4 Family at 106 Mill St, Worcester MA 01603
4 Family at 106 Mill St, Worcester MA 01603, photo 2 of 37
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37 photos

$789,900

106 Mill St, Worcester MA 01603
Worcester, MA 01603
Listed by Carlena Desmond
Bedrooms
9
Bathrooms
5
Living area
3,632 sqft
Year built
1920

About this home

Huge Price Adjustment!! Exceptional Worcester investment opportunity offering strong existing income and future value-add potential! Generating approximately **$108,000 in annual gross income, including income from the detached garage**, this substantial multifamily offers more than **3,600 sq. ft. of living area**, 5 baths and a flexible layout providing multiple income-producing spaces. The detached two-car garage is currently rented for **$500 per month**, contributing to the property's overall income. Converted from oil to **natural gas**, the property also offers an impressive **9 off-street parking spaces**—a valuable feature for a multifamily investment. Situated on an oversized **15,026± sq. ft. lot bordering two streets**, the property may offer intriguing possibilities for future expansion, subdivision or other value-add opportunities, subject to buyer due diligence and all required municipal approvals. Additional features include a full basement with workshop and storage space, two enclosed three-season porches offering additional usable space, hardwood flooring in portions of the property, and a generously sized backyard. Located in Worcester's **Webster Square area**, the property is conveniently situated **near Coes Pond and its recreational amenities**, while also providing easy access to shopping, restaurants, parks, public transportation and major commuter routes. With strong current income, abundant parking, a substantial lot and opportunities to further enhance the property over time, this is an outstanding opportunity for an investor looking to add an income-producing Worcester multifamily to their portfolio. **Invest now, generate income today, and explore the possibilities for tomorrow!** Unit 4 to be delivered vacant.

Property details

MLS
MLS Property Information Network
MLS #
73551599
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
98
On market date
July 17, 2026
Stories
3
Total bathrooms
5
Garage spaces
2
Parking spaces
9
Lot size
0.34 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Columbus Park
0.28 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
377
Student:teacher ratio
12.6:1
District
Worcester
Middle
Sullivan Middle
1.34 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
870
Student:teacher ratio
11.0:1
District
Worcester
High
University Pk Campus School
0.56 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
233
Student:teacher ratio
11.1:1
District
Worcester

Walkability

Blended score for Worcester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

82
Highly walkable
out of 100
EPA National Walkability Index
14.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks12
Schools14
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Worcester, from live MLS data.

On the market 98 days -- 3 more days than Worcester's current average of 95 days.
For reference, the median list price across 1,351 active listings in Worcester right now is $349,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$4,907/mo
$157,980 down
$631,920 loan
Principal & interest$4,099
Property tax (est.)$658
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.