Three-Family Residential
11 Shamrock St Worcester, MA 01605
New
For Sale
$749,000
Well-maintained three-family with in-unit laundry and multiple recent updates, offering 3 full baths across three floors.
Property Size3,200 SF
Price / SF$234.06
Days on Market2
Property Features for 11 Shamrock St
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1880
Listing Agency:
Century 21 North East Homes
(781) 789-2748
Listed By:
SRG Properties Group
(781) 789-2748
Source:
Elliman
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 23 at 10:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 North East Homes
Investment Insights
Based on property information with market context.
This well-maintained three-family investment property offers three residential floors and includes in-unit laundry. The home features 9 bedrooms and 3 full bathrooms, with updates that include 2023 NewPro replacement windows. Each floor has been updated with new cabinets, and there are three new water heaters installed in 2025.
The property is located in a sought-after Worcester rental area, just minutes from Shrewsbury Street, with a walk score of 80 (very walkable). Transit and bike scores are also noted at 42 each (some transit; somewhat bikeable).
With the three-unit configuration and the documented interior and mechanical updates, this property is positioned as a turn-key residential income opportunity for buyers seeking a multi-family asset.
The property is located in a sought-after Worcester rental area, just minutes from Shrewsbury Street, with a walk score of 80 (very walkable). Transit and bike scores are also noted at 42 each (some transit; somewhat bikeable).
With the three-unit configuration and the documented interior and mechanical updates, this property is positioned as a turn-key residential income opportunity for buyers seeking a multi-family asset.
Key Highlights
- Three‑family built in 1880 with 9 bedrooms, 3 full bathrooms, and over 3,200 sq ft of living space
- Multiple recent updates, including 2023 NewPro replacement windows
- All three floors updated with new cabinets
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 | $71.0k | $22.20 |
| − Vacancy | −$3.9k | −$1.22 |
| EGI | $67.1k | $20.98 |
| − OpEx | −$20.1k | −$6.29 |
| NOI | $47.0k | $14.69 |
3,200 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$671.3K
$587.4K – $783.2K
NOI $46,993 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$616.3K
$539.2K – $719.0K
NOI $43,138 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$1.07M
$934.6K – $1.25M
NOI $74,766 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained three-family with in-unit laundry and multiple recent updates, offering 3 full baths across three floors.
Where is this triplex located?
The property is located at 11 Shamrock St Worcester, MA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Three‑family built in 1880 with 9 bedrooms, 3 full bathrooms, and over 3,200 sq ft of living space; Multiple recent updates, including 2023 NewPro replacement windows; All three floors updated with new cabinets
