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You are here:
Home Massachusetts Worcester Multi-Family Homes for Sale

56 Olga Ave Worcester, MA 01605

NEW
24 Photos
$735,900
3 Unit
9 Beds
3 Baths
4002 SQFT
0.11 Acre
56 Olga Ave
Worcester, MA 01605

Property Description

This well-maintained 3-family multifamily property with a 5 year newer roof is in a convenient Worcester location. Each unit features 3 bedrooms and 1 full bath, spacious eat-in kitchens, separate living areas, generous storage, and private porches. Washer/dryer hookups on each floor (machines tenant-owned) with rear hall storage areas.The property is fully occupied with long-term, responsible tenants and offers below-market rents, providing excellent upside potential. Exterior highlights include vinyl siding, a private fenced backyard shared by all units, tandem off-street parking for up to four cars, plus ample on-street parking. Ideally located near restaurants, shopping, UMass Memorial and St. Vincent Hospitals, with easy access to I-290 and Route 9 (Belmont St.). Turn-key investment with strong cash flow potential and owner-occupant opportunity. First floor Lease ends October 2026. Others are TAW.

Property Overview

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, Park, Public Transportation, Shopping
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Hot Water Radiators, Space Heater, Steam

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 56856
  • Net Operating Income: 56856

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1913
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73462408
  • Last Updated: 12/17/25

Date Event Price Price/Sq Ft Source
12/16/2025New$735,900$184MLSPIN

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Map & Resources

Belmont Street Community School

Public Elementary School, Grades: PK-6

0.31mi

Worcester Technical High School

Public Secondary School, Grades: 9-12

0.35mi

Venerini Academy

Private School, Grades: PK-8

0.5mi

Venerini Academy

Private School, Grades: PK-8

0.54mi

The Nativity School of Worcester

Private School, Grades: 5-8

0.64mi

Worcester Polytechnic Institute - Gateway Park Campus

University

0.69mi

Seven Hills Charter Public School

Charter School

0.7mi

City View School

Public Elementary School, Grades: PK-6

0.7mi

Jeff's Place

Bar

0.5mi

Brew City Grill & Brew House

Bar

0.84mi

Wormtown Brewery

Bar

0.89mi

Cafe Manzi's

Cafe

0.48mi

inhouse coffee

Cafe

0.59mi

Starbucks

Coffee Shop

0.78mi

Fuel America - Grove Street

Coffee Shop

0.84mi

Little Caesars

Pizzeria

0.5mi

Worcester Fire Department

Fire Station

0.75mi

Worcester Fire Department

Fire Station

0.92mi

Worcester Fire Department

Fire Station

1.01mi

Franklin Street Station

Fire Station

1.13mi

Worcester Recovery Center and Hospital

Hospital. Speciality: Psychiatry

0.52mi

UMass Memorial Medical Center - Memorial Campus

Hospital

0.31mi

UMass Memorial Medical Center - Hahnemann Campus

Hospital

0.67mi

Saint Vincent Hospital at Worcester Medical Center

Hospital

0.85mi

Worcester Art Museum

Museum

0.91mi

Worcester Memorial Auditorium

Theatre

0.86mi

Tuckerman Hall

Theatre

0.87mi

Worcester Art Museum

Gallery

0.93mi

Green Hill Park Farm

Zoo

0.45mi

Green Hill Park Farm

Zoo

0.49mi

Green Hill Park

Municipal Park

0.02mi

Bell Hill Park

Park

0.16mi

Cristoforo Colombo Park

Municipal Park

0.4mi

Betty Price Playground

Park

0.56mi

Gateway Park

Park

0.79mi

Lincoln Square

Park

0.8mi

Holmes Field

Municipal Park

0.82mi

Harrington Field

Municipal Park

0.84mi

Cristoforo Colombo Spray Park

Playground

0.55mi

Betty Price Playground

Playground

0.57mi

Green Hill Golf Course

Golf Course

0.5mi

Homer Gage Medical Library

Library

0.46mi

Worcester State Hospital Library and Learning Resources Center

Library

0.76mi

Worcester Art Museum Library

Library

0.92mi

Crowned by Glory Studios

Hairdresser

0.47mi

Yusi's Hair Salon

Hairdresser

0.48mi

American Laser Centers

Beauty

0.51mi

Piercing Emporium and Tattoos

Tattoo

0.54mi

Bello Opticians

Optician

0.48mi

CVS Pharmacy

Pharmacy

0.75mi

Honey Farms

Convenience

0.81mi

Seller's Representative: Nasser Muzaaya, eXp Realty
MLS ID#: 73462408

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2025-12-17 03:30:00

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