms, 1 full bathroom, an eat in kitchen, living and dining areas, plus an additional flexible room with potential for conversion into a 4th bedroom, subject to City approval and code compliance.Situated on a large lot on a very quiet dead end street, the property also features a full walk out basement, laundry hookups, storage, ample off street parking, and a detached two car garage with potential for a future ADU, subject to zoning, permitting, building and fire codes, and all municipal approvals.Convenient access to I-290, the Mass Pike, shopping, and local amenities. A strong and versatile property for investors seeking income or buyers looking to build wealth through owner occupancy.

At a glance
Property type
3 Family
Status
Active
Year built
1915
Lot size
0.22 acres
Living area
3,678 sf
MLS#
51de59f357b6c4c7a5927d5aba7c39a5
Beds · Baths
9 · 3
Location

Worcester, MA.

Worcester is a hill city of triple-deckers, mills turned to new use, and a revived downtown around the theatre and the canal district. It sits at the crossing of the Mass Pike and I-290, roughly midway between Boston and the Connecticut River.

Estimated Monthly Payment+
$4K/mo
Approximate · principal & interest only
Display Currency
$749K

Indicative conversion — settlement always in USD.

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Listing courtesy of Be Live in Realty · MLSPIN

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Listings updated Sep 16, 2026

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