Active
18 Days on market
106 Illinois St Worcester — Photo 1 of 39

106 Illinois St Worcester — Photo 1 of 39

$679,000

Investment Analysis — 106 Illinois St

Worcester, MA 01603

Based on rent reported on the MLS listing, a 3-unit multi-family in 01603 carries $6,200/mo in gross rent — about a 7.41% cap rate and $50,310/yr in estimated NOI at the $679,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

3

SqFt

2,310

Style

3 Family

Built

1898

Great Investment Property!!! This well-maintained three-family home offers an excellent opportunity for investors or owner-occupants looking to build equity and generate rental income. The property features three spacious units, providing flexibility for owner occupancy or leasing all three apartments. A full basement with additional storage/laundry potential, and off street parking for up to 4 vehicles. well located near university, shopping, restaurants and majour routes.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$679,000
Annual Taxes$6,234

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms14
FireplacesNone
FlooringWood, Tile, Laminate
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRG-5

Property & Lot

Acres0.15
SqFt Lot6,500
Lot Features--

Geography

Listing Provided By

Listing Agent: Silvia Monteiro

Listing Office: Dell Realty Inc.

MLS® Number: 73568767