HomeWorcester3 Family - 3 Units Up/Down328 Brooks St, Worcester MA 01606
328 Brooks St, Worcester MA 01606 — photo 1 of 321 / 32
$695,000
328 Brooks St, Worcester MA 01606
3 units · 5 bd · 3 ba · 2,926 sqft · $231,667/unit
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INVESTMENT SNAPSHOT

Signal Score93 / 100
Est. Cap Rate6.1%
GRM10.7
Gross Scheduled Income$64,772/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Opportunity to own a mixed-use multifamily property in Worcester’s BL-1 zone, just off I-190 at the Mountain St exit. This is 3-family building with two, 2-bedroom units, one, 1-bedroom unit, and an oversized 26'x26' detached heated garage generating additional income. Current rents total $5,350/month. Situated on a 10,360 SF lot with 8 off-street parking spaces. This property offers cash flow and future upside for investors, owner-users, or buyers seeking a commercially zoned location with excellent highway access. City water/sewer, natural gas, and convenient access to major routes, downtown Worcester, and area amenities make this a versatile and appealing asset. All units TAW. All units and garage separately metered gas & electric with owner panel. Water heaters circa 2022, 2023 & 2024. Recent improvements include repointing of the fieldstone foundation, per seller.

Property details

Units3
Living area2,926 sqft
Lot size10,360 sqft
Year built1925
Price / sqft$238
CountyWorcester
MLS #73494972

Listing status

Days on market65 days
Listed onApril 1, 2026

Taxes & financials

Annual property tax$7,993
Tax year2025
Assessed value$408,100
ZoningBL-1
Gross income (actual)$60,600/yr
Net operating income (actual)$60,600/yr
Total actual rent$5,350/mo

Building & lot

Stories3
Total rooms15
Lot size0.24 acres
Garage spaces2
Parking spaces10
ParkingPaved Drive, Off Street
BasementFull, Bulkhead, Sump Pump, Concrete
FoundationConcrete Perimeter, Stone, Irregular
RoofShingle
ConstructionFrame

Utilities & systems

HeatingNatural Gas
SewerPublic Sewer
WaterPublic
AppliancesRange, Refrigerator

Location

More about investing in Worcester

Listing courtesy of Property Investors & Advisors, LLC — Carl Heitman. 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 328 Brooks St, Worcester MA 01606 have?

It is a 3-unit multi-family property with 2,926 sqft of living area, built in 1925.

How long has 328 Brooks St, Worcester MA 01606 been on the market?

328 Brooks St, Worcester MA 01606 has been listed for 65 days (since April 1, 2026).

What is the estimated cap rate on this 3-family in Worcester?

Based on area median rents, the estimated cap rate is about 6.1%, with a Signal Score of 93/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $695,000 across 3 units, that works out to roughly $231,667 per unit.

What are the property taxes on 328 Brooks St, Worcester MA 01606?

Annual property taxes are $7,993 (2025), on an assessed value of $408,100.

What is the price per square foot?

At $695,000 for 2,926 sqft, that's about $238 per square foot.

Is there parking?

2 garage spaces and 10 total parking spaces (paved drive, off street).

Where is this property located?

328 Brooks St, Worcester MA 01606 is in Worcester, Worcester County, MA 01606.

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