Well-Maintained 3-Unit in the Heart of Charlton – Market Rents ~$5,000 Welcome to 32 Worcester Road, a rare opportunity to own a solid 3-unit multifamily in one of Charlton’s most desirable and fast-growing areas. Whether you're a first-time buyer or seasoned investor, this property offers strong rental potential with market rents estimated at $5,000+ per month. Each unit features private entrances, off-street parking, and convenient access to major highways and public transit. The property is in good condition, with recent updates to the roofing, plumbing, and electrical systems, offering peace of mind and minimal maintenance. A smart investment with both immediate cash flow and long-term upside. Unit 3 is a commercial unit.
This home has been viewed 51 times
Last Checked: July 29th, 2025 at 4:29am (Source: MLS PIN #73403862)
Gross Income: $49,200
Gross Expenses: $3,806
Net Income Calc: $45,394
CAP Rate: 9.36%
Annual Expenses for 32 Worcester Rd, Charlton MA 01507
Total Gross Expenses (Calculated)$3,806/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,806
Annual Income & Unit Breakdown for 32 Worcester Rd, Charlton MA 01507
Total Gross Income (Calculated)$49,200
Unit 1
Rental Income$1,500
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$1,800
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$800
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 32 Worcester Rd, Charlton MA 01507
Listing ID73403862
Property TypeMulti Family / 3 Family
Price$484,995 ($202.59/SqFt)
Style3 Family
CityCharlton
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,394 SqFt
Approximate Lot Size (Acres)0.66 acres
Total Parking7
Garage Parking
Year Built1880
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningCB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 32 Worcester Rd, Charlton MA 01507
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$49,200
Total Net Income By Broker$49,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 32 Worcester Rd, Charlton MA 01507
Real Estate Taxes$3,806
Tax Year2025
Assessed Value$342,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$49,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$49,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)9.36%
Location Information for 32 Worcester Rd, Charlton MA 01507
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Private School
Contact Information for 32 Worcester Rd, Charlton MA 01507