For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Three-Family Residential Income Property Title is generated by Realmo AI

    113 Sterling St, Worcester, MA 01610

    View on Map
    Claim this Listing
    New
    For Sale
    $699,000

    MULTI_FAMILY - Worcester, MA

    Property size:
    3,465 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $201/SF
    Added:
    Jul 9, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 9 at 1:06 pm

    Property Features for 113 Sterling St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RG-5
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 1
    Standard status
    Active
    APN
    1772623
    Size
    3,465 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    6290

    Building Details

    Year built
    1915
    Floors in Building
    3
    Number of units
    3

    We can help!

    Contact an agent
    Keller Williams Realty Evolution

    Listing agent Keller Williams Realty Evolution

    Listing office Keller Williams Realty Evolution 500 Cummings Center, Suite 1550, Beverly, MA

    Listing date Jul 9, 2026

    MLS# 73547025 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

    • Three‑family home built in 1915 in Worcester
    • Each unit features 2 bedrooms and 1 full bathroom
    • Hardwood floors throughout much of the home
    • Includes enclosed porches and a full basement
    • Conveniently located near shopping, restaurants, public transportation, parks, schools, universities, and major highways
    • Open house Sat–Sun from 12:00–2:00 PM

    Overview

    This three-family home offers three separate residential units, each featuring two bedrooms and one full bathroom. The interior includes spacious living and dining areas, with hardwood floors throughout much of the home. Additional improvements include enclosed porches and a full basement, providing practical extra space for storage and day-to-day needs. The property sits on a lot of 0.1148 acres and totals 3,465 square feet.

    Located in Worcester, MA, the home is described as being convenient to shopping, restaurants, public transportation, parks, schools, universities, and major highways. Public remarks also indicate proximity to a bus stop and nearby dining options. The property is zoned RG-5.

    This configuration can support a range of buyers, including investors seeking a multi-unit rental structure and owner-occupants who want the option to offset housing costs with additional units. With each unit having a functional two-bedroom layout and hardwood floors in much of the home, the residence is designed for straightforward tenant living. Enclosed porches and a full basement add utility beyond the main living areas, supporting everyday use across the property.

    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 $76.9k $22.20
    − Vacancy −$4.2k −$1.22
    EGI $72.7k $20.98
    − OpEx −$21.8k −$6.29
    NOI $50.9k $14.69
    3,465 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $726.9K
    $636.1K – $848.1K (±1% cap)
    NOI $50,885 @ 7.0% cap · market cap 7.28%
    Second Best
    Apartment 5plus
    $667.3K
    $583.9K – $778.5K (±1% cap)
    NOI $46,710 @ 7.0% cap · market cap 6.68%
    Theoretical Best
    Office A
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $80,958 @ 7.0% cap · market cap 11.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sealrite Roofing & Home ... Roofing Company

    Suggested Use

    Real Estate Agency Law Firm Accounting Firm (Bike/Boat/Book/etc) Store Acupuncture Computer & Electronic Repair Skin Care Clinic Catering Service Tech Support Center (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.799398
    Latitude
    42.244204

    FAQs

    What type of property is this?
    Triplex - Three residential units with two bedrooms each, hardwood floors, enclosed porches, and a full basement in Worcester, MA.
    Where is this triplex located?
    The property is located at 113 Sterling St Worcester, MA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Three‑family home built in 1915 in Worcester; Each unit features 2 bedrooms and 1 full bathroom; Hardwood floors throughout much of the home
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message