Fantastic investment opportunity in one of Worcester’s most desirable neighborhoods! This well-maintained 4-family property offers a strong 9.5% cap rate with solid, reliable tenants and steady income. Each unit is spacious and has been updated in recent years, blending mode...
This home has been viewed 19 times
Last Checked: July 1st, 2025 at 5:33am (Source: MLS PIN #73391157)
Gross Income: $113,400
Gross Expenses: $20,746
Net Income Calc: $92,654
CAP Rate: 9.76%
Annual Expenses for 27 Shelby St, Worcester MA 01605
Total Gross Expenses (Calculated)$20,746/year
APOD AvailableYes
Heating
Electricity
Water$8,000
Gas$8,000
Insurance$4,000
Sewer$8,000
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,746
Annual Income & Unit Breakdown for 27 Shelby St, Worcester MA 01605
Total Gross Income (Calculated)$113,400
Unit 1
Rental Income$1,650
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,850
LeaseN
Bedrooms4
Bathrooms4 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$2,600
LeaseN
Bedrooms4
Bathrooms4 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$2,350
LeaseN
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 27 Shelby St, Worcester MA 01605
Listing ID73391157
Property TypeMulti Family / 4 Family
Price$949,000 ($184.31/SqFt)
Style4 Family - 4 Units Up/down
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total5,149 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking6 (1 Garage)
Garage Parking1 / Detached
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor SpaceDeck, Porch
ZoningRG-5
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features1 To 2 Mile To Beach
Energy Features
Terms
Disclosures for 27 Shelby St, Worcester MA 01605
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$113,400
Total Net Income By Broker$113,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 27 Shelby St, Worcester MA 01605
Real Estate Taxes$8,746
Tax Year2025
Assessed Value$663,100
Financial Data Source
Total Gross Expenses By Broker$12,000
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$113,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$113,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)9.76%
Location Information for 27 Shelby 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, Public Transportation, T-station, University
Contact Information for 27 Shelby St, Worcester MA 01605