Three-Family with Single-Family
49 Richland St And 10 Dorchester Worcester, MA 01610
For Sale
$800,000
Pending
MULTI_FAMILY - Worcester, MA
Property Size4,940 SF
Lot Size0.10 Acres
Days on Market301
Property Features for 49 Richland St And 10 Dorchester
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RG-5
- Bedrooms
- 13
- Bathrooms
- 4
- Rooms
- Bedroom 9, Bedroom 2, Bedroom 12, Bathroom 4, Bedroom 6, Bedroom 1, Bedroom 11, Bathroom 2, Bedroom 4, Bedroom 13, Bedroom 8, Bathroom 3, Bedroom 10, Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 1
- Standard status
- Pending
- APN
- M:05 B:019 L:00009
- Size
- 4,940 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7567
Building Details
- Year built
- 1890
- Floors in Building
- 6
- Number of units
- 4
Listing Agency:
Keller Williams Pinnacle Central
(508) 754-3020
Listed By:
Sarah Gustafson
(508) 754-3020
Added: Sep 30, 2025
Changed: Jul 13
Last Checked: Jul 27 at 2:06AM
MLS# 73437153
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.
This offering includes an expansive three-family property and a single-family home sold together. The single-family home contains 4 bedrooms and 1 full bath. Each unit in the triple decker includes 3 bedrooms and 1 full bath. All units feature separate laundry rooms and storage space, and many interior updates have been completed.
The properties are located in Worcester, MA at 49 Richland St and 10 Dorchester, within zoning designated RG-5.
Overall, the configuration provides a total of four residential units across the two structures, combining multiple 1-bath layouts with shared emphasis on practical, in-unit laundry and dedicated storage for each unit.
The properties are located in Worcester, MA at 49 Richland St and 10 Dorchester, within zoning designated RG-5.
Overall, the configuration provides a total of four residential units across the two structures, combining multiple 1-bath layouts with shared emphasis on practical, in-unit laundry and dedicated storage for each unit.
Key Highlights
- Built in 1890: expansive three‑family plus single‑family home being sold together.
- Single‑family portion offers 4 bedrooms and 1 full bathroom.
- Each unit in the triple decker offers 3 bedrooms and 1 full bathroom.
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 | $109.7k | $22.20 |
| − Vacancy | −$6.0k | −$1.22 |
| EGI | $103.6k | $20.98 |
| − OpEx | −$31.1k | −$6.29 |
| NOI | $72.5k | $14.69 |
4,940 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$906.8K – $1.21M
NOI $72,545 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$951.3K
$832.4K – $1.11M
NOI $66,594 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,421 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - A three-family triple decker plus a separate single-family home, with updated interiors and in-unit laundry and storage.
Where is this triplex located?
The property is located at 49 Richland St And 10 Dorchester Worcester, MA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Built in 1890: expansive three‑family plus single‑family home being sold together.; Single‑family portion offers 4 bedrooms and 1 full bathroom.; Each unit in the triple decker offers 3 bedrooms and 1 full bathroom.
