249 Lincoln St Worcester, MA ^$ 1,300,000

249 Lincoln St

^$ 1,300,000

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Recently Listed

249 Lincoln St

Worcester, MA, 01605

^$ 1,300,000

Bedrooms8 Baths5.2 Sq 7,256

Monthly Estimate*

^$ 8,004

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Multi-Family Home for sale in Worcester, MA

for $1,300,000 with 8 bedrooms and 5 full baths, 2 half baths. This 7,256 square foot home was built in 1920 on a lot size of 0.15.

249 Lincoln Street is a fully renovated mixed-use investment property located in Worcester, MA. The three-story building consists of seven (7) total units, including four 2-Bedroom/1-Bathroom apartments, one Studio apartment, and two Commercial units. The property contains approximately 7,135 square feet of gross living area within 11,635 square feet of gross building area and is situated on a 0.15-acre parcel with over four off-street parking spaces.The residential units have been recently renovated, helping drive strong rental income while minimizing future capital expenditures. Each unit is separately metered for heat, hot water, and electricity, which tenants pay directly, improving overall net operating income. The commercial units provide stable income with more than three years remaining on both leases each with annual increases.The property strategically sits less than one block from UMass Memorial Medical Center – Hahnemann Campus and is offered at an 8.68% cap rate.

Multi-Family Active

Price

^$ 1,300,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 18,245

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.15

Year Built

1920

Town/City

Worcester

County/Region

Worcester

MLS | Web ID

73484138

List By

Ethan Lazar

Listing Agent

Horvath & Tremblay

Broker

Affordability Calculator

$9,525

Per Month

Monthly Principal & Interest: $8,004
Monthly Property Taxes: $1,520
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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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Trends

Multi-family listings in Worcester, MA

Average List Price ^$1,220,674

Percent of Sale Price 6%

About Worcester, MA

182,809 Population

6% Since 2002

^$47,245 Median Income

36 Median Age

26% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
3/9/2026	$1,300,000		Listed Price

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249 Lincoln St, Worcester, MA, 01605 is a Multi-Family Home for sale at $1,300,000 with 7,256 sqft and a lot size of 0.15. 249 Lincoln St has 8 bedrooms, 5.2 baths, and was built in 1920. The property's zip code is 01605 which is in Worcester, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Data is updated as of 3/14/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. MLS Property Information Network, Inc. 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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249 Lincoln St

Multi-Family Home for sale in Worcester, MA

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