Welcome to an exceptional investment opportunity in the heart of Worcester. Located at 106 Mill St, this vacant 5-unit multifamily home is a gem that should not be missed. With its impressive 7 bedrooms, 5 bathrooms, and over 3,648 sqft of living space, this property has tremendous potential. Priced at $799,000, it offers a fantastic opportunity for investors, whether you're looking to rent out individual units, pursue short-term rentals, or explore halfway housing options.

 

One of the standout features of this property is its unique rental layout, designed to maximize returns. The multifamily home consists of two traditional apartments and three rooming units, offering flexibility and versatility. With a total of four kitchens and room for five separate living spaces, the potential to generate rental income is remarkable.

 

In addition to the multifamily home, this property also offers a large finished garage that can be utilized for extra rental income, a workshop, or storage. Ample off-street parking is available, ensuring convenience for both residents and visitors.

 

The basement of this property is dry and spacious, offering even more potential. It features a carpentry workshop and plenty of additional storage space. For those looking for extra living space, the rear two three-season porches provide a cozy retreat to enjoy the outdoors.

 

A notable feature of 106 Mill St is its rare large backyard, a valuable asset in Worcester. The spacious yard adds to the overall appeal of the property and offers even more value to potential renters.

 

Beyond the property itself, the location of 106 Mill St is highly desirable. Offering easy access to schools, parks, shopping centers, and transportation, it is ideally situated to attract tenants. Worcester is a vibrant city with a growing rental market, making this investment opportunity even more attractive.

 

As an investor, it is essential to recognize the potential for future growth and appreciation. This property borders two streets, presenting the possibility of subdividing in the future. This subdivision could enhance the property's value and provide additional development opportunities.

 

With all these remarkable features and potential, 106 Mill St is a unique opportunity that should not be overlooked. Whether you are an experienced investor or new to the real estate market, this multifamily home offers significant potential for rental income and long-term appreciation.

 

If you're interested in exploring this investment opportunity further, don't hesitate to schedule a showing today. Don't miss out on the chance to own this exceptional property and secure your future in the Worcester real estate market.