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INVESTMENT SNAPSHOT
About this property
Spacious and well-maintained three-family property located near Clark University, offering an excellent investment opportunity. This large multi-family features a desirable unit mix with a 4-bedroom first-floor unit, 3-bedroom second-floor unit, and 2-bedroom third-floor unit. Nicely maintained throughout, the property offers strong rental potential in a highly sought-after location close to universities, public transportation, shopping, and local amenities. Excellent opportunity for investors looking for solid income potential in the heart of Worcester.Open House May 16th from 11am-1pm
Property details
| Units | 3 |
| Living area | 3,746 sqft |
| Lot size | 3,500 sqft |
| Year built | 1890 |
| Price / sqft | $204 |
| County | Worcester |
| MLS # | 73518788 |
Listing status
| Days on market | 18 days |
| Listed on | May 14, 2026 |
Taxes & financials
| Annual property tax | $7,801 |
| Tax year | 2025 |
| Assessed value | $591,400 |
| Zoning | RG-5 |
| Gross income (actual) | $66,900/yr |
| Net operating income (actual) | $66,900/yr |
| Total actual rent | $5,575/mo |
Building & lot
| Stories | 3 |
| Total rooms | 16 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive, Off Street, Assigned |
| Basement | Full |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood |
Utilities & systems
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator, Washer, Dryer |
Location
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Listing courtesy of Byrnes Real Estate Group LLC — Kelly Rynearson. 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 38 Oberlin St, Worcester MA 01610 have?
It is a 3-unit multi-family property with 3,746 sqft of living area, built in 1890.
How long has 38 Oberlin St, Worcester MA 01610 been on the market?
38 Oberlin St, Worcester MA 01610 has been listed for 18 days (since May 14, 2026).
What is the estimated cap rate on this 3-family in Worcester?
Based on area median rents, the estimated cap rate is about 5.5%, with a Signal Score of 90/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $765,000 across 3 units, that works out to roughly $255,000 per unit.
What are the property taxes on 38 Oberlin St, Worcester MA 01610?
Annual property taxes are $7,801 (2025), on an assessed value of $591,400.
What is the price per square foot?
At $765,000 for 3,746 sqft, that's about $204 per square foot.
Is there parking?
2 total parking spaces (paved drive, off street, assigned).
Where is this property located?
38 Oberlin St, Worcester MA 01610 is in Worcester, Worcester County, MA 01610.
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