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    Well-Maintained Three-Family Home Title is generated by Realmo AI

    4 S Harlem St, Worcester, MA 01610

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    For Sale
    $639,000

    Three-family home with updates, parking, and income potential.

    Type:3 Family
    Property size:
    2,310 SF
    Price / SF:
    $276/SF
    Added:
    Apr 2, 2026
    Days on Market:
    68
    Last Refresh:
    Apr 20 at 7:47 pm

    Property Features for 4 S Harlem St

    General Information

    Standard status
    Active
    Size
    2,310 SF
    Property subtype
    3 Family

    Building Details

    Year Built
    1890

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    Listing Contact
    Paul O'Rourke
    Paul O'Rourke

    Listing agent Paul O'Rourke

    Listing office The O'Rourke Group Real Estate Professionals

    Listing date Apr 2, 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 The O'Rourke Group Real Estate Professionals

    HighLights

    • Vacant third‑floor unit ideal for immediate occupancy or rental income.
    • Multiple updates within the last 10 years: newer roof, siding, heating systems, water systems, upgraded electrical service, and paved driveway.
    • Ample off‑street parking.
    • Convenient location near major routes: I‑290, Mass Pike, Route 20, and Route 146.
    • Additional income potential from on‑site coin‑operated washer and dryer units.
    • Closed‑circuit camera system for added security.

    Overview

    This well-maintained three-family home presents an opportunity for investors or owner-occupants. The property features a vacant third-floor unit suitable for immediate occupancy or rental income. Numerous updates have been completed within the past 10 years, including a newer roof, siding, heating systems, water systems, upgraded electrical service, and a paved driveway. Ample off-street parking is available. Additional income potential exists with on-site coin-operated washer and dryer units. A closed-circuit camera system is installed for added security. The property is conveniently located near major routes including I-290, the Mass Pike, Route 20, and Route 146. The property size is 2310 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 $51.3k $22.20
    − Vacancy −$2.8k −$1.22
    EGI $48.5k $20.98
    − OpEx −$14.5k −$6.29
    NOI $33.9k $14.69
    2,310 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $484.6K
    $424.0K – $565.4K (±1% cap)
    NOI $33,923 @ 7.0% cap · market cap 5.31%
    Second Best
    Apartment 5plus
    $444.9K
    $389.3K – $519.0K (±1% cap)
    NOI $31,140 @ 7.0% cap · market cap 4.87%
    Theoretical Best
    Office A
    $771.0K
    $674.7K – $899.5K (±1% cap)
    NOI $53,972 @ 7.0% cap · market cap 8.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market 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
    -71.8006203
    Latitude
    42.2454509

    FAQs

    What type of property is this?
    Triplex - Three-family home with updates, parking, and income potential.
    Where is this triplex located?
    The property is located at 4 S Harlem St Worcester, MA.
    What is the asking price?
    The asking price for this property is $639,000.
    What are key features of this property?
    This property features: Vacant third‑floor unit ideal for immediate occupancy or rental income.; Multiple updates within the last 10 years: newer roof, siding, heating systems, water systems, upgraded electrical service, and paved driveway.; Ample off‑street parking.
    More about this property
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