Updated Three-Unit
New
For Sale
$699,900
14 Wall St, Worcester, MA 01604
Residential Income, Worcester, MA
Property Size3,616 SF
Lot Size0.11 Acres
Price / SF$193.56
Days on Market2
Property Features for 14 Wall St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RG-5
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 7, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 8
Parking
2
Directions
Per GPS
Standard status
Active
APN
M:04 B:010 L:00039,1764784
Size
3,616 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7874
Amenities
washer & dryer hookups
patio
shed
basement
Building Details
Year built
1890
Floors in Building
3
Number of units
3
Listing Agency:
RE/MAX Prof Associates · RE/MAX International
Listed By:
Lorraine Herbert
(508) 834-7322
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 22 at 6:06AM
MLS# 73593435
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1890-built triplex contains 3,616 square feet across three apartments on a 0.1099-acre lot. All three units are lead certified and have washer and dryer hookups; the first-floor apartment includes a washer and dryer. Apartments 1 and 2 have capacity for conversion to four-bedroom layouts. The building features vinyl siding, hardwood and wide pine flooring, tiled bathrooms, original woodwork, and built-in china cabinets. A large basement, backyard patio, and shed add to the property’s existing features.
Recent work includes a 2021 roof, updated landlord electrical panel, recent water heaters in all three apartments, and gas parlor heaters updated in 2021. The first-floor kitchen and bathroom have been remodeled. The property is zoned RG-5 in Worcester, Massachusetts, with access to major roadways and a train station.
Recent work includes a 2021 roof, updated landlord electrical panel, recent water heaters in all three apartments, and gas parlor heaters updated in 2021. The first-floor kitchen and bathroom have been remodeled. The property is zoned RG-5 in Worcester, Massachusetts, with access to major roadways and a train station.
Key Highlights
- Three‑unit property with 3,616 square feet on a 0.1099‑acre lot
- All three apartments are lead certified
- Units 1 and 2 can accommodate conversion to four‑bedroom layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,102
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,062,040
$1.1M
Cap Rate 7%
$758,600
$758.6K
Cap Rate 9%
$590,022
$590.0K
Market Conditions
NOI Build-Up for 3,616 SF
Gross rent
$80.3K $22.20/SF
− Vacancy
−$4.4K −$1.22/SF
EGI
$75.9K $20.98/SF
− OpEx
−$22.8K −$6.29/SF
NOI
$53.1K $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%
$1,062,040
Cap Rate 7%
$758,600
Cap Rate 9%
$590,022
Alternative Uses
Best Use
Multifamily LT 5
$758.6K
$663.8K – $885.0K
NOI $53,102 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$696.4K
$609.3K – $812.4K
NOI $48,745 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,486 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,883
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Triplex - Each apartment is lead certified, with washer and dryer hookups in all three units.
Where is this triplex located?
The property is located at 14 Wall St Worcester, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Three‑unit property with 3,616 square feet on a 0.1099‑acre lot; All three apartments are lead certified; Units 1 and 2 can accommodate conversion to four‑bedroom layouts
