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    73 Paine St Worcester, MA 01605

    For Sale
    $620,000

    Well-maintained three-unit property in Worcester's desirable 01605 neighborhood.

    Lot size:
    0.14 Acres

    Property Features for 73 Paine St

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1890

    Source: Byrnes Real Estate Group LLC Agent Nicholas Redden

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

    Overview

    Worcester Multifamily Investment Opportunity

    Located in Worcester, Massachusetts, 73 Paine St is a well-maintained three-unit multifamily property situated in the 01605 neighborhood. This property presents an investment opportunity, with one unit delivered vacant, suitable for an owner-occupant or for generating immediate rental income. The units are clean and well-kept. The property features separated utilities. This property offers the potential to increase income and maximize future value.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7938202
    Latitude
    42.2824953

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    FAQs

    What type of property is this?
    Multifamily property - Well-maintained three-unit property in Worcester's desirable 01605 neighborhood.
    Where is this multifamily property located?
    The property is located at 73 Paine St Worcester, MA.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: - Strong investment opportunity in desirable 01605 neighborhood; - One unit delivered vacant, ideal for owner-occupant or immediate rental income; - Well-maintained 3-unit multifamily property
    (774) 764-8250
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    73 Paine St Worcester, MA 01605
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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
    73 Paine St Worcester, MA 01605
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