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INVESTMENT SNAPSHOT
About this property
9% Cap Rate Investment Property!!!! Introducing Worcester's most impressive multi-family -perfect for both investors and owner-occupants. This home has been thoughtfully renovated, both inside and out with care, quality craftsmanship and will bring its new owner carefree living, maximized rental values and low maintenance for years to come. Inside find modern, expansive units with open floor plan; cooktop islands w. breakfast bar, updated cabinets, flooring, tile, appliances and in-unit washer/dryer stations. Outside all exterior components are brand new, i.e. siding, gutters, large driveway, bulkhead & windows. The renovations extend far beyond cosmetics—including all new hot air furnaces, electric water heaters, dry basement with a new concrete pad and exterior French drain. All this and the convenience of a prime yet peaceful location, close to Holy Cross, Mass Pike, Rt 20/Auburn Line, Rt 146 & I290. This is a rare opportunity.
Property details
| Units | 3 |
| Living area | 3,492 sqft |
| Lot size | 0 sqft |
| Year built | 2026 |
| Price / sqft | $229 |
| County | Worcester |
| MLS # | 73516804 |
Taxes & financials
| Annual property tax | $6,731 |
| Tax year | 2025 |
| Assessed value | $785,000 |
| Zoning | RL-7 |
| Gross income (actual) | $85,200/yr |
| Net operating income (actual) | $85,200/yr |
| Total actual rent | $7,100/mo |
Building & lot
| Stories | 3 |
| Total rooms | 16 |
| Lot size | 0 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Full, Bulkhead, Concrete |
| Foundation | Stone, Brick/Mortar |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Laminate, Hardwood, Stone/Ceramic Tile |
Utilities & systems
| Heating | Forced Air, Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public, Individual Meter |
| Utilities | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Appliances | Range, Dishwasher, Refrigerator |
Location
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Listing courtesy of Lamacchia Realty, Inc. — Amber Martin. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 19 Reeves St, Worcester MA 01607 have?
It is a 3-unit multi-family property with 3,492 sqft of living area, built in 2026.
What is the estimated cap rate on this 3-family in Worcester?
Based on area median rents, the estimated cap rate is about 5.3%, with a Signal Score of 89/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $799,900 across 3 units, that works out to roughly $266,633 per unit.
What are the property taxes on 19 Reeves St, Worcester MA 01607?
Annual property taxes are $6,731 (2025), on an assessed value of $785,000.
What is the price per square foot?
At $799,900 for 3,492 sqft, that's about $229 per square foot.
Is there parking?
5 total parking spaces (paved drive, off street, paved).
Where is this property located?
19 Reeves St, Worcester MA 01607 is in Worcester, Worcester County, MA 01607.
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