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54 Shelby Street, Worcester MA 01605

$985,000

Estimated $2,398/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $197,000

Total Rent: 82200/year

Estimated CAP Rate:

13 Bedrooms

Baths

6450

Total Parking: 5

9,297 (0.21)

Calling all investors! Don't miss this incredible opportunity to add a high-performing asset to your portfolio. This expansive 5-unit multi-family home in Worcester features highly functional, tenant-friendly layouts in an ideal location just minutes from major commuter routes, local restaurants, and vibrant shopping districts. The property checks every box, offering coveted off-street parking and a shared backyard space—a truly rare find in the city. To top it off, four of the five units feature highly desirable, in-unit laundry hookups, a premium amenity that maximizes rental income potential. Schedule your showing today and make this Worcester powerhouse yours!

This home has been viewed 8 times

Last Checked: July 12th, 2026 at 6:03am (Source: MLS PIN #73545759)

Gross Income: $82,200

Gross Expenses: $9,610

Net Income Calc: $72,590

Water Views

Annual Expenses for 54 Shelby Street, Worcester MA 01605

Total Gross Expenses (Calculated)$9,610/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9610

Annual Income & Unit Breakdown for 54 Shelby Street, Worcester MA 01605

Total Gross Income (Calculated)$82,200

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 54 Shelby Street, Worcester MA 01605

Listing ID73545759

Property TypeMulti Family

Price985000 ($152.71/SqFt)

Style5+ Family - 5+ Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total6450

Approximate Lot Size (Acres)0.21

Total Parking5

Garage Parking0

Year Built1883

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 54 Shelby Street, Worcester MA 01605

Lead PaintNone

UFFINo

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsInflatable Hot Tub.

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 54 Shelby Street, Worcester MA 01605

Real Estate Taxes9610

Tax Year2025

Assessed Value$728,600

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 54 Shelby Street, Worcester MA 01605

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 54 Shelby Street, Worcester MA 01605

Agent

Name: The Balestracci Group

Office

Name: Lamacchia Realty, Inc.

Phone: 508-832-5324

Team Members

Payment Calculator

, Interest

Property Taxes 800.83

Principal & Interest 6069.26

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

The Balestracci Group

Agent Phone

Office Phone

(508) 832-5324

Text Agent Call Agent Call Office

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    [unparsed] => 54 Shelby Street, Worcester MA 01605
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EXIT

36 More Photos

Active

54 Shelby Street, Worcester MA 01605

$985,000

Annual Expenses for 54 Shelby Street, Worcester MA 01605

Annual Income & Unit Breakdown for 54 Shelby Street, Worcester MA 01605

General Information for 54 Shelby Street, Worcester MA 01605

Disclosures for 54 Shelby Street, Worcester MA 01605

Financial Information for 54 Shelby Street, Worcester MA 01605

Location Information for 54 Shelby Street, Worcester MA 01605

Contact Information for 54 Shelby Street, Worcester MA 01605

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Lamacchia Realty, Inc.

The Balestracci Group