$640,000 · For sale

PRIME WORCESTER 3-FAMILY INVESTMENT OPPORTUNITY! Fully occupied and generating $61,200 in annual gross rental income ($5,100/month)! This income-producing multifamily features 7 bedrooms, 3 full baths, spacious layouts, cosmetic updates, abundant basement storage, an outdoor shed, and a fenced backyard. Lead compliant. Tenants currently utilize a nearby parking lot as an alternative to on-site parking. Ideally located on Belmont Street (Route 9), minutes from UMass Memorial Medical Center, Shrewsbury Street's dining district, downtown Worcester, Union Station, I-290, I-90/Mass Pike, universities, and shopping. An excellent opportunity for investors seeking immediate cash flow and long-term potential. Rear porch was enclosed to gain additional sqft. SHOWINGS BEGIN AT OPEN HOUSE SATURDAY, NOVEMBER 7, 11 AM–1 PM!
256 Belmont St is a multi-family home for sale in Worcester, MA 01604 with 3,090 square feet, asking $640,000. It was built in 1923. It has been on our site since November 1, 2026.
At $207 a square foot, it compares with a median of $218 among the 108 other multi-family homes for sale in Worcester with a stated size.
The whole property at this address is assessed at $565,600 for fiscal year 2026. The assessor lists a lot of 0.11 acres.
It scores 80 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 1.1 miles away. The closest bus stop is Belmont St at Oden (WRTA route 24), about 0.1 miles away.
The closest public schools by level are Belmont Street Community (0.4 miles), Worcester East Middle (1.5 miles) and Worcester Technical High (0.3 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73597425, 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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