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1 Pitt Street Worcester — Photo 1 of 3

1 Pitt Street Worcester — Photo 1 of 3

$719,900

Investment Analysis — 1 Pitt Street

Worcester, MA 01610

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 3-unit multi-family in 01610 carries an estimated $7,140/mo in gross rent — about a 7.82% cap rate and $56,278/yr in estimated NOI at the $719,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

3

SqFt

3,225

Style

3 Family

Built

1890

Great opportunity to own a well-maintained 3-family property! This property has been exceptionally cared for by the seller and is truly move-in ready. The roof is approximately 5 years old, and two of the three units have updated heating systems installed within the past 4 years. The property also offers off-street parking for up to 6 vehicles. With no major repairs needed, this is an excellent opportunity for an owner-occupant or investor looking for a solid multi-family property.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$719,900
Annual Taxes$8,839

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms15
FireplacesNone
FlooringTile, Laminate
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRES

Property & Lot

Acres0.11
SqFt Lot4,812
Lot Features--

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Listing Provided By

Listing Agent: Sinara Moreira

Listing Office: Dell Realty Inc.

MLS® Number: 73586604