- For Sale $1,395,000
- Property Type Multi-Family
- Property Size 8,238 SF
- Units 9
- Lot Size 0.18 Acre
- Year Built 1920
- Date Updated Aug 25, 2026
Description
Worcester's cultural scene punches well above its weight, and the Canal District — the most-watched neighborhood in Central Massachusetts — is its creative heart: a walkable mix of restaurants, breweries, music venues, and galleries minutes from the property.
Polar Park, the 9,508-seat home of the Worcester Red Sox (the Triple-A affiliate of the Boston Red Sox), opened in 2021 on a 35-year lease and draws more than 500,000 fans a season, ranking among the top two minor-league clubs in the country by attendance. Its arrival reset the trajectory of every surrounding block, pulling The Revington, The Cove, and a wave of new restaurants and housing into the district a short walk from the property.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.
Highlights
- 44 Miles to Boston
- Flooring & Plumbing Updated 2025
- Ground-Floor Commercial Income
- In Worcester's Canal District
- Income Today, Upside Ahead
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Contacts
Taylor Perun
Northeast Private Client Group
Location
Located at 148-152 Millbury Street, Worcester, MA 01610, this property is part of the South Worcester neighborhood and Worcester Springfield market.
Contact Listing Broker
Taylor Perun
Northeast Private Client Group