
7 Preston St Worcester — Photo 1 of 42
Recent Drop: $50,000
$649,999
Investment Analysis — 7 Preston St
Worcester, MA 01610 — Downtown
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 $7,590/mo in gross rent — about a 9.22% cap rate and $59,926/yr in estimated NOI at the $649,999 list price. Adjust every assumption in the calculator below.
Beds
10
Baths
3
SqFt
4,365
Style
3 Family
Built
1890
Completely Vacant! Excellent Investment and Rare Opportunity to Own this Spacious-Vacant 4365 Sq. Ft. Traditional, Oversized 3 family " Triple Decker". This home is offering strong potential and flexibility for investors or owner occupied. This expansive multifamily has a 10 yr. roof, vinyl siding and driveway offering ample off street parking for 6-8 cars and has 3 unique "Shed' storage and updated back porches on each unit, 1st Floor eat in kitchen has been recently updated and modernized with a tiled finished bathroom, featuring a modern forced hot water central heating system. 2nd floor recently updated with standard gas on gas space heating system and 3rd floor needs a lot of cosmetic love. Each Apt has 3 BD WITH POTENTIAL FOR-4 beds ON THE 1ST FLOOR AND 2ND FLOOR- POTENTIAL-5 BEDS 3RD FLOOR, living room, dining room combo, hardwood floors and laundry hook ups. Conveniently located in a centrally positioned neighborhood with downtown amenities, Rte 9, Rte 122, Rte 395, Clark University, Polar Park, Union Train Station, WSU, Holy Cross College & shopping plaza. Brand New Playground in back of home,school playground across the street. YMCA back of house, Boys and Girls Club, School across the street.
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 MLS and other third-party data may be inaccurate or out of date.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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Property History
$649,999
Was $669,000
Aug 17, 2026
MLS® 73551634
$669,000
Was $669,999
Aug 11, 2026
MLS® 73551634
$669,999
Was $699,999
Aug 3, 2026
MLS® 73551634
$699,999
Jul 17, 2026
MLS® 73551634
Listing Agent: Karynsue Marchionereilly
Listing Office: Park Place Realty Enterprises
MLS® Number: 73551634