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    111 Austin St Worcester, MA 01609

    For Sale
    $4,000,000

    5+ Family - 5+ Units Up/Down - Worcester, MA

    Property size:
    22,632 SF
    Lot size:
    0.35 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 111 Austin St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RG-5
    APN
    M:03 B:016 L:00022,1763916
    Parking
    29
    Size
    22,632 SF
    Lot size
    0.35 Acres

    Building Details

    Year built
    2024
    Floors in Building
    3
    Number of units
    11
    Architectural style
    Other

    Keller Williams Realty Chestnut Hill (617) 969-9000 [email protected]

    Listing agent Jammie Geddis (617) 969-9000

    Listing date Nov 24, 2025

    MLS# 73416574 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury Development Opportunity, Worcester

    This property presents an opportunity for investors, developers, and builders to complete a luxury development. The property features 11 high-end units designed with premium craftsmanship. The solid construction is mostly completed. The property includes private parking and a garage located beneath the building. It is located in a desirable, well-connected area with access to major highways and throughways. The property is situated on a 0.35-acre lot and has a property size of 22632 square feet. The zoning is RG-5. The property offers the potential to sell out as luxury condos or hold for high-demand rentals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.81054
    Latitude
    42.261183

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    FAQs

    What type of property is this?
    Apartment building - Nearly completed luxury development with 11 high-end units.
    Where is this apartment building located?
    The property is located at 111 Austin St Worcester, MA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - Nearly completed luxury development with 11 high-end units.; - Prime location with seamless access to major highways.; - Private parking plus garage located beneath the building.
    (617) 969-9000
    Request Owner's contact information
    111 Austin St Worcester, MA 01609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Austin St Worcester, MA 01609
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