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Property profile & analytics
FOR SALE
Apartment buildings

1524 Main St Worcester, MA 01603

Built 1910
Property ID
US38-2367223
Property summary
AI-generated overview

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

Property profile
Verified
Property type Apartment buildings
Year built 1910
UPID US38-2367223
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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