Updated Triplex Near Quinsigamond
25 Almont Ave, Worcester, MA 01604
Spacious, updated triplex with in-unit laundry and highway access.
Type:3 Family
Property size:
4,296 SFPrice / SF:
$192/SF- Added:
- May 11, 2026
- Days on Market:
- 20
- Last Refresh:
- May 15 at 3:02 am
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 agent Diane Luong License #453010814 (774) 239-2937
Listing office RE/MAX Vision (774) 239-2937
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
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.
- Updated features including mostly replacement windows and hardwood floors.
- Convenient location with highway access and proximity to Quinsigamond State Park, UMASS medical school, and Lake Ave campus.
- Low maintenance vinyl siding and gas heat for each unit.
Overview
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.
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
NOI $63,088 @ 7.0% cap · market cap 7.65%
Second Best
Apartment 5plus
$827.3K
$723.9K – $965.2K
NOI $57,912 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,374 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.781818
- Latitude
- 42.2582392
Nearby Similar for Sale
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.
