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328 Brooks St, Worcester MA 01606

$695,000

Estimated $1,793/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $231,666.67

Total Rent: 64200/year

Estimated CAP Rate:

5 Bedrooms

Baths

2926

Total Parking: 12 (2 Garage)

10,360 (0.24)

Opportunity to own a mixed-use multifamily property in Worcester’s BL-1 zone, just off I-190 at the Mountain St exit. This is 3-family building with two, 2-bedroom units, one, 1-bedroom unit, and an oversized 26'x26' detached heated garage generating additional income. Current rents total $5,350/month. Situated on a 10,360 SF lot with 8 off-street parking spaces. This property offers cash flow and future upside for investors, owner-users, or buyers seeking a commercially zoned location with excellent highway access. City water/sewer, natural gas, and convenient access to major routes, downtown Worcester, and area amenities make this a versatile and appealing asset. All units TAW. All units and garage separately metered gas & electric with owner panel. Water heaters circa 2022, 2023 & 2024. Recent improvements include repointing of the fieldstone foundation, per seller.

This home has been viewed 4 times

Last Checked: July 5th, 2026 at 5:53am (Source: MLS PIN #73494972)

Gross Income: $64,200

Gross Expenses: $7,993

Net Income Calc: $56,207

Water Views

Annual Expenses for 328 Brooks St, Worcester MA 01606

Total Gross Expenses (Calculated)$7,993/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7993

Annual Income & Unit Breakdown for 328 Brooks St, Worcester MA 01606

Total Gross Income (Calculated)$64,200

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 328 Brooks St, Worcester MA 01606

Listing ID73494972

Property TypeMulti Family / 3 Family

Price695000 ($237.53/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2926

Approximate Lot Size (Acres)0.24

Total Parking12 (2 Garage)

Garage Parking2

Year Built1925

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBL-1

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 328 Brooks St, Worcester MA 01606

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsStaging And Personal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 328 Brooks St, Worcester MA 01606

Real Estate Taxes7993

Tax Year2025

Assessed Value$408,100

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 328 Brooks St, Worcester MA 01606

Neighborhood(s)

Area Amenities

Contact Information for 328 Brooks St, Worcester MA 01606

Agent

Name: Carl Heitman

Office

Name: Property Investors & Advisors, LLC

Phone: 774-413-0272

Team Members

Payment Calculator

, Interest

Property Taxes 666.08

Principal & Interest 4282.37

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Property Investors & Advisors, LLC

Carl Heitman

Agent Phone

Office Phone

(774) 413-0272

Text Agent Call Agent Call Office

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    [unparsed] => 328 Brooks St, Worcester MA 01606
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EXIT

29 More Photos

Active

328 Brooks St, Worcester MA 01606

$695,000

Annual Expenses for 328 Brooks St, Worcester MA 01606

Annual Income & Unit Breakdown for 328 Brooks St, Worcester MA 01606

General Information for 328 Brooks St, Worcester MA 01606

Disclosures for 328 Brooks St, Worcester MA 01606

Financial Information for 328 Brooks St, Worcester MA 01606

Location Information for 328 Brooks St, Worcester MA 01606

Contact Information for 328 Brooks St, Worcester MA 01606

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Property Investors & Advisors, LLC

Carl Heitman