328 Brooks St, Worcester MA 01606

Worcester, MA 01606
$695,000
Est. $4,380/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5
Beds
3
Baths
2,926
Sq Ft
$238
Price/Sq Ft
0.24
Acres
1925
Year Built
2
Garage Spaces
184
Days on Market
For Sale Listed Apr 1, 2026 • MLS# 73494972 Copied! • Updated Jul 29, 2026

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About this home

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.

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Property History

Property Timeline

🏠
Listed for Sale
Apr 2, 2026
$695,000
Original listing
Agent: Carl Heitman Office: Property Investors & Advisors, LLC

Tax History

Year Taxes Assessment
2025 $7,993 $408,100

Financial Details

Annual Property Tax
$7,993
Tax Year 2025
Assessed Value
$408,100

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1925
Living Area 2,926 sq ft
Lot Size 0.24 acres
Stories 3
Bedrooms 5
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent $1,750/mo · N
Unit 2 Rent $1,750/mo · N
Unit 3 Rent $1,400/mo · N
Unit 4 Rent $450/mo · N
Total Monthly Rent $5,350/mo
Gross Income $64,200
Net Operating Income $64,200
Cap Rate 9.24%
Heating Natural Gas
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Full, Bulkhead, Sump Pump, Concrete
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 10
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,993
Assessed Value $408,100
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures Agent Is A Relative Of The Seller. Buyer Responsible For Due Diligence.
Exclusions Personal Property
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Living area is based on public record. Buyer to verify all measurements and legal use.
Documents None
County Worcester
Total market time (incl. prior listings) 155 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1925
Bedrooms
5
Full Bathrooms
3
Living Area
2,926 sq ft
Total Rooms
15
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: Full, Bulkhead, Sump Pump, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1925
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Stone, Irregular
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot, Cleared, Gentle Sloping
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 10
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $666
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
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Save $0/mo
Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

328 Brooks St, Worcester MA 01606

Worcester, MA 01606

Listing Information

Listing Office Property Investors & Advisors, LLC
Office Phone 774-413-0272
Agent MLS ID CN250638
Office MLS ID AN6259
Listing Data Updated Jul 29, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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