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Worcester Multi-Family Investment Opportunity

130 Kenberma Road Worcester, MA 01604

130 Kenberma Road, Worcester, MA, 01604
$685,000
Pending
For Sale
Claim this Listing
$685,000
Pending

MULTI_FAMILY - Worcester, MA

Property Size2,559 SF
Lot Size0.11 Acres
AddedApr 3
Days on Market105
Last RefreshJul 16 at 1:06 am

Property Features for 130 Kenberma Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RG-5
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
Parking
6
Standard status
Pending
APN
1794186
Size
2,559 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
6388

Building Details

Year built
1910
Floors in Building
3
Number of units
3

Listing agent Jeff Burk License #453001487

Listing office RE/MAX Vision 25 Union Street, Worcester, MA

Listing date Apr 3, 2026

MLS# 73495625 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

Located just off Massasoit Road, near Grafton Street and Rice Square School in Worcester, Massachusetts, this multi-family property features three identical two-bedroom apartments. Each unit includes laundry facilities, an open eat-in kitchen, and a living room. The building is equipped with thermopane vinyl windows. The property has a flat lot with parking and green space in the backyard. The property is conveniently located near local services and highways. The building is easy to maintain and is tenanted.

Key Highlights

  • 3‑family property built in 1910, each unit with a two‑bedroom floor plan
  • Each apartment includes laundry facilities and an open eat‑in kitchen plus a living room
  • Identical unit layouts across all apartments

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.8k $22.20
− Vacancy −$3.1k −$1.22
EGI $53.7k $20.98
− OpEx −$16.1k −$6.29
NOI $37.6k $14.69
2,559 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$536.9K
$469.8K – $626.3K (±1% cap)
NOI $37,580 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$492.8K
$431.2K – $575.0K (±1% cap)
NOI $34,497 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$854.1K
$747.4K – $996.5K (±1% cap)
NOI $59,790 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Building Supply Bakery Kitchen & Bath Showroom Carpet & Flooring Store Gym & Fitness Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Three-unit property near local services and highways in Worcester, MA.
Where is this triplex located?
The property is located at 130 Kenberma Road Worcester, MA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 3‑family property built in 1910, each unit with a two‑bedroom floor plan; Each apartment includes laundry facilities and an open eat‑in kitchen plus a living room; Identical unit layouts across all apartments
Contact an agent
More about this property
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