Back on Market, buyer got cold feet. Welcome to 18 Creston Street, a prime investment opportunity in the heart of Worcester's vibrant Shrewsbury Street neighborhood. This well-maintained two-family home offers a total of 6 bedrooms and 2 bathrooms across 1,632 square feet of living space. Each unit features 3 spacious bedrooms and 1 bathroom, providing comfortable living spaces for tenants. The property boasts oversized back decks, perfect for relaxation or entertaining, and ample off-street parking with multiple spaces. The unfinished basement offers plenty of room for storage, adding to the property's appeal. Situated on a dead-end street, this home provides a peaceful setting while being just steps away from the bustling Shrewsbury Street, renowned for its array of restaurants and entertainment options. Its proximity to UMASS Medical School, St. Vincent Hospital, Elm Park, bus/train station. 7 minute drive to Polar Park/Kelly Square.
This home has been viewed 125 times
Last Checked: February 20th, 2025 at 5:19am (Source: MLS PIN #73333690)
Gross Income: $38,400
Gross Expenses: $4,472
Net Income Calc: $33,928
CAP Rate: 6.18%
Annual Expenses for 18 Creston St, Worcester MA 01604
Total Gross Expenses (Calculated)$4,472/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,472
Annual Income & Unit Breakdown for 18 Creston St, Worcester MA 01604
Total Gross Income (Calculated)$38,400
Unit 1
Rental Income$1,600
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,600
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 18 Creston St, Worcester MA 01604
Listing ID73333690
Property TypeMulti Family
Price$549,000 ($336.4/SqFt)
StyleMulti Family
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total1,632 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking4
Garage Parking
Year Built1915
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRG-5
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 18 Creston St, Worcester MA 01604
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$38,400
Total Net Income By Broker$38,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 18 Creston St, Worcester MA 01604
Real Estate Taxes$4,472
Tax Year2024
Assessed Value$325,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$38,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$38,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.18%
Location Information for 18 Creston St, Worcester MA 01604
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 18 Creston St, Worcester MA 01604