Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Withdrawn

15 Circuit Ave E, Worcester MA 01603

$959,000

Estimated $2,371.51/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $239,750

Total Rent: 65400/year

Estimated CAP Rate: 5.80%

12 Bedrooms

4 Full Baths

4,196 SqFt

Total Parking: 3

8,100 SqFt

Investment Opportunity in a Prime Residential Area! This spacious and well-maintained 4-family home presents a fantastic opportunity for both investors and owner-occupants. Located in a desirable residential neighborhood, this property is a proven income generator with potential for excellent returns. Each unit is thoughtfully designed and offers comfort and convenience to tenants. The property is close to schools, shopping centers, and major transportation routes, making it an ideal choice for renters seeking accessibility. Whether you’re looking to grow your real estate portfolio or occupy one unit while renting the others, this property is a versatile and profitable investment. Don’t miss out on this chance to own a lucrative multi-family home in a highly sought-after area!

This home has been viewed 113 times

Last Checked: March 24th, 2025 at 4:19am (Source: MLS PIN #73299421)

Gross Income: $65,400

Gross Expenses: $9,798

Net Income Calc: $55,602

CAP Rate: 5.80%

Annual Expenses for 15 Circuit Ave E, Worcester MA 01603

Total Gross Expenses (Calculated)$9,798/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,798

Annual Income & Unit Breakdown for 15 Circuit Ave E, Worcester MA 01603

Total Gross Income (Calculated)$65,400

Unit 1

Rental Income$1,300

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,300

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,400

Lease

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 4

Rental Income$1,450

Lease

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 15 Circuit Ave E, Worcester MA 01603

Listing ID73299421

Property TypeMulti Family / 4 Family

Price$959,000 ($228.55/SqFt)

Style4 Family - 4 Units Side By Side

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,196 SqFt

Approximate Lot Size (Acres)0.19 acres

Total Parking3

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone,Granite

Accessible Features

Outdoor SpaceDeck, Enclosed

ZoningRes

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 15 Circuit Ave E, Worcester MA 01603

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$65,400

Total Net Income By Broker$65,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 15 Circuit Ave E, Worcester MA 01603

Real Estate Taxes$9,798

Tax Year2024

Assessed Value$712,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$65,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$65,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.80%

Location Information for 15 Circuit Ave E, Worcester MA 01603

Elementary School

Middle School

High SchoolSouth High

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Pool, Tennis Court(s), University, Sidewalks

Contact Information for 15 Circuit Ave E, Worcester MA 01603

Agent

Name: Elaine Evans Group

Office

Name: RE/MAX Generations

Phone: 508-488-9892

Team Members

Payment Calculator

, Interest

Property Taxes 816.5

Principal & Interest 5909.05

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Generations

Elaine Evans Group

Agent Phone

Office Phone

(508) 488-9892

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.19 acres (8,100 SqFt)
    [add_date] => 2024-10-09 20:28:11
    [address] => Circuit Ave E
    [agent] => Array
        (
            [address] => 
            [city] => 
            [id] => TM330943
            [name] => Elaine Evans Group
            [national_association] => 
            [office] => AN7349
            [state] => 
            [zip] => 
        )

[apod_available] => Array
        (
            [0] => Yes
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 4,196 SqFt
    [approx_lot_size_acres] => 0.19 acres
    [approx_lot_size_sqft] => 8,100 SqFt
    [assessed_value] => $712,600
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 4 Full
    [bedrooms] => 12
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 15 Circuit Ave E Worcester
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 4 Family
        )

