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12 Richmond Ave, Worcester MA 01602

$899,900

Estimated $2,070/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $299,966.67

Total Rent: 76200/year

Estimated CAP Rate:

6 Bedrooms

Baths

3953

Total Parking: 15 (6 Garage)

9,243 (0.21)

WEST SIDE THREE-FAMILY ideally located approximately one mile from WPI, Worcester State University, and Assumption University. All three units have been remodeled and updated. The first-floor unit features a modern kitchen with stainless steel appliances, spacious living and dining areas, and gleaming hardwood floors. The second-floor unit offers a similar layout with access to additional living space and a walk-up attic, providing added flexibility. The lower-level unit offers three rooms, including one bedroom, and has also been remodeled. The property also features a 6-car garage with potential for additional rental income. Conveniently located less than a minute's walk to a coffee shop, markets, and neighborhood amenities.

This home has been viewed 6 times

Last Checked: September 14th, 2026 at 6:13pm (Source: MLS PIN #73568024)

Gross Income: $76,200

Gross Expenses: $7,331

Net Income Calc: $68,869

Annual Expenses for 12 Richmond Ave, Worcester MA 01602

Total Gross Expenses (Calculated)$7,331/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7331

Annual Income & Unit Breakdown for 12 Richmond Ave, Worcester MA 01602

Total Gross Income (Calculated)$76,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms

Floor0

Rent Includes

General Information for 12 Richmond Ave, Worcester MA 01602

Listing ID73568024

Property TypeMulti Family / 3 Family

Price899900 ($227.65/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3953

Approximate Lot Size (Acres)0.21

Total Parking15 (6 Garage)

Garage Parking6

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRL-7

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 12 Richmond Ave, Worcester MA 01602

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOther

ExclusionsMaking This Home Truly Turn-Key!

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 12 Richmond Ave, Worcester MA 01602

Real Estate Taxes7331

Tax Year2025

Assessed Value$555,800

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 12 Richmond Ave, Worcester MA 01602

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 12 Richmond Ave, Worcester MA 01602

Agent

Name: Ferrari Property Group

Office

Name: Keller Williams Pinnacle Central

Phone: 508-754-3020

Team Members

Payment Calculator

, Interest

Property Taxes 610.92

Principal & Interest 5544.9

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Pinnacle Central

Ferrari Property Group

Agent Phone

Office Phone

(508) 754-3020

Text Agent Call Agent Call Office

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    [description] => WEST SIDE THREE-FAMILY ideally located approximately one mile from WPI, Worcester State University, and Assumption University. All three units have been remodeled and updated. The first-floor unit features a modern kitchen with stainless steel appliances, spacious living and dining areas, and gleaming hardwood floors. The second-floor unit offers a similar layout with access to additional living space and a walk-up attic, providing added flexibility. The lower-level unit offers three rooms, including one bedroom, and has also been remodeled. The property also features a 6-car garage with potential for additional rental income. Conveniently located less than a minute's walk to a coffee shop, markets, and neighborhood amenities.
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[terms] => Array
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[travel_routes] => 
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    [unparsed] => 12 Richmond Ave, Worcester MA 01602
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EXIT

30 More Photos

Active

12 Richmond Ave, Worcester MA 01602

$899,900

Annual Expenses for 12 Richmond Ave, Worcester MA 01602

Annual Income & Unit Breakdown for 12 Richmond Ave, Worcester MA 01602

General Information for 12 Richmond Ave, Worcester MA 01602

Disclosures for 12 Richmond Ave, Worcester MA 01602

Financial Information for 12 Richmond Ave, Worcester MA 01602

Location Information for 12 Richmond Ave, Worcester MA 01602

Contact Information for 12 Richmond Ave, Worcester MA 01602

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Keller Williams Pinnacle Central

Ferrari Property Group