Updated Three-Unit Residential
25 Almont Ave Worcester, MA 01604
For Sale
$799,000
Three spacious units feature replacement windows, hardwood floors, and in-unit washer/dryer.
Property Size4,296 SF
Price / SF$185.99
Days on Market74
Property Features for 25 Almont Ave
General Information
- Standard status
- Active
- Size
- 4,296 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1912
Listing Agency:
Boston Hub Real Estate
(978) 578-5013
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: May 11
Changed: Jul 22
Last Checked: Jul 23 at 3:24AM
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 Boston Hub Real Estate
Investment Insights
Based on property information with market context.
This three-unit residential property offers updated interiors across all units, including mostly replacement windows and hardwood floors. Each unit includes an eat-in kitchen with pantry area, as well as in-unit washer and dryer for added convenience. Units also provide three bedrooms, ample closet space, back hall storage, and de-lead certificates. Outside, the property has low-maintenance vinyl siding, and the roof is approximately 15 years old. Gas heat is provided for each unit.
The building is positioned for convenient highway access and proximity to local amenities, including Quinsigamond State Park. It also offers convenient access to UMASS medical school and the Lake Ave campus.
The overall layout supports three separate, sizable bedroom units, with dedicated heating and in-unit laundry, making it well-suited for income-focused ownership.
The building is positioned for convenient highway access and proximity to local amenities, including Quinsigamond State Park. It also offers convenient access to UMASS medical school and the Lake Ave campus.
The overall layout supports three separate, sizable bedroom units, with dedicated heating and in-unit laundry, making it well-suited for income-focused ownership.
Key Highlights
- Three‑unit building built in 1912 with mostly replacement windows and hardwood floors
- Each unit includes in‑unit washer/dryer, eat‑in kitchen, and pantry area
- Each unit features 3 bedrooms and ample closet space plus back hall storage
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 7.90%
Second Best
Apartment 5plus
$827.3K
$723.9K – $965.2K
NOI $57,912 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,374 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three spacious units feature replacement windows, hardwood floors, and in-unit washer/dryer.
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 $799,000.
What are key features of this property?
This property features: Three‑unit building built in 1912 with mostly replacement windows and hardwood floors; Each unit includes in‑unit washer/dryer, eat‑in kitchen, and pantry area; Each unit features 3 bedrooms and ample closet space plus back hall storage
