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18 Elizabeth St, Worcester MA 01605

$849,000

Estimated $2,184.65/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $283,000

Total Rent: 86352/year

Estimated CAP Rate: 9.03%

9 Bedrooms

3 Full Baths

3,564 SqFt

Total Parking: 3

4,915 SqFt

Turnkey 3-family in the heart of Worcester! Fully renovated in 2023, this building features three spacious 3-bedroom, 1-bath units, each thoughtfully updated with new kitchens (granite counters and a full complement of appliances), modern baths, and separate utilities. With over 3,500 sq ft of living space, off-street parking, a large basement for storage, and new electrical, plumbing, heating, and roof - all the major work is done. Strong rental history with total monthly income of over $7,000 and solid tenants in place. Conveniently located near I-290, UMASS, and downtown, this investment offers steady cash flow and future appreciation. Perfect for investors or owner-occupants. Group showings for 1 unit; entire property accessible with accepted offer. Do not walk the property without an appointment, fully occupied.

This home has been viewed 22 times

Last Checked: July 6th, 2025 at 4:45am (Source: MLS PIN #73398667)

Gross Income: $86,352

Gross Expenses: $9,696

Net Income Calc: $76,656

CAP Rate: 9.03%

Annual Expenses for 18 Elizabeth St, Worcester MA 01605

Total Gross Expenses (Calculated)$9,696/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,696

Annual Income & Unit Breakdown for 18 Elizabeth St, Worcester MA 01605

Total Gross Income (Calculated)$86,352

Unit 1

Rental Income$2,171

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$2,525

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

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

Unit 3

Rental Income$2,500

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

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

General Information for 18 Elizabeth St, Worcester MA 01605

Listing ID73398667

Property TypeMulti Family / 3 Family

Price$849,000 ($238.22/SqFt)

Style3 Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,564 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking3

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 18 Elizabeth 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$0

Total Gross Income By Broker$86,352

Total Net Income By Broker$86,352

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 18 Elizabeth St, Worcester MA 01605

Real Estate Taxes$9,696

Tax Year2025

Assessed Value$735,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$86,352

BostonRealEstate.com Gross Income

Total Net Income By Broker$86,352

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.03%

Location Information for 18 Elizabeth St, Worcester MA 01605

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 18 Elizabeth St, Worcester MA 01605

Agent

Name: Adam Duffy

MLS ID: CN237137

Office ID: AN5361

National Association ID: 453014902

Address: 33 St. James Road

City: Shrewsbury

State: MA

Zip: 01545

Office

Name: The O'Rourke Group Real Estate Professionals

MLS Office ID: AN5361

Phone: 774-312-6615

Team Members

Payment Calculator

, Interest

Property Taxes 808

Principal & Interest 5231.27

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The O'Rourke Group Real Estate Professionals

Adam Duffy

Agent Phone

Office Phone

(774) 312-6615

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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[terms] => Array
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[uffi] => Array
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[utilities] => Array
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[water] => Array
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[water_expense] => Array
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[water_views] => Array
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[water_views_features] => Array
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[year_built] => 1890
    [year_built_details] => Approximate
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    [zoning] => RG-5
    [zoning_details] => 
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EXIT

Active

18 Elizabeth St, Worcester MA 01605

$849,000

Annual Expenses for 18 Elizabeth St, Worcester MA 01605

Annual Income & Unit Breakdown for 18 Elizabeth St, Worcester MA 01605

General Information for 18 Elizabeth St, Worcester MA 01605

Disclosures for 18 Elizabeth St, Worcester MA 01605

Financial Information for 18 Elizabeth St, Worcester MA 01605

Location Information for 18 Elizabeth St, Worcester MA 01605

Contact Information for 18 Elizabeth St, Worcester MA 01605

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

The O'Rourke Group Real Estate Professionals

Adam Duffy