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57-59 Cutler Street, Worcester MA 01604

Worcester, MA 01604
$1,525,000
Est. $8,838/month
18
Beds
5
Baths
5,730
Sq Ft
$266
Price/Sq Ft
0.16
Acres
1920
Year Built
5 hours 26 minutes
Time on Market
Active Listed Mar 1, 2026 • MLS# 73481103 Copied!

About this home

Turnkey Investment Opportunity – Two Multi-Family Properties on ONE Lot!Fully renovated and income-producing, this rare opportunity minimizes future setbacks with major updates already completed.57 Cutler Street features three spacious 4-bedroom units with new heating systems, new central air, hardwood floors, laundry hookups, and private porches.59 Cutler Street offers a renovated two-family with a 2-bedroom unit and a 4-bedroom unit, also updated with new heating systems and quality finishes throughout.Most units are rented, providing immediate cash flow. Prime location just minutes from Polar Park and Union Station, near College of the Holy Cross and Worcester Polytechnic Institute, with easy access to I-290, shopping, and dining.Strong cash flow, strong location, strong asset.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
18
Full Bathrooms
5
Living Area
5,730 sq ft
Total Rooms
28
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1920
Living Area 5,730 sq ft
Lot Size 0.16 acres
Bedrooms 18
Full Baths 5
Total Rooms 28

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Unfinished
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,123
Assessed Value $843,300

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

57-59 Cutler Street, Worcester MA 01604

Worcester, MA 01604

Walkability

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Nearby Schools

School District
Worcester School District local
C-
🎓 Where Graduates Go Class of 2021
51% attend college
35% 4-Year 16% 2-Year 4% Out of State 4% Working
School Safety 2024-25
4.1% Above Average
3.3% Suspensions 1.7% In-School 0.8% Emergency
1.4% below state avg
E

Elementary Schools

3 schools
F
Grafton Street School
0.2 mi | #795 of 824 | Score: 29.1
Improved 4 spots from last year
-29.1 below state avg
386 students Diverse
Diverse Student Body
Grades K-06
F
Union Hill School
0.2 mi | #815 of 824 | Score: 25.3
Dropped 19 spots from last year
-33 below state avg
377 students Diverse
Grades K-06
D
Worcester Cultural Academy Charter Public School
0.3 mi | #786 of 824 | Score: 29.4
Improved 49 spots from last year
-28.8 below state avg
194 students Diverse
Rising School Diverse Student Body
Grades K-06
M

Middle Schools

2 schools
C-
Worcester East Middle School
0.2 mi | #298 of 352 | Score: 31.5
Improved 55 spots from last year
-26.7 below state avg
731 students Diverse
Rising School Diverse Student Body
Grades 06-08
The Nativity School of Worcester
1.5 mi
Grades 05-08
H

High Schools

3 schools
Worcester Academy
0.3 mi
Grades 06-12
Saint Paul Diocesan Junior/Senior High School
0.8 mi
Grades 07-12
C-
North High School
1.2 mi | #300 of 346 | Score: 37.9
Improved 27 spots from last year
-20.3 below state avg
1,376 students Diverse
14 sports • 498 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $927
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

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.

Property History

Property Timeline

🏠
Listed for Sale
Mar 1, 2026
$1,525,000
Original listing
Office: Kearns Nardone Realty LLC

Price & Status History

Date Event Price Change
Mar 1, 2026 New Listing Added $1,525,000

Market Statistics

Time on Market
5 hours 26 minutes
Price per Sq Ft
$266

Tax History

Year Taxes Assessment
2025 $11,123 $843,300

Financial Details

Annual Property Tax
$11,123
Tax Year 2025
Assessed Value
$843,300

Listing Information

Listing Agent Solangi Tavarez
Listing Office Kearns Nardone Realty LLC
Agent MLS ID CN250821
Office MLS ID AN8824
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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