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29 Cambridge St, Worcester MA 01603

Worcester, MA 01603
$649,000
$569,000
Est. $3,683/month
9
Beds
3
Baths
2,746
Sq Ft
$207
Price/Sq Ft
0.12
Acres
1900
Year Built
83
Days on Market
Active Price Drop -$80,000 Listed Apr 18, 2026 • MLS# 73503777 Copied! • Updated Jun 26, 2026

About this home

ATTENTION INVESTORS! Fully occupied 3-family offering immediate rental income with value-add potential. Each unit features 6 rooms, 3 bedrooms, hardwood floors, and replacement windows. Lead certificates in place for all units. Major updates include newer roof, oil tanks (2025), and hot water tanks. A new furnace will be installed prior to closing. Current rents are below market due to long-term tenants-at-will, presenting an opportunity to increase cash flow over time. Property needs cosmetic updates and is ideal for investors seeking to build equity and maximize returns. Conveniently located near highways, public transportation, shopping, restaurants, and colleges. Strong rental demand area with excellent long-term investment potential. Don't miss this opportunity to add a solid income-producing asset to your portfolio. A new furnace will be installed and has already been scheduled. SELLER CREDIT AVAILABLE.

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Recently Sold Nearby

Property History

Market Insights

5
Price Changes
12.3%
Price Range

Property Timeline

👁️
Showing Instructions Updated
Jun 26, 2026
New showing requirements
Price Reduced
Jun 19, 2026
$569,000 $10,000 (-1.73%)
From $579,000 to $569,000 (-1.7%)
Price Reduced
Jun 11, 2026
$579,000 $10,000 (-1.7%)
From $589,000 to $579,000 (-1.7%)
Price Reduced
Jun 2, 2026
$589,000 $10,000 (-1.67%)
From $599,000 to $589,000 (-1.7%)
Price Reduced
May 18, 2026
$599,000 $20,000 (-3.23%)
From $619,000 to $599,000 (-3.2%)
Price Reduced
Apr 30, 2026
$619,000 $30,000 (-4.62%)
From $649,000 to $619,000 (-4.6%)
🏠
Listed for Sale
Apr 18, 2026
$649,000
Original listing
Agent: Ana Roque Office: Property Investors & Advisors, LLC

Tax History

Year Taxes Assessment
2025 $7,264 $550,700

Financial Details

Annual Property Tax
$7,264
Tax Year 2025
Assessed Value
$550,700

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,746 sq ft
Lot Size 0.12 acres
Bedrooms 9
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent $1,600/mo · N
Unit 2 Rent $1,650/mo · N
Unit 3 Rent $1,500/mo · N
Total Monthly Rent $4,750/mo
Gross Income $57,000
Net Operating Income $43,991
Operating Expenses $13,009
Water/Sewer Expense $2,700
Insurance Expense $1,278
Cap Rate 7.73%
Heating Oil
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Basement Full, Interior Entry, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,264
Assessed Value $550,700
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Current Rents Are Below Market Due To Long Term Tenants. Taw Rentals. Tenants Prefer To Stay. Washer And Dryer For Each Unit Belong To The Tenants
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Washer and dryer for each unit belong to the tenants
Documents None
County Worcester
Total market time (incl. prior listings) 69 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Living Area
2,746 sq ft
Total Rooms
18
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Hardwood
Appliances:
Interior Features:
Windows:
Basement: Full, Interior Entry, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Gentle Sloping
Road Surface: Paved

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

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 $605
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
$0/mo
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.

Location

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Neighborhood

29 Cambridge St, Worcester MA 01603

Worcester, MA 01603

Listing Information

Listing Agent Ana Roque
Listing Office Property Investors & Advisors, LLC
Office Phone 774-413-0272
Agent MLS ID CN229637
Office MLS ID AN6259
Listing Data Updated Jun 26, 2026 12:40 PM EDT
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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