Discover a rare mixed-use opportunity—home to the renowned Tu Moda Spa and 574 Chair & Suite, complemented by three beautifully renovated residential units. Encompassing approximately 12,000 square feet, this exceptional property blends upscale commercial luxury with ref...
This home has been viewed 14 times
Last Checked: May 24th, 2025 at 5:13am (Source: MLS PIN #73377390)
Gross Income: $127,200
Gross Expenses: $31,567
Net Income Calc: $95,633
CAP Rate: 2.55%
Annual Expenses for 574 Pleasant Street, Worcester MA 01602
Total Gross Expenses (Calculated)$31,567/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$31,567
Annual Income & Unit Breakdown for 574 Pleasant Street, Worcester MA 01602
Total Gross Income (Calculated)$127,200
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor0
Levels in Unit0
HeatingNo
Rent Includes
Unit 2
Rental Income$1,300
LeaseY
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
HeatingNo
Rent Includes
Unit 3
Rental Income$1,300
LeaseY
Bedrooms2
Bathrooms2 Full
Floor0
Levels in Unit0
HeatingNo
Rent Includes
Unit 4
Rental Income$8,000
Lease
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
HeatingNo
Rent Includes
General Information for 574 Pleasant Street, Worcester MA 01602
Listing ID73377390
Property TypeMulti Family / 4 Family
Price$3,750,000 ($312.5/SqFt)
Style4 Family
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total12,000 SqFt
Approximate Lot Size (Acres)0
Total Parking50
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since,Unknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsSee Remarks
Lot Features
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningRL-7
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 574 Pleasant Street, Worcester MA 01602
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureBuyer to do due diligence on all information provi
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$127,200
Total Net Income By Broker$127,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 574 Pleasant Street, Worcester MA 01602
Real Estate Taxes$31,567
Tax Year2025
Assessed Value$111,160
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$127,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$127,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.55%
Location Information for 574 Pleasant Street, Worcester MA 01602
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Park, Laundromat, Bike Path, Public Transportation, T-station
Contact Information for 574 Pleasant Street, Worcester MA 01602