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38 Oberlin St, Worcester MA 01610

$727,000

Estimated $1,829/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $242,333.33

Total Rent: 45900/year

Estimated CAP Rate:

9 Bedrooms

Baths

3746

Total Parking: 2

3,500 (0.08)

Spacious and well-maintained three-family property located near Clark University, offering an excellent investment opportunity. This large multi-family features a desirable unit mix with a 4-bedroom first-floor unit, 3-bedroom second-floor unit, and 2-bedroom third-floor unit. Unit 2 is vacant - ready for Owner Occupied or Investor opportunity! Nicely maintained throughout, the property offers strong rental potential in a highly sought-after location close to universities, public transportation, shopping, and local amenities. Excellent opportunity for investors looking for solid income potential in the heart of Worcester.

This home has been viewed 6 times

Last Checked: September 19th, 2026 at 7:28am (Source: MLS PIN #73578862)

Gross Income: $45,900

Gross Expenses: $7,801

Net Income Calc: $38,099

Water Views

Annual Expenses for 38 Oberlin St, Worcester MA 01610

Total Gross Expenses (Calculated)$7,801/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7801

Annual Income & Unit Breakdown for 38 Oberlin St, Worcester MA 01610

Total Gross Income (Calculated)$45,900

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 38 Oberlin St, Worcester MA 01610

Listing ID73578862

Property TypeMulti Family / 3 Family

Price727000 ($194.07/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3746

Approximate Lot Size (Acres)0.08

Total Parking2

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 38 Oberlin St, Worcester MA 01610

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher & Dryer Are Negotiable

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 38 Oberlin St, Worcester MA 01610

Real Estate Taxes7801

Tax Year2025

Assessed Value$591,400

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 38 Oberlin St, Worcester MA 01610

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 38 Oberlin St, Worcester MA 01610

Agent

Name: Kelly Rynearson

Office

Name: Byrnes Real Estate Group LLC

Phone: 833-429-7637

Payment Calculator

, Interest

Property Taxes 650.08

Principal & Interest 4479.54

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Byrnes Real Estate Group LLC

Kelly Rynearson

Agent Phone

Office Phone

(833) 429-7637

Text Agent Call Agent Call Office

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    [description] => Spacious and well-maintained three-family property located near Clark University, offering an excellent investment opportunity. This large multi-family features a desirable unit mix with a 4-bedroom first-floor unit, 3-bedroom second-floor unit, and 2-bedroom third-floor unit.  Unit 2 is vacant - ready for Owner Occupied or Investor opportunity! Nicely maintained throughout, the property offers strong rental potential in a highly sought-after location close to universities, public transportation, shopping, and local amenities.  Excellent opportunity for investors looking for solid income potential in the heart of Worcester.
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    [unparsed] => 38 Oberlin St, Worcester MA 01610
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EXIT

28 More Photos

Active

38 Oberlin St, Worcester MA 01610

$727,000

Annual Expenses for 38 Oberlin St, Worcester MA 01610

Annual Income & Unit Breakdown for 38 Oberlin St, Worcester MA 01610

General Information for 38 Oberlin St, Worcester MA 01610

Disclosures for 38 Oberlin St, Worcester MA 01610

Financial Information for 38 Oberlin St, Worcester MA 01610

Location Information for 38 Oberlin St, Worcester MA 01610

Contact Information for 38 Oberlin St, Worcester MA 01610

Agent

Office

Payment Calculator

Exclusive Listing Agent

Byrnes Real Estate Group LLC

Kelly Rynearson