2 Preston StreetWorcester, MA 01610MLS Number 73475427

  • Price: $2,399,000
  • Est. Mortgage of $/month
  • 95 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
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Under Agreement
2 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 016102 Preston Street Worcester MA 01610
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  • 29Bedrooms
  • 0.07Acreage
  • 10Bathrooms
  • 1900Year Built

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Immaculate 10-unit investment opportunity just hit the market in the heart of Worcester, MA. This well-maintained multifamily property features a desirable mix of spacious 2- and 3-bedroom units, making it highly attractive to long-term tenants. The current monthly rent roll is 21009.00 with all units participating in Section 8, offering investors the benefit of stable income. Annual rent increases have already been submitted and approved effective 4/1/2026, BRINGING IN ANNUALLY 30,420 to thr bottom line. Properties of this size, condition, and income stability rarely come to market, especially in one of the fastest-growing cities in Massachusetts. Ideal for both seasoned investors and those looking to expand their portfolio with a strong, low-risk asset. Open House Canceled
Listed by We Close Deals Team of Lamacchia Realty,Inc.

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More Info

Basic Information

  • Gross Income $252,108
  • Lot Features Corner Lot
  • Mls StatusUnder Agreement
  • Parcel Number M:06 B:17C L:00044,1768374
  • Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)

Building

  • BasementInterior Entry, Dirt Floor
  • Building Area Units Square Feet
  • Construction Materials Brick
  • Door Features Storm Door(s)
  • FoundationStone
  • Levels 5
  • Patio And Porch Features Deck
  • Rooms49
  • Stories5
  • Units10
  • Utilities For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Date Listed02/09/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $1,857,100
  • Tax Year 2025
  • Taxes$24,495

Basic Information

  • List Price$2,399,000
  • MLS Number73475427
  • Modification Date02/20/2026
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date02/20/2026

Property

  • Acreage0.07

Interior

  • Flooring Wood, Vinyl
  • Interior Features
    • Bathroom With Tub & Shower
    • Dining Room
    • Family Room
    • Internet Available - Broadband
    • Kitchen
    • Laundry Room
    • Lead Certification Available
    • Living Room

Property Information

  • Building Area Source Public Records
  • Living Area 10,170
  • Lot Size Square Feet 2,863
  • Lot Size Units Acres
  • Square Feet10,170

Legal

  • ZoningRG-5

Parking

  • Parking Features Off Street
  • Parking Spaces

Rooms

  • Bathroom10
  • Bathrooms Total Decimal 10
  • Bedrooms29
  • Full Bath10

Location

  • Address2 Preston Street
  • Building Number2
  • CountyWorcester
  • StateMA
  • StreetPreston Street
  • TownWorcester
  • Zip01610

Exterior

  • Exterior Features Balcony/Deck
  • RoofTar/Gravel

Utilities

  • Electric Circuit Breakers, Individually Metered
  • Electric Expense 2402
  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Park
    • Public School
    • Public Transportation
    • University
  • Appliances IncludedRange, Refrigerator

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617-293-8070
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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