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15 Circuit Ave E, Worcester MA 01603

$900,000

Estimated $2,338/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $225,000

Total Rent: 51600/year

Estimated CAP Rate:

12 Bedrooms

Baths

4196

Total Parking: 3

8,100 (0.19)

Prime 4-Unit Multifamily in Worcester’s Prestigious Columbus Park Neighborhood! This well-maintained property features four spacious 3-bedroom apartments, each with separate heat and electric meters, and showcases several recent updates throughout. Ideally located on a tree-lined street in one of Worcester’s most desirable areas—an established residential enclave known for its large, stately homes—just minutes from Clark University, Worcester State, Coes Reservoir, and the Hadwen Arboretum. Three units are currently leased with expirations or renewal opportunities approaching, while one beautifully renovated unit is vacant and ready for immediate occupancy. Comparable 3-bedroom apartments in the area are currently achieving average rents of approximately $2,400 per month, further underscoring the property’s income potential.

This home has been viewed 97 times

Last Checked: December 3rd, 2025 at 5:29am (Source: MLS PIN #73388191)

Gross Income: $51,600

Gross Expenses: $10,539

Net Income Calc: $41,061

Annual Expenses for 15 Circuit Ave E, Worcester MA 01603

Total Gross Expenses (Calculated)$10,539/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10539

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

Total Gross Income (Calculated)$51,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 15 Circuit Ave E, Worcester MA 01603

Listing ID73388191

Property TypeMulti Family / 4 Family

Price900000 ($214.49/SqFt)

Style4 Family

CityWorcester

CountyWorcester

Approximate Living Area Total4196

Approximate Lot Size (Acres)0.19

Total Parking3

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRes

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 15 Circuit Ave E, Worcester MA 01603

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsDoor Knocker.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Compensation Based OnNet Sale Price

Financial Information for 15 Circuit Ave E, Worcester MA 01603

Real Estate Taxes10539

Tax Year2025

Assessed Value$799,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 15 Circuit Ave E, Worcester MA 01603

Area AmenitiesWalk/jog Trails

Contact Information for 15 Circuit Ave E, Worcester MA 01603

Agent

Name: Ben Hicks

Office

Name: Bridgemont Realty LLC

Phone: 617-529-0751

Payment Calculator

, Interest

Property Taxes 878.25

Principal & Interest 5545.51

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Bridgemont Realty LLC

Ben Hicks

Agent Phone

Office Phone

(617) 529-0751

Text Agent Call Agent Call Office

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    [description] => Prime 4-Unit Multifamily in Worcester’s Prestigious Columbus Park Neighborhood! This well-maintained property features four spacious 3-bedroom apartments, each with separate heat and electric meters, and showcases several recent updates throughout. Ideally located on a tree-lined street in one of Worcester’s most desirable areas—an established residential enclave known for its large, stately homes—just minutes from Clark University, Worcester State, Coes Reservoir, and the Hadwen Arboretum. Three units are currently leased with expirations or renewal opportunities approaching, while one beautifully renovated unit is vacant and ready for immediate occupancy. Comparable 3-bedroom apartments in the area are currently achieving average rents of approximately $2,400 per month, further underscoring the property’s income potential.
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EXIT

28 More Photos

Withdrawn

15 Circuit Ave E, Worcester MA 01603

$900,000

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

Payment Calculator

Exclusive Listing Agent

Bridgemont Realty LLC

Ben Hicks