Pending

249 Lincoln St

Worcester, MA 01605
Mark as Favorite
Bed 8

Bed

Bath 7

Bath

SqFt7,256

Sqft

Acres0.15

Acre(Lot)

249 Lincoln Street is a fully renovated mixed-use investment property located in Worcester, MA. The three-story building consists of seven (7) total units, including four 2-Bedroom/1-Bathroom apartments, one Studio apartment, and two Commercial units. The property contains approximately 7,135 square feet of gross living area within 11,635 square feet of gross building area and is situated on a 0.15-acre parcel with over four off-street parking spaces.The residential units have been recently renovated, helping drive strong rental income while minimizing future capital expenditures. Each unit is separately metered for heat, hot water, and electricity, which tenants pay directly, improving overall net operating income. The commercial units provide stable income with more than three years rema ining on both leases each with annual increases.The property strategically sits less than one block from UMass Memorial Medical Center – Hahnemann Campus and is offered at an 8.68% cap rate.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,300,000

AD Id : 76011093

MLS Id : 73484138

Beds : 8

Lot Size : 0.15 Acre

Living Area Size : 7,256

Year Built : 1920

County : Worcester

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

    Total Baths: 7 Full Baths: 5 Half Baths: 2

    Room Information

    Total Bedroom: 8
  • Heating & Cooling

    WaterSource: Public

  • Building Information

    Year Built: 1920
  • Exterior Features

    Foundation Details: Stone

  • Lot Information

    Lot Size Area: 0.15 Lot Size Units: Acres Lot Square Feet: 6,500 Lot Acres: 0.15 Stories: 5 Main Square Feet: 0.15

    Property Information

    Property Type: Residential Income Sub Type: 5+ Family - 5+ Units Up/DownSQ ft (Living Area): 7,256

  • Listing Price Information

    Original Listing Price: $1300000

  • Tax Information

    Parcel Number: M:09 B:013 L:00010,1770992 Annual Tax: $18245

  • Parking Information

    Parking Total: 4 Paved Drive, Off Street

  • Location Information

    Direction: Use GPS
Sell a home like this and save $77,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
44 Dominion Rd, Worcester, MA, 01605 $540,000 4 4 2,402 2,402 SqFt
43 Belcourt Rd, Worcester, MA, 01605 $389,900 3 1 968 968 SqFt
2 Natural History Dr., Worcester, MA, 01605 $364,000 2 1 1,312 1,312 SqFt
2 Amesbury St, Worcester, MA, 01605 $459,998 3 2 1,453 1,453 SqFt
39 Bullard Ave, Worcester, MA, 01605 $579,000 4 2 3,131 3,131 SqFt
104 1/2 Rodney St, Worcester, MA, 01605 $580,000 6 4 3,500 3,500 SqFt
2 E Kendall St, Worcester, MA, 01605 $699,900 9 3 2,952 2,952 SqFt
11 Wakefield St, Worcester, MA, 01605 $384,900 3 2 1,464 1,464 SqFt
3 Wallace St, Worcester, MA, 01605 $399,900 3 1 1,608 1,608 SqFt
53-B Prospect St, Worcester, MA, 01605 $439,000 3 3 2,100 2,100 SqFt

Copyright © 2026 by the Multiple Listing Service of the MLS Property Information Network, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the MLS Property Information Network, Inc. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 07/07/2026 @ 20:36

MLS: 73484138 LISTED BY: Ethan Lazar, Horvath & Tremblay 781-776-4000 SOURCE: MLS Property Information Network

Homes around $1,300,000

Selling? Save $77,501 when you sell a home like this

Tour with a ByOwner Agent