1524 Main St Worcester, MA 01603
For Sale
1 / 41
Rare Worcester investment opportunity! This fully vacant five-family property offers exceptional potential for investors, contractors, or owner-occupants looking to customize and maximize value. Four of the five units have been renovated with modern updates throughout and feature all new hot water tanks along with brand-new, never-used appliances. The remaining unit has been taken down to the studs and already features all new plumbing and electrical wiring—providing a strong foundation for the next owner to complete to their own specifications. Property is being sold AS IS. With all units delivered vacant, this presents a unique opportunity for the new owner to establish market-driven rental rates from day one, maximizing income potential and positioning the asset for strong long-term returns. The property also offers off-street parking, adding both convenience and additional tenant appeal. bikeScore: 53, Bikeable walkScore: 80, Very Walkable transitScore: 35, Some Transit
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.