36 Paine Street, Worcester, MA 01605
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36 Paine Street, Worcester, MA 01605
36 Paine Street, Worcester, MA 01605
36 Paine Street, Worcester, MA 01605
36 Paine Street, Worcester, MA 01605
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Carmen Smith

Carmen Smith

+1(617) 704-0332
$ 1,050,000
Est. payment /mo
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Open Sat 1PM-2:30PM

36 Paine Street Worcester, MA 01605

12 Beds

3 Baths

4,051 SqFt

Open House

Sat Nov 14, 1:00pm - 2:30pm

Sun Nov 15, 1:00pm - 2:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,051 sqft

Price per Sqft $259

MLS Listing ID 73601548

Bedrooms 12

Full Baths 3

Year Built 1904

Annual Tax Amount $8,377

Tax Year 2026

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

Turnkey Investment Opportunity at 36 Paine Street, Worcester, MA!Exceptional opportunity to own a large, oversized, fully occupied three-family property generating turnkey rental income. Each of the three spacious units features 4 bedrooms, a living room, kitchen, and full bathroom with tub and shower, offering an impressive total of 12 bedrooms across the property. All three units have been completely remodeled, showcasing hardwood and luxury vinyl plank flooring, stainless steel appliances, replacement windows and doors, and washer and dryer hookups in every unit. Additional highlights include separate utilities for each floor, with tenants responsible for all utilities, including water, which is sub-metered. Lead certificates are in place for all three units, providing added peace of mind.Even better, the property is fully occupied and generates rental income designed to cover all operating expenses, making this an attractive opportunity for investors seeking immediate cash flow and a hands-off investment. Whether you're expanding your portfolio or looking for a strong income-producing asset, this turnkey three-family property deserves your attention. An outstanding opportunity to step into an established investment with tenants already in place!

Location

State MA

County Worcester

Zoning RG-5

Direction From Lincoln St exit, turn onto Lincoln St, then turn onto Harlow Street to Paine St.

Rooms

Basement Full, Interior Entry, Dirt Floor, Concrete, Unfinished

Interior

Interior Features Sunroom, Ceiling Fan(s), Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Unknown, Living Room, Kitchen, Laundry Room

Heating Steam, Natural Gas, Individual, Forced Air

Cooling None, Window Unit(s)

Flooring Hardwood

Appliance None, Range, Refrigerator

Laundry Washer Hookup, Dryer Hookup, Electric Dryer Hookup

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, University, Sidewalks

Utilities Available for Electric Range, for Electric Dryer, Washer Hookup

Roof Type Shingle

Garage No

Building

Lot Description Wooded, Gentle Sloping, Level

Story 9

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools City View Discovery School

Middle Schools Burncoat Middle School

High Schools Burncoat Senior High School

Others

Senior Community false

MLSPIN
Listed by Remax Revolution
Carmen Smith

Carmen Smith

Agent License ID: 9532195

+1(617) 704-0332

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36 Paine Street