Amazing opportunity for first-time home buyers and investors alike! This updated 4-family home is located in one of Worcester’s most sought-after neighborhoods and delivers a strong 9.5% cap rate with stable, long-term tenants. Live in one unit and let the rental income from...
This home has been viewed 24 times
Last Checked: June 24th, 2025 at 7:28am (Source: MLS PIN #73391158)
Gross Income: $77,532
Gross Expenses: $17,606
Net Income Calc: $59,926
CAP Rate: 6.67%
Annual Expenses for 14 Gage St, Worcester MA 01605
Total Gross Expenses (Calculated)$17,606/year
APOD AvailableNo
Heating
Electricity
Water$3,000
Gas$3,000
Insurance$6,000
Sewer$3,000
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,606
Annual Income & Unit Breakdown for 14 Gage St, Worcester MA 01605
Total Gross Income (Calculated)$77,532
Unit 1
Rental Income$1,661
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$2,400
LeaseY
Bedrooms3
Bathrooms1 Full
Floor0
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$2,400
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 14 Gage St, Worcester MA 01605
Listing ID73391158
Property TypeMulti Family / 4 Family
Price$899,000 ($173.62/SqFt)
Style4 Family - 4 Units Up/down
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total5,178 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking2
Garage Parking
Year Built1895
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
ZoningRG-5
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesBeach Ownership(public), Lake/pond, 1 To 2 Mile To Beach
Energy Features
Terms
Disclosures for 14 Gage St, Worcester MA 01605
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureOne unit is below street grade, but above sloped g
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$9,000
Total Gross Income By Broker$77,532
Total Net Income By Broker$68,532
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 14 Gage St, Worcester MA 01605
Real Estate Taxes$8,606
Tax Year2025
Assessed Value$652,500
Financial Data Source
Total Gross Expenses By Broker$9,000
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$77,532
BostonRealEstate.com Gross Income
Total Net Income By Broker$68,532
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.67%
Location Information for 14 Gage St, Worcester MA 01605
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, University
Contact Information for 14 Gage St, Worcester MA 01605