Overview Property Details Payment Calculator Walkability

Active

22 Florence Street, Worcester MA 01610

$650,000

Estimated $1,729.22/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $130,000

Total Rent: 62400/year

Estimated CAP Rate: 8.35%

10 Bedrooms

5 Full Baths

3,300 SqFt

Total Parking: 6

6,325 SqFt

Location, value, and potential welcome to 22 Florence Street, a prime investment or owner-occupant opportunity just steps from Clark University! Whether you're looking for your next home or a smart addition to your rental portfolio, this property offers a solid foundation wi...

This home has been viewed 37 times

Last Checked: June 10th, 2025 at 6:03am (Source: MLS PIN #73386218)

Gross Income: $62,400

Gross Expenses: $8,103

Net Income Calc: $54,297

CAP Rate: 8.35%

Annual Expenses for 22 Florence Street, Worcester MA 01610

Total Gross Expenses (Calculated)$8,103/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,103

Annual Income & Unit Breakdown for 22 Florence Street, Worcester MA 01610

Total Gross Income (Calculated)$62,400

Unit 1

Rental Income$1,850

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(heat, Water), Unit 3(heat

Unit 2

Rental Income$700

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(heat, Water), Unit 3(heat

Unit 3

Rental Income$1,650

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(heat, Water), Unit 3(heat

Unit 4

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(heat, Water), Unit 3(heat

General Information for 22 Florence Street, Worcester MA 01610

Listing ID73386218

Property TypeMulti Family

Price$650,000 ($196.97/SqFt)

Style5+ Family - 5+ Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,300 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking6

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsStone

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 22 Florence Street, Worcester MA 01610

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$12,000

Total Gross Income By Broker$62,400

Total Net Income By Broker$50,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 22 Florence Street, Worcester MA 01610

Real Estate Taxes$8,103

Tax Year2025

Assessed Value$614,300

Financial Data Source

Total Gross Expenses By Broker$12,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$62,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$50,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.35%

Location Information for 22 Florence Street, Worcester MA 01610

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesUniversity

Contact Information for 22 Florence Street, Worcester MA 01610

Agent

Name: Marvens Francois

MLS ID: CN247907

Office ID: AC0600

National Association ID: 455027364

Address: 1 Bells Brook Road

City: Lakeville

State: MA

Zip: 02347

Office

Name: Town Hall Realty, Inc.

MLS Office ID: AC0600

Phone: 617-288-1388

Payment Calculator

$4,680.34 per month

30 Years Fixed, 6.75% Interest

Property Taxes $675.25

Principal & Interest $4,005.09

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Town Hall Realty, Inc.

Marvens Francois

Agent Phone

Office Phone

(617) 288-1388

Text Agent Call Agent Call Office

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EXIT

Active

22 Florence Street, Worcester MA 01610

$650,000

Annual Expenses for 22 Florence Street, Worcester MA 01610

Annual Income & Unit Breakdown for 22 Florence Street, Worcester MA 01610

General Information for 22 Florence Street, Worcester MA 01610

Disclosures for 22 Florence Street, Worcester MA 01610

Financial Information for 22 Florence Street, Worcester MA 01610

Location Information for 22 Florence Street, Worcester MA 01610

Contact Information for 22 Florence Street, Worcester MA 01610

Agent

Office

Payment Calculator

Exclusive Listing Agent

Town Hall Realty, Inc.

Marvens Francois