Four-Unit Condominium
For Sale
$1,050,000
5.5 & 7 Winslow St, Worcester, MA 01609
MULTI_FAMILY - Worcester, MA
Property Size4,900 SF
Lot Size0.18 Acres
Price / SF$214.29
Days on Market47
Property Features for 5.5 & 7 Winslow St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
104
Bedrooms
14
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 4, Bedroom 9, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 10, Bedroom 11, Bedroom 2, Bedroom 13, Bedroom 5, Bedroom 12, Bathroom 4, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 5, Bedroom 14, Bedroom 8, Bedroom 7
Parking
6
Directions
Use GPS
Standard status
Active
Size
4,900 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9800
Building Details
Year built
1876
Floors in Building
5
Number of units
4
Listing Agency:
Keller Williams South Watuppa · Keller Williams Realty
(508) 677-3233
Listed By:
Clifford Ponte · License #9554597
(508) 677-3233
Added: Jun 15
Changed: Jul 30
Last Checked: Jul 31 at 3:06AM
MLS# 73535982
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale package includes four condominium units on a single lot, configured across two separate buildings. The front building contains three condominium units, each with 3 bedrooms and 1 bathroom, with recent updates throughout. The rear building is a fully renovated condominium offering 5 bedrooms and 2 bathrooms with modern finishes.
All four units have been legally converted to condominiums and are conveyed together as one sale. Recent improvements and renovations are intended to help minimize deferred maintenance while providing updated living spaces.
Conveniently located near local amenities, major routes, shopping, dining, and public transportation.
All four units have been legally converted to condominiums and are conveyed together as one sale. Recent improvements and renovations are intended to help minimize deferred maintenance while providing updated living spaces.
Conveniently located near local amenities, major routes, shopping, dining, and public transportation.
Key Highlights
- Four condominium units sold together as a package on one lot, in two separate buildings
- Front building: three condo units, each with 3 bedrooms and 1 bathroom
- Rear building: one renovated condo with 5 bedrooms and 2 bathrooms
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 | $108.8k | $22.20 |
| − Vacancy | −$6.0k | −$1.22 |
| EGI | $102.8k | $20.98 |
| − OpEx | −$30.8k | −$6.29 |
| NOI | $72.0k | $14.69 |
4,900 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$899.5K – $1.20M
NOI $71,958 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$943.6K
$825.7K – $1.10M
NOI $66,054 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,486 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,730
Businesses Nearby
Explore this area
Business Placement
Demographics for 01609, MA
23,870
Population
9,126
Households
2.6
Avg Household Size
29
Median Age
49%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
6,451
Density / Sq Mi
$61,411
Median Household Income
$32,399
Median Earnings
$1,212
Median Rent
$422,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Package of four condo units across two separate buildings, all legally converted and being sold together.
Where is this quadplex located?
The property is located at 5.5 & 7 Winslow St Worcester, MA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Four condominium units sold together as a package on one lot, in two separate buildings; Front building: three condo units, each with 3 bedrooms and 1 bathroom; Rear building: one renovated condo with 5 bedrooms and 2 bathrooms
