12 Puritan Ave
Worcester, MA 01604
$649,000
Excellent Investment Opportunity! Well-maintained, low-maintenance 3-family property offering strong cash flow potential and long-term investment Value. Rents are substantially below market! Current tenants would like to remain, providing immediate rental income from day one. Comparable 2-bedroom units in the area rent for around $2,000 per month, creating excellent income growth potential. The exterior features durable vinyl siding, a large paved driveway with off-street parking for 7+ vehicles, and a garage ideal for owner storage. Each unit enjoys its own private porch space. All three apartments feature 2 bedrooms, spacious eat-in kitchens with pantry areas, large living rooms, and updated bathrooms. Units 1 and 2 include in-unit washer and dryers, while Unit 3 has access to laundry in the basement. Mechanical updates include a gas furnace approximately 6 years old and newer electric baseboard heating in Unit 3. Low operating expenses with tenants paying their own electricity. Unit 3 also pays its own electric heat, while the landlord provides heat and hot water for Units 1 and 2. Conveniently located in Worcester's desirable Grafton Hill neighborhood, just minutes from major employers, hospitals, shopping, downtown Worcester, and several colleges and universities including Clark University, UMass Chan Medical School, and WPI. Easy access to highways, public transportation, Union Station, and commuter routes makes this a highly attractive rental location. Whether you're expanding your portfolio or looking for a solid owner-occupant investment, this turnkey multifamily offers ...
+ Read More| Listing ID: | 73585698 |
|---|---|
| List Price: | $649,000 |
| Property Type: | Residential Income |
| Property Sub Type: | 3 Family - 3 Units Up/Down |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 3 |
| Living Area: | 2,266 |
| Tax Annual Amount: | $7,186 |
| Lot Size Square Feet: | 4,500 |
| Lot Size Acres: | 0.1 |
| City: | Worcester |
| County Or Parish: | Worcester |
| Postal Code: | 01604 |
| Year Built: | 1901 |
| Number Of Units Total: | 3 |
| Appliances: | Range, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer |
| Cooling: | None |
| Flooring: | Vinyl, Carpet |
| Heating: | Steam, Natural Gas, Unit Control, Electric |
| Lot Features: | Cleared, Level |
| Parking Features: | Paved Drive, Off Street, Tandem, Common, Driveway, Paved |
| Status: | Active |
| State Or Province: | MA |
| Water Source: | Public |
| Roof: | Shingle |
| Laundry Features: | Electric Dryer Hookup, Washer Hookup |
| Foundation Details: | Stone |
| Electric: | Circuit Breakers, Individually Metered |
| Listing Contract Date: | 2026-10-01 |
| Garage?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.1 |
| Rooms Total: | 12 |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Basement: | Full, Walk-Out Access, Interior Entry, Sump Pump, Concrete |
| Building Area Source: | Public Records |
| Community Features: | Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, T-Station, University |
| Exterior Features: | Balcony/Deck, Balcony |
| Interior Features: | Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Remodeled, Internet Available - Unknown, Storage, Living Room, Kitchen, Laundry Room |
| Levels: | 3 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Open Parking?: | Yes |
| Parcel Number: | 1780670 |
| Patio And Porch Features: | Porch, Deck - Wood, Deck - Vinyl, Covered |
| Rent Includes: | Unit 1(Heat, Gas, Water, Hot Water), Unit 2(Heat, Gas, Water, Hot Water), Unit 3(Gas, Water, Hot Water) |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit |
| Zoning: | RG-5 |
| Covered Spaces: | 1 |
| Exclusions: | Tenants Personal Belongings. Garage Is Landlords Belongings, And Will Be Removed By Closing. |
| Garage Spaces: | 1 |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Electric Expense: | $900 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Estimated, Owner |
| Foundation Area: | 936 |
| Frontage Length: | 43.00 |
| Gross Income: | $60,000 |
| Gross Scheduled Income: | $660 |
| Insurance Expense: | $1,600 |
| Apod Available: | Yes |
| Color: | White |
| Disclosure: | No |
| Dpr Flag: | Yes |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Gre: | 15,360 |
| Heat Units: | 3 |
| Heat Zones: | 3 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $286.41 |
| Mse: | 5,000 |
| Page: | 341 |
| Price Per Sqft: | $286.41 |
| Square Feet Incl Base: | No |
| Uffi: | No |
| Year Round: | Yes |
| Net Operating Income: | $60,000 |
| Operating Expense: | $15,360 |
| Original List Price: | $649,000 |
| Parking Total: | 8 |
| Road Responsibility: | Public Maintained Road |
| Sign On Property?: | Yes |
| Tax Assessed Value: | $541,100 |
| Tax Year: | 2026 |
| Total Actual Rent: | $5,000 |
| Water Sewer Expense: | $4,000 |
| Year Built Details: | Actual |
| Waterview Flag: | No |
| Building Area Total: | 2,266 |
| Bedrms 1: | 2 |
| Bedrms 2: | 2 |
| Bedrms 3: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| Hot Water: | Natural Gas |
| Above Grade Finished Area: | 2,266 |
| Open Parking Spaces: | 7 |
| Living Area Source: | Public Record |
| Rent1: | 1,700 |
| Rent2: | 1,800 |
| Rent3: | 1,500 |
| Total Flrs: | 6 |
| Beachfront Flag: | No |
Listing Courtesy of: Coldwell Banker Realty
Listing Agent: Patti Fitzgerald
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MLS Property Information Network, Inc. data last updated on October 08, 2026 04:59 PM - ET
Property Last Updated: October 08, 2026 04:59 PM - ET
