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124 Belmont St, Worcester MA 01605

$565,000

Estimated $1,292/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $282,500

Total Rent: 49200/year

Estimated CAP Rate:

4 Bedrooms

Baths

2074

Total Parking: 0

3,000 (0.07)

Don't miss this maintained and updated two-family home offering an excellent opportunity for both owner-occupants and investors. The first-floor unit features 3 bedrooms and 1 full bath, while the second-floor unit offers 1 bedroom and 1 full bath. Both units have been thoughtfully updated and are move-in ready, providing flexibility for multigenerational living, owner occupancy with rental income, or investment.With estimated market rents of approximately $2,600 for the 3-bedroom unit and $1,500 for the 1-bedroom unit, this property offers strong income potential. Separate utilities add convenience for owners and tenants alike.Conveniently located near hospitals, UMass Memorial Medical Center, schools, shopping, restaurants, public transportation, and major highways, this property provides easy access to everything Worcester has to offer.The rear egress stairs and deck will be repaired or replaced and brought into code compliance prior to closing. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income while building equity, this property is one you won't want to miss.

This home has been viewed 13 times

Last Checked: July 25th, 2026 at 7:48am (Source: MLS PIN #73554469)

Gross Income: $49,200

Gross Expenses: $4,516

Net Income Calc: $44,684

Annual Expenses for 124 Belmont St, Worcester MA 01605

Total Gross Expenses (Calculated)$4,516/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4516

Annual Income & Unit Breakdown for 124 Belmont St, Worcester MA 01605

Total Gross Income (Calculated)$49,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 124 Belmont St, Worcester MA 01605

Listing ID73554469

Property TypeMulti Family / 2 Family

Price565000 ($272.42/SqFt)

Style2 Family - 2 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2074

Approximate Lot Size (Acres)0.07

Total Parking0

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBL-1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 124 Belmont St, Worcester MA 01605

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

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 124 Belmont St, Worcester MA 01605

Real Estate Taxes4516

Tax Year2025

Assessed Value$342,400

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 124 Belmont St, Worcester MA 01605

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 124 Belmont St, Worcester MA 01605

Agent

Name: Ashley Diaz Garcia

Office

Name: Return Realty Group, Inc.

Phone: 617-913-2722

Team Members

Payment Calculator

, Interest

Property Taxes 376.33

Principal & Interest 3481.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Return Realty Group, Inc.

Ashley Diaz Garcia

Agent Phone

Office Phone

(617) 913-2722

Text Agent Call Agent Call Office

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EXIT

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