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    Corner Lot Three-Family Property Title is generated by Realmo AI

    21 Kendall Street, Worcester, MA 01605

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    For Sale
    $445,000

    Three-family property on a corner lot, sold as-is with occupants.

    Type:Multi-family
    Property size:
    2,561 SF
    Price / SF:
    $173/SF
    Added:
    Dec 29, 2025
    Days on Market:
    161
    Last Refresh:
    Apr 21 at 6:48 am

    Property Features for 21 Kendall Street

    General Information

    Standard status
    Active
    Size
    2,561 SF
    Property subtype
    Multi-family

    Building Details

    Year Built
    1890

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    Listing Contact
    Linda Hale

    Listing agent Linda Hale

    Listing office ERA Key Realty Services- Auburn

    Listing date Dec 29, 2025

    Source Stevebremis

    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 ERA Key Realty Services- Auburn

    HighLights

    • Corner lot location
    • Three‑family property
    • Property being sold 'as is'
    • Occupied property
    • Year Built: 1890
    • Cash sale required

    Overview

    This is a three-family property situated on a corner lot. The property is being sold 'as is', and the seller will not be responsible for any repairs. The property is occupied and will be sold with the occupants in place. Prospective buyers are advised to conduct their due diligence. Neither the seller nor the agent has any knowledge of the property's condition, and there is no interior access available for appraisers or inspectors. The property has a size of 2561 square feet.

    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 $56.9k $22.20
    − Vacancy −$3.1k −$1.22
    EGI $53.7k $20.98
    − OpEx −$16.1k −$6.29
    NOI $37.6k $14.69
    2,561 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $537.3K
    $470.1K – $626.8K (±1% cap)
    NOI $37,609 @ 7.0% cap · market cap 8.45%
    Second Best
    Apartment 5plus
    $493.2K
    $431.6K – $575.4K (±1% cap)
    NOI $34,524 @ 7.0% cap · market cap 7.76%
    Theoretical Best
    Office A
    $854.8K
    $748.0K – $997.3K (±1% cap)
    NOI $59,836 @ 7.0% cap · market cap 13.45%
    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 Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7948091
    Latitude
    42.2738284

    FAQs

    What type of property is this?
    Triplex - Three-family property on a corner lot, sold as-is with occupants.
    Where is this triplex located?
    The property is located at 21 Kendall Street Worcester, MA.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: Corner lot location; Three‑family property; Property being sold 'as is'
    More about this property
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