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About this property
86-92 Hamilton Street in Worcester, MA consists of two well-located, side-by-side six-unit buildings totaling 12 units: two 3-Bedroom/1-Bathroom units, seven 2-Bedroom/1-Bathroom units, and three 1-Bedroom/1-Bathroom units with 9,234 SF of gross living area on a 0.29-acre parcel. 90-92 Hamilton was fully renovated following a fire and is sprinklered, featuring new kitchens with quartz countertops and stainless-steel appliances, new bathrooms, new flooring, and updated mechanicals. 86-88 Hamilton offers clean layouts with newer flooring, though units are not as extensively renovated. All units are separately metered, with tenants responsible for heat, hot water, and electricity. The property also includes ample off-street parking and a renovated on-site laundry facility. There is upside through rent growth in the renovated units and programmatic upgrades to the remaining units in a desirable Worcester location near major employers, transit, and amenities. Listed at an 8.25% cap rate.
Property details
| Units | 12 |
| Living area | 9,234 sqft |
| Lot size | 12,500 sqft |
| Year built | 1920 |
| Price / sqft | $249 |
| County | Worcester |
| MLS # | 73529940 |
Listing status
| Days on market | 4 days |
| Listed on | June 4, 2026 |
Taxes & financials
| Annual property tax | $23,276 |
| Tax year | 2026 |
| Assessed value | $1,752,700 |
| Zoning | BL-1 |
| Gross income (actual) | $253,992/yr |
| Net operating income (actual) | $189,685/yr |
| Total actual rent | $20,916/mo |
| Electric expense | $2,037/yr |
| Insurance expense | $7,226/yr |
Building & lot
| Stories | 5 |
| Total rooms | 48 |
| Lot size | 0.29 acres |
| Garage spaces | 0 |
| Parking spaces | 12 |
| Parking | Off Street |
| Foundation | Stone, Slab |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Horvath & Tremblay — Ethan Lazar. 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 86-92 Hamilton St, Worcester MA 01604 have?
It is a 12-unit multi-family property with 9,234 sqft of living area, built in 1920.
How long has 86-92 Hamilton St, Worcester MA 01604 been on the market?
86-92 Hamilton St, Worcester MA 01604 has been listed for 4 days (since June 4, 2026).
What is the estimated cap rate on this 12-family in Worcester?
Based on area median rents, the estimated cap rate is about 7.3%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,300,000 across 12 units, that works out to roughly $191,667 per unit.
What are the property taxes on 86-92 Hamilton St, Worcester MA 01604?
Annual property taxes are $23,276 (2026), on an assessed value of $1,752,700.
What is the price per square foot?
At $2,300,000 for 9,234 sqft, that's about $249 per square foot.
Is there parking?
12 total parking spaces (off street).
Where is this property located?
86-92 Hamilton St, Worcester MA 01604 is in Worcester, Worcester County, MA 01604.
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