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    Quadplex with Renovated Third Floor Title is generated by Realmo AI

    6 Piedmont St, Worcester, MA 01610

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    Claim this Listing
    New
    For Sale
    $710,000

    Quadplex with a finished basement, vacant storefront, and a newly installed roof.

    Type:4 Family - 4 Units Up/Down
    Property size:
    4,005 SF
    Price / SF:
    $177/SF
    Added:
    Jun 5, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 10 at 2:40 am

    Property Features for 6 Piedmont St

    General Information

    Standard status
    Active
    Size
    4,005 SF
    Property subtype
    4 Family - 4 Units Up/Down

    Building Details

    Year Built
    1890

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    Listing Contact
    Pho Huynh

    Listing agent Pho Huynh

    Listing office Charlton Realty

    Listing date Jun 5, 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 Charlton Realty

    HighLights

    • Quadplex built in 1890
    • Vacant storefront included
    • Finished basement
    • Newly installed roof
    • Third floor renovated

    Overview

    This quadplex includes a finished basement and a vacant storefront, offering a mix of residential income space and retail frontage potential. The property has a newly installed roof, and the third floor has been renovated. Layout and updates support a hands-on approach for an owner looking to stabilize and operate a multi-unit asset.

    The building is located at 6 Piedmont St in Worcester, MA 01610. Convenient street-level access is relevant given the presence of a storefront space, and the improvements make the property easier to plan for current and future occupancy.

    For buyers seeking a residential income property, the combination of finished basement space and a renovated third floor can help reduce near-term work for an operator. The vacant storefront can also allow for flexibility in tenanting strategy, depending on the buyer’s intended use for that space. Overall, it presents an opportunity to acquire a multi-family asset with documented exterior and unit-level upgrades already completed.

    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 $88.9k $22.20
    − Vacancy −$4.9k −$1.22
    EGI $84.0k $20.98
    − OpEx −$25.2k −$6.29
    NOI $58.8k $14.69
    4,005 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $840.2K
    $735.2K – $980.3K (±1% cap)
    NOI $58,815 @ 7.0% cap · market cap 8.28%
    Second Best
    Apartment 5plus
    $771.3K
    $674.9K – $899.8K (±1% cap)
    NOI $53,989 @ 7.0% cap · market cap 7.60%
    Theoretical Best
    Office A
    $1.34M
    $1.17M – $1.56M (±1% cap)
    NOI $93,575 @ 7.0% cap · market cap 13.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Tito barber home ... Employment Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8110715
    Latitude
    42.2567723

    FAQs

    What type of property is this?
    Quadplex - Quadplex with a finished basement, vacant storefront, and a newly installed roof.
    Where is this quadplex located?
    The property is located at 6 Piedmont St Worcester, MA.
    What is the asking price?
    The asking price for this property is $710,000.
    What are key features of this property?
    This property features: Quadplex built in 1890; Vacant storefront included; Finished basement
    More about this property
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