[c_type] => Multi Family
    [cap_rate] => 5.80%
    [city] => Worcester
    [community_features] => Array
        (
            [0] => Walk/jog Trails
            [1] => Public School
            [2] => Shopping
            [3] => Park
            [4] => Medical Facility
            [5] => Laundromat
            [6] => Public Transportation
            [7] => Pool
            [8] => Tennis Court(s)
            [9] => University
            [10] => Sidewalks
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Worcester
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Investment Opportunity in a Prime Residential Area! This spacious and well-maintained 4-family home presents a fantastic opportunity for both investors and owner-occupants. Located in a desirable residential neighborhood, this property is a proven income generator with potential for excellent returns. Each unit is thoughtfully designed and offers comfort and convenience to tenants. The property is close to schools, shopping centers, and major transportation routes, making it an ideal choice for renters seeking accessibility. Whether you’re looking to grow your real estate portfolio or occupy one unit while renting the others, this property is a versatile and profitable investment. Don’t miss out on this chance to own a lucrative multi-family home in a highly sought-after area!
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
            [0] => Insulated Windows
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Stone,Granite
        )

[frontage_length] => 
    [full_baths] => 4
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $65,400
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => Yes
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => South High
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 551500
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2025-03-24 04:19:09
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 4,196 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73299421
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 55602
    [net_operating_income] => Array
        (
            [0] => $65,400
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 4
    [office] => Array
        (
            [id] => AN7349
            [name] => RE/MAX Generations
            [phone] => 508-488-9892
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
            [0] => Deck
            [1] => Enclosed
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 508-954-9019
    [pool_features] => Array
        (
        )

[price] => $959,000
    [price_per_sqft] => 228.55
    [price_per_unit] => 239750
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => 4 Family - 4 Units Side By Side
        )

[real_estate_tax] => $9,798
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 22
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Withdrawn
        )

[street_number] => 15
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2024
    [team] => Array
        (
            [0] => Array
                (
                    [id] => TM330943
                    [name] => Elaine Evans Group
                    [phone] => 508-954-9019
                    [address] => 
                    [city] => 
                    [state] => 
                    [zip] => 
                    [office] => AN7349
                    [national_association] => 
                )

)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 9798
    [total_gross_income] => 65400
    [total_parking] => 3
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 1300
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 4
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 1300
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 3
    [unit_3_floor] => 2
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 1400
        )

[unit_4_bathrooms] => 1 Full
    [unit_4_bedrooms] => 3
    [unit_4_floor] => 2
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 1
    [unit_4_rent] => Array
        (
            [0] => 1450
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 15 Circuit Ave E, Worcester MA 01603
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1910
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01603
    [zoning] => Res
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 81488046
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/551500/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[1] => Array
                (
                    [id] => 81488069
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[2] => Array
                (
                    [id] => 81488070
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[3] => Array
                (
                    [id] => 81488071
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[4] => Array
                (
                    [id] => 81488072
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[5] => Array
                (
                    [id] => 81488073
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[6] => Array
                (
                    [id] => 81488074
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[7] => Array
                (
                    [id] => 81488075
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[8] => Array
                (
                    [id] => 81488076
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[9] => Array
                (
                    [id] => 81488077
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[10] => Array
                (
                    [id] => 81488078
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[11] => Array
                (
                    [id] => 81488079
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[12] => Array
                (
                    [id] => 81488080
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[13] => Array
                (
                    [id] => 81488081
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[14] => Array
                (
                    [id] => 81488082
                    [name] => MLS15.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=15
                    [index] => 15
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

[15] => Array
                (
                    [id] => 81488083
                    [name] => MLS16.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73299421&w=1024&h=768&n=16
                    [index] => 16
                    [enabled] => 1
                    [created] => 2025-03-24 04:19:09
                    [modified] => 2025-03-24 04:19:09
                )

)

)

EXIT

Withdrawn

15 Circuit Ave E, Worcester MA 01603

$959,000

Annual Expenses for 15 Circuit Ave E, Worcester MA 01603

Annual Income & Unit Breakdown for 15 Circuit Ave E, Worcester MA 01603

General Information for 15 Circuit Ave E, Worcester MA 01603

Disclosures for 15 Circuit Ave E, Worcester MA 01603

Financial Information for 15 Circuit Ave E, Worcester MA 01603

Location Information for 15 Circuit Ave E, Worcester MA 01603

Contact Information for 15 Circuit Ave E, Worcester MA 01603

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

RE/MAX Generations

Elaine Evans Group