15 Vernon St Worcester — Photo 1 of 41
$825,000
Investment Analysis — 15 Vernon St
Worcester, MA 01610
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-unit multi-family in 01610 carries an estimated $6,850/mo in gross rent — about a 6.77% cap rate and $55,833/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
4
SqFt
3,770
Style
3 Family - 3 Units Up/Down
Built
1904
Welcome to 15 Vernon Street, a fully renovated three family in the heart of Worcester’s sought after Kelley Square neighborhood! Redone from the studs in, this property offers 8 bedrooms and 4 bathrooms across three updated units, making it an excellent opportunity for both investors and owner occupants. Each unit features a fresh, modern interior with updated kitchens, bathrooms, flooring, and mechanicals. Utilities are separately metered, offering added convenience for future ownership and tenants. With projected rents totaling approximately $7,500 per month, there is strong income potential from day one. Located just minutes from Polar Park, Worcester Public Market, restaurants, shops, major routes, and everything the Canal District has to offer. Whether you’re looking to expand your portfolio or live in one unit while renting the others, this turnkey three family is ready for its next owner!
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: We Close Deals Team
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73576079