22 Florence St Worcester, MA $ 1,000,000
22 Florence St
$ 1,000,000
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22 Florence St

Worcester, MA, 01610
$ 1,000,000
Bedrooms10 Baths5.0 Sq 3,254

Monthly Estimate*

$ 6,314

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Multi-Family Home for sale in Worcester, MA

for $1,000,000 with 10 bedrooms and 5 full baths. This 3,254 square foot home was built in 1890 on a lot size of 0.16.

The multi-story building contains five (5) 2-Bedroom/1-Bathroom units with 3,254 square feet of gross living area in 5,526 square feet of gross area. The Property is situated upon a 0.16-acre parcel and has on-street parking. All five units were recently renovated. Renovations include brand new kitchens, new flooring, and new bathrooms. Several of the units were also upgraded with brand new mini split air conditioning units. The Property is currently fully occupied at slightly below market rents offering upside to the purchaser with little to no additional expenditure needed. Net operating income is further improved by separately metered heat, hot water, and electricity which the tenants pay directly. The owner is only responsible for domestic water & sewer. 22 Florence Street is well-positioned in Worcester's established Vernon Hill neighborhood just steps from Clark University. This offers convenient access to downtown Worcester, neighborhood retail corridors, and surrounding residential communities. The opportunity exists to acquire a well maintained and recently improved asset in a desirable urban market. Listed at an 8.34% cap rate.

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

10

Full Bath

5

Property Type

Multi-Family

Taxes

$ 7,635

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.16

Year Built

1890

Town/City

Worcester

County/Region

Worcester

MLS | Web ID

73561773

List By
Ethan Lazar

Listing Agent

Horvath & Tremblay

Broker

Affordability Calculator

$6,950
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,314
Monthly Property Taxes
$636
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
8/11/2026$1,000,000 Listed Price

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22 Florence St, Worcester, MA, 01610 is a Multi-Family Home for sale at $1,000,000 with 3,254 sqft and a lot size of 0.16. 22 Florence St has 10 bedrooms, 5.0 baths, and was built in 1890. The property's zip code is 01610 which is in Worcester, MA