Triplex With Updated Plumbing and
New
For Sale
$679,900
5 Diamond St, Worcester, MA 01610
MULTI_FAMILY - Worcester, MA
Property Size2,988 SF
Lot Size0.06 Acres
Price / SF$227.54
Days on Market2
Property Features for 5 Diamond St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RG-5
Bedrooms
9
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 6, Bedroom 8, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 9, Bedroom 3, Bathroom 1
Parking
3
Directions
GPS
Standard status
Active
APN
M:05 B:029 L:00016,1766199
Size
2,988 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6107
Building Details
Year built
1890
Floors in Building
3
Number of units
3
Listing Agency:
Keller Williams Pinnacle Central · Keller Williams Realty
(508) 754-3020
Listed By:
Sarah Gustafson
(508) 754-3020
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 1 at 10:06AM
MLS# 73557492
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.
Triplex property built in 1890 offering 2,988 square feet of living space on a 0.0584-acre lot. The layout includes nine bedrooms, three fully applianced kitchens, separate pantry areas, and spacious living rooms. Updates completed during the seller’s ownership include new plumbing, updated electrical, refreshed kitchens and bathrooms, along with updated walls and flooring.
The basement is dry with a concrete floor, providing extra storage space and potential for future expansion. Zoning is RG-5.
The property is positioned for everyday convenience, described as only minutes to all major routes, making it practical for tenants seeking straightforward access to the Worcester area.
The basement is dry with a concrete floor, providing extra storage space and potential for future expansion. Zoning is RG-5.
The property is positioned for everyday convenience, described as only minutes to all major routes, making it practical for tenants seeking straightforward access to the Worcester area.
Key Highlights
- 2,988 SF triplex on a 0.0584‑acre lot
- Zoned RG‑5
- Nine bedrooms across three fully applianced kitchens
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 | $66.3k | $22.20 |
| − Vacancy | −$3.6k | −$1.22 |
| EGI | $62.7k | $20.98 |
| − OpEx | −$18.8k | −$6.29 |
| NOI | $43.9k | $14.69 |
2,988 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$626.9K
$548.5K – $731.3K
NOI $43,880 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$575.4K
$503.5K – $671.3K
NOI $40,280 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$997.3K
$872.7K – $1.16M
NOI $69,813 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
889
Businesses Nearby
Explore this area
Business Placement
Demographics for 01610, MA
28,717
Population
10,263
Households
2.8
Avg Household Size
28
Median Age
18%
College-Educated
74%
High-School Grad
2.1 sq mi
ZIP Area
13,675
Density / Sq Mi
$43,757
Median Household Income
$22,978
Median Earnings
$1,339
Median Rent
$279,100
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?
Triplex - Triplex with nine bedrooms, three equipped kitchens, and RG-5 zoning, plus updates including new plumbing and electrical.
Where is this triplex located?
The property is located at 5 Diamond St Worcester, MA.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: 2,988 SF triplex on a 0.0584‑acre lot; Zoned RG‑5; Nine bedrooms across three fully applianced kitchens
