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Active

576 Franklin St, Worcester MA 01608

$949,900

Estimated $2,360/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $316,633.33

Total Rent: 69600/year

Estimated CAP Rate:

9 Bedrooms

Baths

3402

Total Parking: 9

11,051 (0.25)

Gorgeous city views highlight this fully renovated 3-family, rebuilt to the studs in 2018! Each of the three spacious apartments offers 6 rooms, 3 bedrooms, 1 full bath, high ceilings, hardwood floors, generous living/dining rooms, ample closet space, and luxury eat-in kitchens with white cabinetry, granite countertops, and newer stainless-steel appliances (2-3 years old). Additional features include tiled baths, Nest thermostats, and full-size in-unit stackable washer/dryers. Major 2018 updates included windows, electrical, super-efficient heating systems, and hot water tanks. Recent shingled roof (2023) and paved driveway with 9 off-street parking spaces. Extra-large lot may offer potential for a single-family home or ADU for additional income (buyer to perform due diligence). Basement storage, shed, backyard for cookouts, and front-yard views of the city's 4th of July fireworks complete this amazing property for an owner occupied or savvy investor in a high-demand rental area!

This home has been viewed 31 times

Last Checked: June 17th, 2026 at 4:38am (Source: MLS PIN #73535467)

Gross Income: $69,600

Gross Expenses: $18,162

Net Income Calc: $51,438

Annual Expenses for 576 Franklin St, Worcester MA 01608

Total Gross Expenses (Calculated)$18,162/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9836

Annual Income & Unit Breakdown for 576 Franklin St, Worcester MA 01608

Total Gross Income (Calculated)$69,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 576 Franklin St, Worcester MA 01608

Listing ID73535467

Property TypeMulti Family / 3 Family

Price949900 ($279.22/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3402

Approximate Lot Size (Acres)0.25

Total Parking9

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningBL-1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 576 Franklin St, Worcester MA 01608

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Fridge

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 576 Franklin St, Worcester MA 01608

Real Estate Taxes9836

Tax Year2025

Assessed Value$745,700

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 576 Franklin St, Worcester MA 01608

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 576 Franklin St, Worcester MA 01608

Agent

Name: Claire Rainville

Office

Name: REMAX Executive Realty

Phone: 508-839-9219

Payment Calculator

, Interest

Property Taxes 819.67

Principal & Interest 5852.98

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

REMAX Executive Realty

Claire Rainville

Agent Phone

Office Phone

(508) 839-9219

Text Agent Call Agent Call Office

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    [unparsed] => 576 Franklin St, Worcester MA 01608
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EXIT

33 More Photos

Active

576 Franklin St, Worcester MA 01608

$949,900

Annual Expenses for 576 Franklin St, Worcester MA 01608

Annual Income & Unit Breakdown for 576 Franklin St, Worcester MA 01608

General Information for 576 Franklin St, Worcester MA 01608

Disclosures for 576 Franklin St, Worcester MA 01608

Financial Information for 576 Franklin St, Worcester MA 01608

Location Information for 576 Franklin St, Worcester MA 01608

Contact Information for 576 Franklin St, Worcester MA 01608

Agent

Office

Payment Calculator

Exclusive Listing Agent

REMAX Executive Realty

Claire Rainville