Active
96 Days on market
576 Franklin St Worcester — Photo 1 of 36

576 Franklin St Worcester — Photo 1 of 36

$949,900

576 Franklin St, Worcester, MA 01608

Worcester, MA 01608

Beds

9

Baths

3

SqFt

3,402

Style

3 Family - 3 Units Up/Down

Built

1910

Gorgeous city views and extensive updates make this impressive 3-family a standout opportunity for investors or owner occupants! Completely renovated from the studs in 2018 and freshly painted throughout, all 3 units are vacant and ready for new tenants at market rents. Each spacious apartment offers 6 rooms, 3 bedrooms and 1 full bath with high ceilings, hardwood flooring, generous living and dining rooms, excellent closet space and bright eat-in kitchens featuring white cabinetry, granite countertops and stainless steel appliances. Tiled baths, Nest thermostats and full-size stackable washer/dryers in EACH unit add convenience and appeal for today’s tenants. Major 2018 improvements included windows, electrical, super-efficient heating systems and hot water tanks, plus a newer shingled roof installed in 2023. A paved driveway provides an exceptional 9 off-street parking spaces! The extra-large lot offers intriguing possibilities for additional value, with potential for a single-family home or ADU—buyer to perform all due diligence regarding feasibility, zoning and permitting. Additional amenities include basement storage, storage shed and backyard space perfect for cookouts and outdoor enjoyment. And don’t miss the front-yard city views—including a terrific spot to watch Worcester’s 4th of July fireworks! A turnkey multi-family in a high-demand rental location with vacant units, substantial improvements, great parking and future potential—an outstanding opportunity to set your own rents and start fresh!

Immersive Experience

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$279/sqft
Local Avg (Worcester)$239/sqft
17% AboveMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Worcester, MA.

Property Details

Financials

Original Price$949,900
Annual Taxes$9,836

Parking

Garage0
Off-Street9

Interior Specifications

Total Rooms18
FireplacesNone
FlooringTile, Varies, Laminate, Hardwood
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingHot Water, Natural Gas, Baseboard
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
ZoningBL-1

Property & Lot

Acres0.25
SqFt Lot11,051
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access

Geography

Population

4,932

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$46K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

94.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Claire Rainville

Listing Office: REMAX Executive Realty

MLS® Number: 73535467

Browse More Homes in Worcester

Explore other active listings in the area.