Three-Family Residential
16 Brookline St Webster, MA 01570
16 Brookline St, Webster, MA, 01570
$595,000
Pending
For Sale
$595,000
Pending
MULTI_FAMILY - Webster, MA
Property Size4,299 SF
Lot Size0.09 Acres
Days on Market49
Property Features for 16 Brookline St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MR-12
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 9, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 4, Bedroom 2
- Standard status
- Pending
- APN
- 1744852
- Size
- 4,299 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5437
Building Details
- Year built
- 1880
- Floors in Building
- 3
- Number of units
- 3
Listing agency
Keller Williams Elite
(508) 695-4545
Added: Jun 3 Updated: Jun 9 at 3:35AM Checked: Jul 21 at 2:06PM
MLS# 73529242
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.
This three-family residential property provides spacious, versatile living arrangements with a total of 9 bedrooms and 3 full bathrooms across three levels. The home totals 4,299 square feet of living space. Recent improvements include updated bathrooms on the 2nd and 3rd floors, new heating systems installed on the 1st and 3rd floors (2025–2026), and a new hot water tank for the 3rd floor installed in 2026. The 1st and 2nd floors currently use leased hot water tanks at $40 per month each.
Zoned MR-12, the property is located at 16 Brookline St in Webster, Massachusetts (01570) within Worcester County. It sits on a 0.0909-acre lot.
For tenants, buyers, or owner-occupants, this layout supports multiple household setups within a single structure, with documented updates to key systems and bathrooms. The presence of current hot water arrangements and the recently installed heating and hot-water equipment may help reduce near-term maintenance planning compared with units that have not been updated.
Zoned MR-12, the property is located at 16 Brookline St in Webster, Massachusetts (01570) within Worcester County. It sits on a 0.0909-acre lot.
For tenants, buyers, or owner-occupants, this layout supports multiple household setups within a single structure, with documented updates to key systems and bathrooms. The presence of current hot water arrangements and the recently installed heating and hot-water equipment may help reduce near-term maintenance planning compared with units that have not been updated.
Key Highlights
- 3‑family property built in 1880 with 9 bedrooms and 3 full bathrooms
- Over 4,299 sq ft of living space across three levels
- Updated bathrooms on the 2nd and 3rd floors
Local Financial Insights For Apartment 5plus
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 | $94.4k | $21.96 |
| − Vacancy | −$2.5k | −$0.57 |
| EGI | $92.0k | $21.39 |
| − OpEx | −$41.4k | −$9.63 |
| NOI | $50.6k | $11.76 |
4,299 SF · lease $21.96/SF/yr · vacancy 2.60% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$830.2K
$726.4K – $968.5K
NOI $58,112 @ 7.0% cap · market cap 9.77%
Second Best
Apartment 5plus
$722.5K
$632.2K – $842.9K
NOI $50,573 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,763 @ 7.0% cap · market cap 17.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-family home with 9 bedrooms, 3 full baths, and recent mechanical and hot-water updates.
Where is this triplex located?
The property is located at 16 Brookline St Webster, MA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 3‑family property built in 1880 with 9 bedrooms and 3 full bathrooms; Over 4,299 sq ft of living space across three levels; Updated bathrooms on the 2nd and 3rd floors
