148-152 Millbury Street, Worcester, MA for sale

Investment Overview

Northeast Private Client Group, Inc. is pleased to present 148-152 Millbury Street, a nine-unit mixed-use property in Worcester's Canal District, a short walk from Kelley Square and Polar Park. Built in 1920 and rising three stories, the fully occupied building is offered at $1,395,000. The upper floors hold eight residential apartments — five one-bedrooms and three studios — over a ground-floor commercial space leased to a neighborhood bar/restaurant. Ownership covers water and sewer, trash, and common-area electricity. The income splits between steady residential cash flow and a commercial lease that anchors the ground floor. In-place residential rents sit below the levels renovated units command, giving the next owner a clear path to raise income as leases roll. The rent roll and income tables that follow carry the detail. 148-152 Millbury Street offers in-place income from day one, embedded rent upside as units turn, and a Canal District address in the middle of Worcester's most active redevelopment corridor — a chance to own income today with a clear runway to grow it. All interested and qualified parties will have the opportunity to obtain additional information upon request.

Investment Highlights

• Income Today, Upside Ahead
• Ground-Floor Commercial Income
• Flooring & Plumbing Updated 2025
• 44 Miles to Boston
• In Worcester's Canal District