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Updated Triplex Near Quinsigamond Park

25 Almont Ave Worcester, MA 01604

25 Almont Ave, Worcester, MA, 01604
$825,000
For Sale
Claim this Listing
$825,000

Spacious, updated triplex with in-unit laundry and highway access.

Property Size4,296 SF
Price / SF$192.04
AddedMay 11
Days on Market66
Last RefreshJul 15 at 1:41 pm

Property Features for 25 Almont Ave

General Information

Standard status
Active
Size
4,296 SF
Property subtype
3 Family

Building Details

Year Built
1912

Listing office RE/MAX Vision

Listing date May 11, 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


Investment Insights

Based on property information with market context.

This multifamily property features three spacious units with updates including mostly replacement windows and hardwood floors. Each unit includes an in-unit washer and dryer, an eat-in kitchen, and a pantry area. The property has low-maintenance vinyl siding, a roof approximately 15 years old, and gas heat for each unit. Each of the three units offers 3 bedrooms of generous size, ample closet space, back hall storage, and de-lead certificates. The property is located near highway access and local area amenities such as Quinsigamond State Park, with convenient access to UMASS medical school and the Lake Ave campus. The property, with a total size of 4296 square feet, is suitable as a revenue producer or for an owner occupant.

Key Highlights

  • Great revenue producer; potential for owner occupancy as a mortgage helper.
  • Three spacious units, each with 3 generous sized bedrooms.
  • In‑unit washer and dryer in all units.

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 $95.4k $22.20
− Vacancy −$5.2k −$1.22
EGI $90.1k $20.98
− OpEx −$27.0k −$6.29
NOI $63.1k $14.69
4,296 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$901.3K
$788.6K – $1.05M (±1% cap)
NOI $63,088 @ 7.0% cap · market cap 7.65%
Second Best
Apartment 5plus
$827.3K
$723.9K – $965.2K (±1% cap)
NOI $57,912 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,374 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist Garden Center Pet Grooming Service (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Spacious, updated triplex with in-unit laundry and highway access.
Where is this triplex located?
The property is located at 25 Almont Ave Worcester, MA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Great revenue producer; potential for owner occupancy as a mortgage helper.; Three spacious units, each with **3 generous sized bedrooms**.; **In‑unit washer and dryer** in all units.
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