4 S Harlem St, Worcester, MA 01610
Three-family home with updates, parking, and income potential.
- 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
Listing agent Paul O'Rourke (774) 312-6615
Listing office The O'Rourke Group Real Estate Professionals (774) 312-6615
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8006203
- Latitude
- 42.2454509