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    Three-Family Property Near Rice Square Title is generated by Realmo AI

    130 Kenberma Road, Worcester, MA 01604

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    For Sale
    $685,000

    Three-unit residential building near local services and highways.

    Type:3 Family - 3 Units Up/Down
    Property size:
    2,559 SF
    Price / SF:
    $267/SF
    Added:
    Apr 3, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 20 at 7:38 pm

    Property Features for 130 Kenberma Road

    General Information

    Standard status
    Active
    Size
    2,559 SF
    Property subtype
    3 Family - 3 Units Up/Down

    Building Details

    Year Built
    1910

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    Listing Contact
    Jeff Burk
    Jeff Burk

    Listing agent Jeff Burk License #453001487

    Listing office RE/MAX Vision

    Listing date Apr 3, 2026

    Source Lockandkeyre

    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 RE/MAX Vision

    HighLights

    • Convenient location near local services, Grafton Street, and highways.
    • Each apartment features a two‑bedroom floor plan with laundry facilities.
    • Open eat‑in kitchens in each unit.
    • Identical layout in all three apartments.
    • Thermopane vinyl windows throughout.
    • Flat lot with parking and backyard green space.

    Overview

    Located just off Massasoit Road, near Grafton Street and Rice Square School, this three-family property offers convenient access to local services and highways. Each of the three apartments features an identical two-bedroom floor plan, including laundry facilities, an open eat-in kitchen, and a living room. The building is equipped with thermopane vinyl windows. The property includes a flat lot with parking and green space in the backyard. The building is easy to maintain and ready for a new owner.

    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 $56.8k $22.20
    − Vacancy −$3.1k −$1.22
    EGI $53.7k $20.98
    − OpEx −$16.1k −$6.29
    NOI $37.6k $14.69
    2,559 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $536.9K
    $469.8K – $626.3K (±1% cap)
    NOI $37,580 @ 7.0% cap · market cap 5.49%
    Second Best
    Apartment 5plus
    $492.8K
    $431.2K – $575.0K (±1% cap)
    NOI $34,497 @ 7.0% cap · market cap 5.04%
    Theoretical Best
    Office A
    $854.1K
    $747.4K – $996.5K (±1% cap)
    NOI $59,790 @ 7.0% cap · market cap 8.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7793297
    Latitude
    42.2484719

    FAQs

    What type of property is this?
    Triplex - Three-unit residential building near local services and highways.
    Where is this triplex located?
    The property is located at 130 Kenberma Road Worcester, MA.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: Convenient location near local services, Grafton Street, and highways.; Each apartment features a two‑bedroom floor plan with laundry facilities.; Open eat‑in kitchens in each unit.
    More about this property
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