14 Ericsson St Worcester — Photo 1 of 31
$799,999
Investment Analysis — 14 Ericsson St
Worcester, MA 01606
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-unit multi-family in 01606 carries an estimated $8,250/mo in gross rent — about a 8.59% cap rate and $68,753/yr in estimated NOI at the $799,999 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
3,918
Style
3 Family
Built
1925
Fantastic opportunity to own a well-maintained three-family in Worcester’s desirable Greendale neighborhood! Each spacious unit offers 3 bedrooms and 1 full bath, hardwood flooring and gas heat. Property features updated electrical with a separate landlord meter, updated roof, gutters, a 3-car garage plus additional off-street parking. First-floor unit includes a private outdoor deck. Property can be delivered vacant, offering flexibility for an owner-occupant or investor to select their own tenants. Potential gross rental income could exceed $6,000/month. Conveniently located near major highways, shopping, local dining and area amenities. A great opportunity to add a solid Worcester multifamily to your investment portfolio or live in one unit while generating income from the others!
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Highway Access • House of Worship • Public School
Geography
Listing Agent: Worcester County Homes Team
Listing Office: RE/MAX Vision
MLS® Number: 73569084