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    Worcester Multi-Family Investment Opportunity Title is generated by Realmo AI

    109 Hamilton Street, Worcester, MA 01604

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $595,000

    MULTI_FAMILY - Worcester, MA

    Property size:
    2,240 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $265/SF
    Added:
    May 14, 2026
    Days on Market:
    28
    Last Refresh:
    Jun 10 at 9:06 am

    Property Features for 109 Hamilton Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Res
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2
    Parking
    3
    Standard status
    Active Under Contract
    APN
    1780447
    Size
    2,240 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6284

    Building Details

    Year built
    1949
    Floors in Building
    2
    Number of units
    2

    We can help!

    Listing Contact
    Sarah Gustafson

    Listing agent Sarah Gustafson

    Listing office Keller Williams Pinnacle MetroWest 69 Milk Street, Westborough, MA

    Listing date May 14, 2026

    MLS# 73519119 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.

    HighLights

    • Well‑maintained multi‑family at 109 Hamilton Street, built in 1949
    • Approx. 2,240 SF living space with 2 spacious units
    • Each unit has 5 rooms with 3 bedrooms with closets and 1 full bathroom
    • Hardwood flooring in the living room and bedrooms
    • Fenced‑in yard plus one‑car garage
    • Basement laundry area and storage, with additional attic space for the 2nd floor unit

    Overview

    This multi-family property at 109 Hamilton Street in Worcester, MA, offers approximately 2,240 square feet of living space. It is suitable for either owner-occupancy or investment. The property features two units, each with 5 rooms, including 3 bedrooms with closets and 1 full bathroom. Hardwood flooring is present in the living room and bedrooms. A fenced-in yard provides space for outdoor activities. Additional features include a one-car garage, a laundry area in the basement, and a storage room. The second-floor unit also has access to attic space. The property is conveniently located near shopping, dining, and major routes, and is just minutes from Quinsigamond State Park. The lot size is 0.1492 acres.

    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 $49.7k $22.20
    − Vacancy −$2.7k −$1.22
    EGI $47.0k $20.98
    − OpEx −$14.1k −$6.29
    NOI $32.9k $14.69
    2,240 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $469.9K
    $411.2K – $548.3K (±1% cap)
    NOI $32,895 @ 7.0% cap · market cap 5.53%
    Second Best
    Apartment 5plus
    $431.4K
    $377.5K – $503.3K (±1% cap)
    NOI $30,196 @ 7.0% cap · market cap 5.07%
    Theoretical Best
    Office A
    $747.7K
    $654.2K – $872.3K (±1% cap)
    NOI $52,336 @ 7.0% cap · market cap 8.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.778883
    Latitude
    42.256384

    FAQs

    What type of property is this?
    Duplex - Well-maintained multi-family property in a growing Central Massachusetts market.
    Where is this duplex located?
    The property is located at 109 Hamilton Street Worcester, MA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Well‑maintained multi‑family at 109 Hamilton Street, built in 1949; Approx. 2,240 SF living space with 2 spacious units; Each unit has 5 rooms with 3 bedrooms with closets and 1 full bathroom
    More about this property
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