145 Eastern Ave, Worcester, MA 01605

$685,900 · For sale

145 Eastern Ave, Worcester

INVESTMENT OPPORTUNITY | OWNER-OCCUPANT POTENTIAL! Discover the value and income potential of 145 Eastern Ave, Worcester. This multi-family property offers an excellent opportunity for investors or owner-occupants looking to build equity and maximize rental income. The property features three floors. The 1st-floor unit is currently vacant but was previously rented for $2,350/month, while the 2nd floor currently rents for $1,750/month and the 3rd floor rents for $1,900/month. The occupied units are currently rented below market, providing potential for increased rental income over time. Current Gross Rental Income: $3,650/month. Previous 1st-Floor Rent: $2,350/month2025 Property Taxes: $7,025The vacant first floor provides flexibility for an owner-occupant to live in the property while collecting rental income from the other two units, or for an investor to lease the unit and increase overall cash flow. Based on the previous first-floor rent, leasing the vacant unit at $2,350/month would bring the gross rental income to approximately $6,000/month, or $72,000 annually, before considering any future rent increases. The property also offers potential for a fourth unit, creating an additional value-add opportunity, subject to buyer due diligence, zoning, permitting, and applicable city requirements. Additional features include off-street parking, basement/utility areas, and a convenient Worcester location. Whether you're looking to house hack, expand your rental portfolio, or take on a value-add multi-family investment, 145 Eastern Ave offers multiple strategies for creating long-term value. Buyers and buyers' agents are encouraged to conduct their own due diligence regarding rents, expenses, zoning, permits, unit count, and potential fourth-unit conversion.

About this address

145 Eastern Ave is a multi-family home for sale in Worcester, MA 01605 with 3,446 square feet, asking $685,900. It was built in 1878. It has been on our site since August 7, 2026.

At $199 a square foot, it compares with a median of $219 among the 109 other multi-family homes for sale in Worcester with a stated size.

The whole property at this address is assessed at $618,500 for fiscal year 2026. It last sold for $640,000 in February 2024. The assessor lists a lot of 0.09 acres.

It scores 78 out of 100 for walkability, from how close everyday places are.

The closest train or subway stop is Worcester (MBTA · Amtrak Framingham/Worcester Line and Lake Shore Limited), about 0.9 miles away. The closest bus stop is Hooper St at Kendall (WRTA route 24), about 0.1 miles away.

The closest public schools by level are Belmont Street Community (0.1 miles) and Ma Academy for Math and Science School (0.6 miles). The district decides which school serves an address.

Listing information from MLS Property Information Network (MLS PIN), MLS #73481325, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.

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