36 Paine Street, Worcester MA 01605

Worcester, MA 01605
$1,050,000
Est. $6,207/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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12
Beds
3
Baths
4,051
Sq Ft
$259
Price/Sq Ft
0.17
Acres
1904
Year Built
New today
Time on Market
For Sale Open House Listed Nov 12, 2026 • MLS# 73601548 Copied! • Updated Nov 12, 2026

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Open House Schedule

14
Nov
Saturday, November 14
1:00 PM - 2:30 PM EST
15
Nov
Sunday, November 15
1:00 PM - 2:30 PM EST

About this home

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!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 12, 2026
$1,050,000
Original listing
Agent: Ann Marie Link Office: Remax Revolution

Tax History

Year Taxes Assessment
2026 $8,377 $630,800

Financial Details

Annual Property Tax
$8,377
Tax Year 2026
Assessed Value
$630,800

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1904
Living Area 4,051 sq ft
Lot Size 0.17 acres
Stories 9
Bedrooms 12
Full Baths 3
Total Rooms 24

Investment Metrics

Units 3
Unit 1 Rent $2,420/mo · N
Unit 2 Rent $2,420/mo · N
Unit 3 Rent $2,420/mo · Y
Total Monthly Rent $7,260/mo
Gross Income $87,120
Net Operating Income $87,120
Cap Rate 8.30%
Heating Steam, Natural Gas, Individual, Forced Air
Cooling None, Window Unit(s)
Flooring Hardwood
Appliances None, Range, Refrigerator
Fireplace None
Basement Full, Interior Entry, Dirt Floor, Concrete, Unfinished
Laundry Washer Hookup, Dryer Hookup, Electric Dryer Hookup
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
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Enclosed, Patio
Features None
Electric Circuit Breakers, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $8,377
Assessed Value $630,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Sq Ft Disclosures Actual measured total square footage is 4559 sq ft, not including basement-1440sq ft
Documents None
County Worcester
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1904
Bedrooms
12
Full Bathrooms
3
Living Area
4,051 sq ft
Total Rooms
24
Stories
9
Levels
9

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: None, Range, Refrigerator
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
Windows: Insulated Windows
Basement: Full, Interior Entry, Dirt Floor, Concrete, Unfinished
Laundry: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1904
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 9

Utilities & Systems

Heating: Steam, Natural Gas, Individual, Forced Air
Heating Zones: 3
Cooling: None, Window Unit(s)
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Enclosed, Patio
Fencing:
Other Structures:
Lot Features: Wooded, Gentle Sloping, Level
Road Surface: Paved

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $698
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

36 Paine Street, Worcester MA 01605

Worcester, MA 01605

Listing Information

Listing Agent Ann Marie Link
Listing Office Remax Revolution
Office Phone 401-921-5011
Agent MLS ID CN254205
Office MLS ID AN9761
Listing Data Updated Nov 12, 2026 12:51 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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