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Pending

13 Frank Street, Worcester MA 01604

$725,000

Estimated $1,748.25/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $241,666.67

Total Rent: 32400/year

Estimated CAP Rate: 2.27%

7 Bedrooms

4 Full, 1 Half Baths

4,156 SqFt

Total Parking: 6 (1 Garage)

5,000 SqFt

For the first time in over 40 years, 13 Frank Street is for sale. A classic three-unit multifamily located directly across from Route 9 and UMass Chan Medical School with 7 bedrooms and 3 baths. The property features three residential units, with one unit intentionally left vacant to provide flexibility for new ownership—whether for immediate occupancy, renovation, or leasing at market rate. Additionally, there is small parcel in the rear that offers the potential for conversion into an additional multifamily unit, already built out with a full bathroom. Positioned along Route 9 in Worcester and across from UMass’s medical campus, this asset benefits from strong, consistent rental demand driven by the area’s academic, medical, and research institutions. Each existing unit offers a spacious layout and solid rental history, making this an excellent opportunity for investors or owner-occupants. For more information or to schedule a showing please reach out to the listing brokers.

This home has been viewed 27 times

Last Checked: November 22nd, 2025 at 7:23am (Source: MLS PIN #73445091)

Gross Income: $32,400

Gross Expenses: $15,930

Net Income Calc: $16,470

CAP Rate: 2.27%

Annual Expenses for 13 Frank Street, Worcester MA 01604

Total Gross Expenses (Calculated)$15,930/year

APOD AvailableYes

Heating

Electricity

Water$4,684

Gas$4,684

Insurance$2,874

Sewer$4,684

Trash Removal

Repair & Maintenance$1,500

Management

Miscellaneous

Real Estate Tax$6,872

Annual Income & Unit Breakdown for 13 Frank Street, Worcester MA 01604

Total Gross Income (Calculated)$32,400

Unit 1

Rental Income$1,100

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,600

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 13 Frank Street, Worcester MA 01604

Listing ID73445091

Property TypeMulti Family / 3 Family

Price$725,000 ($174.45/SqFt)

Style3 Family

CityWorcester

CountyWorcester

MLS AreaEast Worcester

Neighborhood(s)

Approximate Living Area Total4,156 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking6 (1 Garage)

Garage Parking1 / Detached

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRL-7

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Ownership(public), 3/10 To 1/2 Mile To Beach, Lake/pond

Energy Features

Terms

Disclosures for 13 Frank Street, Worcester MA 01604

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceAppraiser

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$9,058

Total Gross Income By Broker$33,600

Total Net Income By Broker$17,670

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 13 Frank Street, Worcester MA 01604

Real Estate Taxes$6,872

Tax Year2025

Assessed Value$514,400

Financial Data Source

Total Gross Expenses By Broker$9,058

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$33,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$17,670

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.27%

Location Information for 13 Frank Street, Worcester MA 01604

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Worcester

Area Amenities

Contact Information for 13 Frank Street, Worcester MA 01604

Agent

Name: James Glickman

Office

Name: NAI Glickman Kovago & Jacobs

Phone: 508-753-9100

Payment Calculator

, Interest

Property Taxes 572.67

Principal & Interest 4467.22

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

NAI Glickman Kovago & Jacobs

James Glickman

Agent Phone

Office Phone

(508) 753-9100

Text Agent Call Agent Call Office

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EXIT

Pending

13 Frank Street, Worcester MA 01604

$725,000

Annual Expenses for 13 Frank Street, Worcester MA 01604

Annual Income & Unit Breakdown for 13 Frank Street, Worcester MA 01604

General Information for 13 Frank Street, Worcester MA 01604

Disclosures for 13 Frank Street, Worcester MA 01604

Financial Information for 13 Frank Street, Worcester MA 01604

Location Information for 13 Frank Street, Worcester MA 01604

Contact Information for 13 Frank Street, Worcester MA 01604

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NAI Glickman Kovago & Jacobs

James Glickman