Well-maintained 4-family investment property with tenant-at-will agreements in place, giving the next owner flexibility to make future changes as needed. The property sits on a generous lot with potential for improved outdoor use or additional finish work, subject to buyer due diligence and applicable approvals. Unit 2 has a rent increase currently in process, which is expected to improve the overall rent roll. Features include hardwood flooring throughout and gas heating systems. Strong rental property with upside for an investor seeking stable income and future value-add potential.
This home has been viewed 11 times
Last Checked: June 23rd, 2026 at 4:29am (Source: MLS PIN #73512572)
Gross Income: $80,100
Gross Expenses: $9,371
Net Income Calc: $70,729
Water Views
Annual Expenses for 15 Russell St, Worcester MA 01609
Total Gross Expenses (Calculated)$9,371/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9371
Annual Income & Unit Breakdown for 15 Russell St, Worcester MA 01609
Total Gross Income (Calculated)$80,100
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit0
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 15 Russell St, Worcester MA 01609
Listing ID73512572
Property TypeMulti Family / 4 Family
Price859999 ($174.41/SqFt)
Style4 Family - 4 Units Up/down
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4931
Approximate Lot Size (Acres)0.18
Total Parking6
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRG-5
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 15 Russell St, Worcester MA 01609
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsFireplace Mantel In Living Room Is Excluded.
Financial Data SourceEstimated
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 15 Russell St, Worcester MA 01609
Real Estate Taxes9371
Tax Year2025
Assessed Value$710,500
Financial Data SourceEstimated
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 15 Russell St, Worcester MA 01609
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 15 Russell St, Worcester MA 01609