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Three-Unit Residential Property
For Sale
$685,000

130 Kenberma Road, Worcester, MA 01604

Residential Income, Worcester, MA

Property Size2,559 SF
Lot Size0.11 Acres
Price / SF$267.68
Days on Market186

Property Features for 130 Kenberma Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RG-5
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Parking 6
Directions Massasoit Road to Kenberma Road, near Rice Square School
Standard status Active
APN 1794186
Size 2,559 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6388

Amenities

laundry facilities

Building Details

Year built 1910
Floors in Building 3
Number of units 3
Listing Agency: RE/MAX Vision · RE/MAX International
Listed By: Jeff Burk · License #9035530
Added: Apr 3 Changed: Oct 5 Last Checked: Oct 5 at 5:06PM
MLS# 73495625

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.

Investment Insights

Based on property information with market context.

Built in 1910, this 2,559-square-foot triplex contains three matching apartments, each arranged with two bedrooms, a bathroom, an open eat-in kitchen, a living room, and laundry facilities. Thermopane vinyl windows serve the units, while the flat 0.1148-acre parcel provides on-site parking and rear green space. The property is zoned RG-5.

Located at 130 Kenberma Road in Worcester, the building sits just off Massasoit Road near Grafton Street and Rice Square School. The setting offers access to local services and highways. All three apartments are occupied by long-term tenants, and the building is described as easy to maintain.

Key Highlights

  • Three‑unit building with three matching two‑bedroom apartments
  • 2,559 square feet on a 0.1148‑acre lot
  • Built in 1910 and zoned RG‑5

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,580
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$751,600 $751.6K
Cap Rate 7%
$536,857 $536.9K
Cap Rate 9%
$417,556 $417.6K
Market Conditions
NOI Build-Up for 2,559 SF
Gross rent
$56.8K $22.20/SF
− Vacancy
−$3.1K −$1.22/SF
EGI
$53.7K $20.98/SF
− OpEx
−$16.1K −$6.29/SF
NOI
$37.6K $14.69/SF
Area
Worcester, MA
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$751,600
Cap Rate 7%
$536,857
Cap Rate 9%
$417,556

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 authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby

Demographics for 01604, MA

41,301
Population
18,166
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
86%
High-School Grad
6.6 sq mi
ZIP Area
6,258
Density / Sq Mi
$72,911
Median Household Income
$45,596
Median Earnings
$1,570
Median Rent
$321,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Identical two-bedroom apartments include laundry, kitchens, and living rooms.
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: Three‑unit building with three matching two‑bedroom apartments; 2,559 square feet on a 0.1148‑acre lot; Built in 1910 and zoned RG‑5
More about this property
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