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16 Reservoir St, Worcester MA 01605

$699,865

Estimated $1,770/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $233,288.33

Total Rent: 60000/year

Estimated CAP Rate:

9 Bedrooms

Baths

4125

Total Parking: 3

4,339 (0.10)

Long-time property owner has decided to retire. Good time to purchase, Presenting a distinguished multi-family residence in the Belmont St Hill area. This expansive 4125 sq ft property stands as an inviting and income ready, offering a unique blend of historic charm and contemporary living. Can enjoy living in the city with all the city perks. Close distance to hospital services, bus routes, schools and commuter access. The property encompasses nine well-proportioned bedrooms, providing ample private accommodations across its three stories. Complementing these are one full bathroom per unit, designed to facilitate convenience and comfort for all residents. Beyond the interior, the property features a private yard, offering an exclusive outdoor space for relaxation or recreation. Property has recently had some updates. Permits was applied and currently being closed out by the licensed contractor. This exceptional property represents a significant opportunity for those seeking a substantial and versatile living arrangement. Like more income? Property may be eligible to add another unit with the ADU process to have 4th unit. Like more information. Feel free to message.

This home has been viewed 5 times

Last Checked: September 15th, 2026 at 9:38am (Source: MLS PIN #73571126)

Gross Income: $60,000

Gross Expenses: $7,616

Net Income Calc: $52,384

Water Views

Annual Expenses for 16 Reservoir St, Worcester MA 01605

Total Gross Expenses (Calculated)$7,616/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7616

Annual Income & Unit Breakdown for 16 Reservoir St, Worcester MA 01605

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$0

LeaseY

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

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 16 Reservoir St, Worcester MA 01605

Listing ID73571126

Property TypeMulti Family / 3 Family

Price699865 ($169.66/SqFt)

Style3 Family

CityWorcester

CountyWorcester

MLS AreaBelmont Hill

Neighborhood(s)

Approximate Living Area Total4125

Approximate Lot Size (Acres)0.1

Total Parking3

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 16 Reservoir St, Worcester MA 01605

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRequest Details

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 16 Reservoir St, Worcester MA 01605

Real Estate Taxes7616

Tax Year2025

Assessed Value$577,400

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 16 Reservoir St, Worcester MA 01605

Neighborhood(s)

MLS AreaBelmont Hill

Area AmenitiesWalk/jog Trails

Contact Information for 16 Reservoir St, Worcester MA 01605

Agent

Name: Ray Lopolito

Office

Name: Starterline

Phone: 508-753-9000

Payment Calculator

, Interest

Property Taxes 634.67

Principal & Interest 4312.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Starterline

Ray Lopolito

Agent Phone

Office Phone

(508) 753-9000

Text Agent Call Agent Call Office

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EXIT

1 More Photo

Active

16 Reservoir St, Worcester MA 01605

$699,865

Annual Expenses for 16 Reservoir St, Worcester MA 01605

Annual Income & Unit Breakdown for 16 Reservoir St, Worcester MA 01605

General Information for 16 Reservoir St, Worcester MA 01605

Disclosures for 16 Reservoir St, Worcester MA 01605

Financial Information for 16 Reservoir St, Worcester MA 01605

Location Information for 16 Reservoir St, Worcester MA 01605

Contact Information for 16 Reservoir St, Worcester MA 01605

Agent

Office

Payment Calculator

Exclusive Listing Agent

Starterline

Ray Lopolito