247 Shrewsbury St Worcester — Photo 1 of 30
$650,000
Investment Analysis — 247 Shrewsbury St
Worcester, MA 01604
Based on rent reported on the MLS listing, a 3-unit multi-family in 01604 carries $5,400/mo in gross rent — about a 6.52% cap rate and $42,404/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
3
SqFt
3,567
Style
3 Family
Built
1912
Rare Find! Nice 3-Family on Shrewsbury Street w/ Amazing Equity Potential! 1st Floor is Vacant and can easily be converted to a 3 bedroom. 3rd Floor coming vacant. 2nd Floor looking for a new place to move out currently in a TAW. Nice Solid Building with a recent roof 5-7 years old. 1st Floor needs cosmetic updating to be really nice. 2nd & 3rd Floor units are in pretty good shape. The basement has a finished area for great bonus space. Vinyl Siding, Fenced in Yard w/ Patio, Front/Back Porches & Laundry Hookups!
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 MLS and other third-party data may be inaccurate or out of date.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 • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Property History
$650,000
Was $625,000
Sep 11, 2026
MLS® 73465335
$625,000
Jan 5, 2026
MLS® 73465335
Listing Agent: Daniel Diroberto
Listing Office: The DiRoberto Group Inc.
MLS® Number: 73465335