328 Brooks St, Worcester MA 01606
Worcester, MA 01606
$695,000
Est. $4,380/month
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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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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Apr 2, 2026
$695,000
Original listing
Agent: Carl Heitman
Office: Property Investors & Advisors, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/02/2026 | 🏠 Listed for Sale | $695,000 | - | - | Original listing |
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
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%
Interior
Heating
Natural Gas
Cooling
None
Flooring
None
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Bulkhead, Sump Pump, Concrete
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
10
Utilities
Electric
Circuit Breakers, 100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$7,993
Assessed Value
$408,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Agent Is A Relative Of The Seller. Buyer Responsible For Due Diligence.
Exclusions
Personal Property
Additional Details
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)
119 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
Interactive room guide
Floor Layout
Finished Area
2,926 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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 District
Worcester School District local
C-
Where Graduates Go
Class of 2021
51%
attend college
35%
4-Year
16%
2-Year
4%
Out of State
4%
Working
School Safety
2024-25
4.1%
Above Average
3.3%
Suspensions
1.7%
In-School
0.8%
Emergency
1.4% below state avg
Elementary Schools
3 schools
C-
Norrback Avenue School
0.3 mi
|
#726 of 824
|
Score: 33.8
Improved 14 spots from last year
-24.4 below state avg
504 students
Very Diverse
Diverse Student Body
Grades PK-06
F
Burncoat Street School
0.4 mi
|
#803 of 824
|
Score: 27.2
Dropped 49 spots from last year
-31 below state avg
223 students
Diverse
Diverse Student Body
Grades K-06
Worcester Academic Center for Transition (ACT)
1.4 mi
49 students
Diverse
Diverse Student Body
Grades K-06
Middle Schools
3 schools
B+
Mountview Middle School
1.5 mi
|
#109 of 352
|
Score: 48.4
Dropped 3 spots from last year
-9.8 below state avg
773 students
Moderate
Grades 06-08
C+
Burncoat Middle School
2.0 mi
|
#233 of 352
|
Score: 37.9
Improved 48 spots from last year
-20.3 below state avg
720 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
C+
Forest Grove Middle School
2.8 mi
|
#229 of 352
|
Score: 38.3
Improved 91 spots from last year
-19.9 below state avg
839 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
High Schools
3 schools
C
Burncoat Senior High School
2.0 mi
|
#278 of 346
|
Score: 43.5
Dropped 58 spots from last year
-14.7 below state avg
1,073 students
Diverse
18 sports
• 778 athletes
Early College Program
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades 09-12
A+
Shrewsbury High School
3.2 mi
|
#18 of 346
|
Score: 73.4
Improved 22 spots from last year
+15.2 above state avg
1,891 students
Diverse
19 sports
• 2,168 athletes
Strong AP Program
High Graduation Rate
Rising School
College Ready Curriculum
Grades 09-12
Notre Dame Academy
3.2 mi
Grades 07-12
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Loan Amount
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Total Interest
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Over life of loan
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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
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
328 Brooks St, Worcester MA 01606
Worcester, MA 01606
Listing Information
Listing Agent
Carl Heitman
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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