Fully rented 8 unit multi-family property available in WPI area of Worcester! Offering a driveway and a two car garage for off street parking, as well as a small yard area. The building has been cared for by the same owner for decades and it shows! Well maintained, cash flowing investment property only steps to the heart of the WPI campus, close to the Worcester Art Museum and minutes from the highway!
This home has been viewed 15 times
Last Checked: June 26th, 2026 at 4:29am (Source: MLS PIN #73528051)
Gross Income: $60,600
Gross Expenses: $56,578
Net Income Calc: $4,022
Annual Expenses for 14-16 Dean St, Worcester MA 01609
Total Gross Expenses (Calculated)$56,578/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax13700
Annual Income & Unit Breakdown for 14-16 Dean St, Worcester MA 01609
Total Gross Income (Calculated)$60,600
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 14-16 Dean St, Worcester MA 01609
Listing ID73528051
Property TypeMulti Family / 5+ Family
Price1200000 ($230.55/SqFt)
Style5-9 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total5205
Approximate Lot Size (Acres)0.23
Total Parking8 (2 Garage)
Garage Parking2
Year Built1940
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRG-5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 14-16 Dean St, Worcester MA 01609
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator And Some Personal Belongings
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 14-16 Dean St, Worcester MA 01609
Real Estate Taxes13700
Tax Year2026
Assessed Value$987,800
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 14-16 Dean St, Worcester MA 01609
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 14-16 Dean St, Worcester MA 01609