Four-Unit Multifamily
For Sale
$1,050,000
5.5 & 7 Winslow St, Worcester, MA 01609
Residential Income, Worcester, MA
Property Size4,900 SF
Lot Size0.18 Acres
Price / SF$214.29
Days on Market113
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 13, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 11, Bedroom 5, Bathroom 5, Bedroom 8, Bedroom 2, Bedroom 7, Bedroom 6, Bedroom 14, Bedroom 1, Bedroom 9, Bedroom 12, Bedroom 10, Bedroom 3, Bathroom 4
Parking
6
Directions
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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) 675-0995
Added: Jun 15
Changed: Oct 5
Last Checked: Oct 5 at 2:06PM
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 Worcester multifamily property brings together four condominium units on one parcel, arranged across two buildings. The front building contains three units, each with three bedrooms and one bathroom, and has received recent updates. A five-bedroom, two-bathroom unit occupies the rear building, which has been renovated. The buildings total 4,900 square feet on a 0.1815-acre lot. All four condominiums are being conveyed as a single offering.
Key Highlights
- Four condominium units conveyed together on one parcel
- Two buildings with 4,900 square feet in total
- 0.1815‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,054
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,321,080
$1.3M
Cap Rate 7%
$943,629
$943.6K
Cap Rate 9%
$733,933
$733.9K
Market Conditions
NOI Build-Up for 4,900 SF
Gross rent
$126.4K $25.80/SF
− Vacancy
−$6.3K −$1.29/SF
EGI
$120.1K $24.51/SF
− OpEx
−$54.0K −$11.03/SF
NOI
$66.1K $13.48/SF
Area
Worcester, MA
Vacancy
5.00%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,321,080
Cap Rate 7%
$943,629
Cap Rate 9%
$733,933
Alternative Uses
Best Use
Apartment 5plus
$943.6K
$825.7K – $1.10M
NOI $66,054 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
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
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Current Use
Lease Details
4
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two buildings contain separately converted condominiums, including a renovated five-bedroom unit.
Where is this multifamily property 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 conveyed together on one parcel; Two buildings with 4,900 square feet in total; 0.1815‑acre lot
