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Victorian Quadplex with Carriage House

33-35 Prescott Street, Clinton, MA 01510

For Sale
$1,250,000

Historic residence combines updated interiors, separate townhouse units, and walking access to downtown and local parks.

Property Size6,121 SF
Price / SF$204.21
Days on Market63

Property Features for 33-35 Prescott Street

General Information

Standard status Active
Size 6,121 SF
Property subtype Multi-family

Building Details

Year Built 1884
Construction Grand Victorian
Listing Agency: Settlers Realty Group,LLC
Listed By: Sergio Froes Oliveira · License #9557598
Source: Hammondre
Added: Sep 8 Changed: Nov 8 Last Checked: Nov 8 at 6:27AM

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 Settlers Realty Group,LLC

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Investment Insights

Based on property information with market context.

Built in 1884, this 6,121-square-foot Victorian property at 33-35 Prescott St includes a primary residence, a third-floor three-bedroom apartment, and a detached carriage house with two two-bedroom townhouse-style units. The main home offers more than 10 rooms, cherry woodwork, stained glass, a curved staircase, chandeliers, a custom kitchen with pantry and gas fireplace, first-floor laundry, and a 32-foot primary bedroom with a 20-foot en-suite bath and dressing area.

The apartment provides additional living or rental space and connects to a widow’s walk. Each carriage-house townhome has an updated kitchen, dining area, and living room. Building systems include four high-efficiency gas heating systems and separate updated electrical systems. The property is zoned R1 and sits within walking distance of downtown Clinton and local parks, with access to major commuting routes.

Key Highlights

  • 6,121‑square‑foot Victorian property built in 1884
  • Four‑family configuration with a primary residence, 3‑bedroom apartment, and two 2‑bedroom townhomes
  • Detached carriage house contains two townhouse‑style units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,742
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,654,840 $1.7M
Cap Rate 7%
$1,182,029 $1.2M
Cap Rate 9%
$919,356 $919.4K
Market Conditions
NOI Build-Up for 6,121 SF
Gross rent
$121.2K $19.80/SF
− Vacancy
−$3.0K −$0.49/SF
EGI
$118.2K $19.31/SF
− OpEx
−$35.5K −$5.79/SF
NOI
$82.7K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,654,840
Cap Rate 7%
$1,182,029
Cap Rate 9%
$919,356

Alternative Uses

Best Use
Multifamily LT 5
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,742 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$1.03M
$900.1K – $1.20M (±1% cap)
NOI $72,007 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M (±1% cap)
NOI $146,316 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby

Demographics for 01510, MA

15,428
Population
7,017
Households
2.2
Avg Household Size
39
Median Age
35%
College-Educated
91%
High-School Grad
5.7 sq mi
ZIP Area
2,707
Density / Sq Mi
$93,849
Median Household Income
$49,815
Median Earnings
$1,353
Median Rent
$348,000
Median Home Value

Market

Average Price Trend$/SF for Quadplexes in Worcester County, MA

$226 Jul
$211 Aug
$205 Sep
$204 Oct

Properties on Market for Quadplexes in Worcester County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Historic residence combines updated interiors, separate townhouse units, and walking access to downtown and local parks.
Where is this quadplex located?
The property is located at 33-35 Prescott Street Clinton, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6,121‑square‑foot Victorian property built in 1884; Four‑family configuration with a primary residence, 3‑bedroom apartment, and two 2‑bedroom townhomes; Detached carriage house contains two townhouse‑style units
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