Four-Unit Multi-Family
9-11 Barclay St Worcester, MA 01604
9-11 Barclay St, Worcester, MA, 01604
$709,900
For Sale
$709,900
Four-unit property features a three-family and a single-family home on the same lot.
Property Size3,083 SF
Price / SF$230.26
Days on Market104
Property Features for 9-11 Barclay St
General Information
- Standard status
- Active
- Size
- 3,083 SF
- Property subtype
- 4 Family
Building Details
- Year Built
- 1900
Listing agency
Realty Solutions Inc.
(978) 804-4120
Listed by
Silvana Silva
(978) 804-4120
Source
Lockandkeyre
Added: Apr 9 Updated: Jul 21 at 4:40PM Checked: Jul 21 at 4:40PM
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 Realty Solutions Inc.
Investment Insights
Based on property information with market context.
This for-sale four-unit property combines a three-family residence and a separate single-family home on the same lot. The multi-family includes a newer roof installed in 2023.
The offering is located at 9-11 Barclay St in Worcester, MA 01604. Rents are described as currently below market in the seller’s remarks.
As presented, the property offers two distinct residential components under one ownership, with the 2023 roofing upgrade noted for the multi-family portion.
The offering is located at 9-11 Barclay St in Worcester, MA 01604. Rents are described as currently below market in the seller’s remarks.
As presented, the property offers two distinct residential components under one ownership, with the 2023 roofing upgrade noted for the multi-family portion.
Key Highlights
- Four‑unit property with a three‑family and a single‑family home on the same lot
- Multi‑family has a newer roof (2023)
- Rents are currently below market, offering potential value‑add
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 | $68.4k | $22.20 |
| − Vacancy | −$3.8k | −$1.22 |
| EGI | $64.7k | $20.98 |
| − OpEx | −$19.4k | −$6.29 |
| NOI | $45.3k | $14.69 |
3,083 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$646.8K
$565.9K – $754.6K
NOI $45,275 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$593.7K
$519.5K – $692.7K
NOI $41,560 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.03M
$900.4K – $1.20M
NOI $72,033 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit property features a three-family and a single-family home on the same lot.
Where is this quadplex located?
The property is located at 9-11 Barclay St Worcester, MA.
What is the asking price?
The asking price for this property is $709,900.
What are key features of this property?
This property features: Four‑unit property with a three‑family and a single‑family home on the same lot; Multi‑family has a newer roof (2023); Rents are currently below market, offering potential value‑add
