Exceptional investment opportunity in the heart of Worcester! This massive 3-family property offers an impressive total of 9 bedrooms and 3 bathrooms, making it ideal for investors seeking strong rental income potential or owner-occupants looking for a value-add opportunity. The property features spacious units with flexible layouts and abundant living space. With more than 10 parking spaces available, this is a rare find that adds significant value and convenience for tenants. Conveniently located near local amenities, public transportation, and major routes, this property is well-positioned for long-term appreciation and cash flow. Don’t miss this rare chance to acquire a high-capacity multi-family property with tremendous upside in a growing Worcester market. Unit 3 will be delivered vacant. Roof 9 years; 3rd floor has new heating system (2025) - New water heater 1st and 2nd floor (2025).
This home has been viewed 19 times
Last Checked: June 23rd, 2026 at 4:38am (Source: MLS PIN #73534091)
Gross Income: $30,600
Gross Expenses: $9,672
Net Income Calc: $20,928
Annual Expenses for 14 Derby St, Worcester MA 01604
Total Gross Expenses (Calculated)$9,672/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9672
Annual Income & Unit Breakdown for 14 Derby St, Worcester MA 01604
Total Gross Income (Calculated)$30,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 14 Derby St, Worcester MA 01604
Listing ID73534091
Property TypeMulti Family / 3 Family
Price699000 ($176.78/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3954
Approximate Lot Size (Acres)0.14
Total Parking14 (2 Garage)
Garage Parking2
Year Built1915
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 14 Derby St, Worcester MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
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 14 Derby St, Worcester MA 01604
Real Estate Taxes9672
Tax Year2025
Assessed Value$733,300
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 14 Derby St, Worcester MA 01604
Neighborhood(s)
Area Amenities
Contact Information for 14 Derby St, Worcester MA 01604