7 Maxwell St Worcester — Photo 1 of 42
$699,000
Investment Analysis — 7 Maxwell St
Worcester, MA 01607
Based on rent reported on the MLS listing, a 3-unit multi-family in 01607 carries $1,400/mo in gross rent — about a 0.65% cap rate and $4,564/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
3,186
Style
3 Family
Built
1890
This multi- family has been owned by same family since being built in 1890, family bought directly from the builder, and has been a family home since, loved and cared for. The home is an attractive opportunity for investors or Owner occupy to generate rental income. The first floor is Owner occupied and 2nd floor tenants,, 3rd floor is vacant - Owners choice not to rent. The property has a newer roof - approximately 3 years old, vinyl sided and vinyl windows, all separately metered and circuit breakers with common area panel as well, and 3 gas hot water tanks for each apartment. Property is centrally located and convenient to many shops, public transportation, and highways. Great area for commuting. Home has been well cared for, but needs cosmetic updates. Bring your vision to see what improvements suit your needs. Great investment - Lot is huge - just under 1/4 acre so maybe could be room for additional building. Owner has never explored this as they loved having the large yard for entertaining, cookouts, gardens back in the day, etc...
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Highway Access • Public School
Geography
Property History
$699,000
Sep 11, 2026
MLS® 73576179
$1,650
Oct 31, 2024
MLS® 73248865
$1,650
Jun 6, 2024
MLS® 73248865
Listing Agent: Maura O' Connor
Listing Office: A. J. Homes
MLS® Number: 73576179