Three-Unit Residential Income
6 Beckman Street Worcester, MA 01607
6 Beckman Street, Worcester, MA, 01607
$600,000
For Sale
$600,000
Well-maintained three-unit property with two 2-bedroom units and one 1-bedroom unit, each with porches and storage.
Property Size2,313 SF
Price / SF$259.40
Days on Market163
Property Features for 6 Beckman Street
General Information
- Standard status
- Active
- Size
- 2,313 SF
- Property subtype
- Multi-family / 3 Family - 3 Units Up/Down
Building Details
- Year Built
- 1905
Listing agency
Coldwell Banker Realty - Worcester
(508) 795-7500
Listed by
Michael C. Deluca · License #9057805
(508) 795-7500
Source
Compass
Added: Feb 10 Updated: Jul 22 at 1:47PM Checked: Jul 22 at 1:47PM
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 Coldwell Banker Realty - Worcester
Investment Insights
Based on property information with market context.
This well-maintained three-unit residential income property features two four-room, 2-bedroom, 1-bath units and one three-room, 1-bedroom, 1-bath unit. Each unit includes a porch and storage, and the walk-out basement provides coin-op laundry. The property also notes updated systems including the roof, windows, heat, hot water, and electrical service, with lead certifications for the first and second floor units.
The property is located on a dead-end street minutes from The College of the Holy Cross. It is configured for flexible occupancy, including the option for an owner to live in one unit while renting the others.
Overall, the building presents a clear three-unit layout with multiple updated components and practical in-unit amenities such as porches and storage, supported by shared coin-op laundry in the basement.
The property is located on a dead-end street minutes from The College of the Holy Cross. It is configured for flexible occupancy, including the option for an owner to live in one unit while renting the others.
Overall, the building presents a clear three-unit layout with multiple updated components and practical in-unit amenities such as porches and storage, supported by shared coin-op laundry in the basement.
Key Highlights
- Three‑unit multi‑family built in 1905 on a dead‑end street, minutes from The College of the Holy Cross
- Unit mix: two 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit
- Each unit includes a porch and storage
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 | −$14.6k | −$6.29 |
| NOI | $34.0k | $14.69 |
2,313 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$485.2K
$424.6K – $566.1K
NOI $33,967 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$445.4K
$389.8K – $519.7K
NOI $31,180 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$772.0K
$675.5K – $900.7K
NOI $54,042 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-unit property with two 2-bedroom units and one 1-bedroom unit, each with porches and storage.
Where is this triplex located?
The property is located at 6 Beckman Street Worcester, MA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Three‑unit multi‑family built in 1905 on a dead‑end street, minutes from The College of the Holy Cross; Unit mix: two 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit; Each unit includes a porch and storage
