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    13 Frank St Worcester, MA 01604

    For Sale
    $725,000

    Three-unit multifamily property with conversion potential near UMass Medical School.

    Property size:
    3,356 SF

    Property Features for 13 Frank St

    General Information

    Size
    3,356 SF

    Building Details

    Year built
    1920

    Source: Alexis Brissette Agent Alexis Brissette

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property Near UMass

    Located directly off Route 9 and across from UMass Chan Medical School, 13 Frank Street is a three-unit multifamily property for sale. The property contains three residential units, with one unit intentionally left vacant. This provides flexibility for immediate occupancy, renovation, or leasing at market rate. An 800 square foot building in the rear of the property offers the potential for conversion into an additional multifamily unit. The property benefits from rental demand driven by the area’s academic, medical, and research institutions. Each existing unit offers a spacious layout and solid rental history. The property contains a total of six beds and 4.5 baths. The property size is 3,356 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7647064
    Latitude
    42.2726562

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    FAQs

    What type of property is this?
    Triplex - Three-unit multifamily property with conversion potential near UMass Medical School.
    Where is this triplex located?
    The property is located at 13 Frank St Worcester, MA.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Prime location directly across from UMass Chan Medical School, ensuring strong and consistent rental demand.; - Three existing spacious units with solid rental history, offering immediate income potential.; - One vacant unit provides immediate flexibility for occupancy, renovation, or market-rate leasing.
    (508) 868-6182
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13 Frank St Worcester, MA 01604
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