9% Cap Rate Investment Property!!!! Introducing Worcester's most impressive multi-family -perfect for both investors and owner-occupants. This home has been thoughtfully renovated, both inside and out with care, quality craftsmanship and will bring its new owner carefree living, maximized rental values and low maintenance for years to come. Inside find modern, expansive units with open floor plan; cooktop islands w. breakfast bar, updated cabinets, flooring, tile, appliances and in-unit washer/dryer stations. Outside all exterior components are brand new, i.e. siding, gutters, large driveway, bulkhead & windows. The renovations extend far beyond cosmetics—including all new hot air furnaces, electric water heaters, dry basement with a new concrete pad and exterior French drain. All this and the convenience of a prime yet peaceful location, close to Holy Cross, Mass Pike, Rt 20/Auburn Line, Rt 146 & I290. This is a rare opportunity.
This home has been viewed 17 times
Last Checked: June 24th, 2026 at 7:13am (Source: MLS PIN #73516804)
Gross Income: $85,200
Gross Expenses: $6,731
Net Income Calc: $78,469
Annual Expenses for 19 Reeves St, Worcester MA 01607
Total Gross Expenses (Calculated)$6,731/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6731
Annual Income & Unit Breakdown for 19 Reeves St, Worcester MA 01607
Total Gross Income (Calculated)$85,200
Unit 1
Rental Income$0
LeaseN
Bedrooms3
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
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 19 Reeves St, Worcester MA 01607
Listing ID73516804
Property TypeMulti Family / 3 Family
Price799900 ($229.07/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
MLS AreaCollege Hill
Neighborhood(s)
Approximate Living Area Total3492
Approximate Lot Size (Acres)0
Total Parking5
Garage Parking0
Year Built2026
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic,individual Meter
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRL-7
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 19 Reeves St, Worcester MA 01607
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTv On The Deck And Garage Tv
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 19 Reeves St, Worcester MA 01607
Real Estate Taxes6731
Tax Year2025
Assessed Value$785,000
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 19 Reeves St, Worcester MA 01607
Neighborhood(s)
MLS AreaCollege Hill
Area AmenitiesWalk/jog Trails
Contact Information for 19 Reeves St, Worcester MA 01607