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    9 Winthrop St Worcester, MA 01604

    For Sale
    $799,999

    Turn-key multifamily property with strong rental income potential.

    Lot size:
    0.09 Acres

    Property Features for 9 Winthrop St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1890

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

    Overview

    Renovated Multifamily Property, Worcester

    This is a recently renovated multifamily property located in Worcester. All units have been updated with new kitchens, bathrooms, flooring, and appliances. The property offers strong rental income potential in a high-demand location near downtown, public transit, major highways, and area employers. It is suitable for investors seeking market-ready units. Off-street parking is available for each unit. Washer and dryer facilities are located on the first floor, with a coin-operated washer and dryer in the basement for other units. Separate utilities ensure that each tenant pays for electricity. The property currently brings in $6,750 in monthly rent, plus revenue from the coin machine. There is potential to install new gas furnaces for all units and/or mini-splits.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    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
    -71.7941313
    Latitude
    42.249907

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    FAQs

    What type of property is this?
    Multifamily property - Turn-key multifamily property with strong rental income potential.
    Where is this multifamily property located?
    The property is located at 9 Winthrop St Worcester, MA.
    What is the asking price?
    The asking price for this property is $799,999.
    What are key features of this property?
    This property features: - Turn-key, recently renovated multi-family property with updated units; - Strong rental income potential with $6,750 monthly income (plus coin machine revenue); - High-demand location near downtown, public transit, major highways, and area employers
    Request Owner's contact information
    9 Winthrop St Worcester, MA 01604
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    Worcester, MA 01604
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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
    9 Winthrop St Worcester, MA 01604
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