60 Fruit Street Worcester, MA 01609
MULTI_FAMILY - Worcester, MA
Property Features for 60 Fruit Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RG-5
- Bedrooms
- 9
- Bathrooms
- 2
- Rooms
- Bedroom 8, Bedroom 5, Bedroom 9, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 3
- Standard status
- Active
- APN
- 1763598
- Size
- 2,694 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4213
Building Details
- Year built
- 1890
- Floors in Building
- 3
Listing agent Jeff Burk License #453001487 (508) 595-9900
Listing office RE/MAX Vision 25 Union Street, Worcester, MA (508) 595-9900
Listing date Dec 19, 2025
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Investment Insights
Based on property information with market context.
Located at 60 Fruit Street in Worcester, Massachusetts, the home is just two blocks from WPI, approximately a 6-minute walk. It also provides easy access to historic Elm Park, with nearby restaurants and food establishments, WRTA bus service, and retail options.
For buyers seeking a manageable residential income setup, the property is presented as fully rented and described as income-producing. Its licensed rooming house format, existing bedroom and bathroom configuration, and on-site laundry support day-to-day tenant convenience, while the noted mechanical age and annual inspection conformance are intended to provide operational continuity.
Key Highlights
- Licensed rooming house with 9 bedrooms and 2 full baths
- Fully rented and income‑producing
- Eat‑in kitchen
Local Financial Insights For Apartment 5plus
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 | $69.5k | $25.80 |
| − Vacancy | −$3.5k | −$1.29 |
| EGI | $66.0k | $24.51 |
| − OpEx | −$29.7k | −$11.03 |
| NOI | $36.3k | $13.48 |
