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Massive Worcester Multifamily Investment Opportunity

8 Lowell St, Worcester, MA 01603

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For Sale

$799,000

Large 3-family property with 14 bedrooms and 5 bathrooms.

Type:3 Family

Property size:

4,612 SF

Price / SF:

$173/SF

HighLights

Delivered fully vacant, allowing immediate control for setting market rents and renovation.
Exceptional investment opportunity with strong rental income potential.
Massive 3‑family property with 14 bedrooms and 5 bathrooms.
More than 10 parking spaces, a rare and valuable amenity.
Spacious units with flexible layouts and abundant living space.
Convenient location near local amenities, public transportation, and major routes.

We can help!

Listing Contact

Minh Voduy

Learn more

For Sale

$799,000

Large 3-family property with 14 bedrooms and 5 bathrooms.

Type:3 Family

Property size:

4,612 SF

Price / SF:

$173/SF

Added:: Apr 9, 2026
Days on Market:: 61
Last Refresh:: Apr 20 at 6:53 pm

Property Features for 8 Lowell St

General Information

Standard status: Active
Size: 4,612 SF
Property subtype: 3 Family

Building Details

Year Built: 1884

We can help!

Listing Contact

Minh Voduy

Listing agent Minh Voduy

Listing office Thread Real Estate, LLC

Listing date Apr 9, 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 Thread Real Estate, LLC

HighLights

Delivered fully vacant, allowing immediate control for setting market rents and renovation.
Exceptional investment opportunity with strong rental income potential.
Massive 3‑family property with 14 bedrooms and 5 bathrooms.
More than 10 parking spaces, a rare and valuable amenity.
Spacious units with flexible layouts and abundant living space.
Convenient location near local amenities, public transportation, and major routes.

Overview

This 3-family property in Worcester presents an investment opportunity. The property features a total of 14 bedrooms and 5 bathrooms. The units offer spacious layouts and living space. More than 10 parking spaces are available. The building will be delivered fully vacant, providing an opportunity for the new owner to set market rents, renovate, or reposition the asset. The property is located near local amenities, public transportation, and major routes. The property size is 4612 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$102.4k	$22.20
− Vacancy	−$5.6k	−$1.22
EGI	$96.8k	$20.98
− OpEx	−$29.0k	−$6.29
NOI	$67.7k	$14.69

4,612 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$967.6K

$846.6K – $1.13M (±1% cap)

NOI $67,729 @ 7.0% cap · market cap 8.48%

Second Best

Apartment 5plus

$888.2K

$777.2K – $1.04M (±1% cap)

NOI $62,172 @ 7.0% cap · market cap 7.78%

Theoretical Best

Office A

$1.54M

$1.35M – $1.80M (±1% cap)

NOI $107,757 @ 7.0% cap · market cap 13.49%

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

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Worcester
County: Worcester
State: Massachusetts
Longitude: -71.8260797
Latitude: 42.2467187

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For sale
Triplexes
MA
Worcester
01603
8 Lowell St

What type of property is this?

Triplex - Large 3-family property with 14 bedrooms and 5 bathrooms.

Where is this triplex located?

The property is located at 8 Lowell St Worcester, MA.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Delivered fully vacant, allowing immediate control for setting market rents and renovation.; Exceptional investment opportunity with strong rental income potential.; Massive 3‑family property with **14 bedrooms and 5 bathrooms.**