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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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
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
Operating Expenses
$3,581
Insurance Expense
$3,581
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
Lead Paint
Unknown
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)
191 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 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
10 schools
C-
Norrback Avenue School
0.3 mi
|
#726 of 825
|
Score: 33.8
Improved 14 spots from last year
-24.4 below state avg
463 students
Very Diverse
Diverse Student Body
Grades PK-06
F
Burncoat Street School
0.4 mi
|
#805 of 825
|
Score: 27.4
Dropped 51 spots from last year
-30.8 below state avg
220 students
Diverse
Diverse Student Body
Grades K-06
Worcester Academic Center for Transition (ACT)
1.4 mi
48 students
Diverse
Diverse Student Body
Grades K-06
B+
Abby Kelley Foster Charter Public School
1.4 mi
|
#133 of 346
|
Score: 57.8
Improved 41 spots from last year
-0.4 below state avg
1,426 students
Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Diverse Student Body
Grades K-12
Alhuda Academy
1.5 mi
Grades PK-08
F
Clark Street Community School
1.7 mi
|
#803 of 825
|
Score: 27.6
Dropped 8 spots from last year
-30.6 below state avg
244 students
Diverse
Grades PK-06
Bancroft School
1.7 mi
Grades K-12
C
Thorndyke Road School
1.8 mi
|
#662 of 825
|
Score: 37.7
Improved 88 spots from last year
-20.5 below state avg
334 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-06
C
Worcester Arts Magnet School
1.9 mi
|
#611 of 825
|
Score: 40.0
Dropped 232 spots from last year
-18.2 below state avg
362 students
Very Diverse
Diverse Student Body
Grades PK-06
F
Wawecus Road School
2.4 mi
|
#801 of 825
|
Score: 28.1
Dropped 52 spots from last year
-30.1 below state avg
158 students
Very Diverse
Diverse Student Body
Grades K-06
Middle Schools
6 schools
The Nativity School of Worcester
3.6 mi
Grades 05-08
Worcester SDA School
4.6 mi
Grades 01-08
C+
Burncoat Middle School
2.0 mi
|
#231 of 352
|
Score: 38.0
Improved 50 spots from last year
-20.2 below state avg
679 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
C+
Forest Grove Middle School
2.8 mi
|
#230 of 352
|
Score: 38.2
Improved 90 spots from last year
-20 below state avg
938 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
C-
Worcester East Middle School
5.1 mi
|
#302 of 352
|
Score: 31.5
Improved 51 spots from last year
-26.7 below state avg
781 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B
Sullivan Middle School
6.5 mi
|
#156 of 352
|
Score: 44.0
Improved 29 spots from last year
-14.2 below state avg
954 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
10 schools
Notre Dame Academy
3.2 mi
Grades 07-12
B+
Claremont Academy
5.0 mi
|
#9 of 25
|
Score: 37.3
Improved 317 spots from last year
-20.9 below state avg
451 students
Moderate
10 sports
• 216 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 07-12
Worcester Academy
5.1 mi
Grades 06-12
C-
University Park Campus School
5.6 mi
|
#286 of 346
|
Score: 42.8
Dropped 9 spots from last year
-15.4 below state avg
224 students
Diverse
Early College Program
College Ready Curriculum
Grades 07-12
Worcester Alternative High School
5.7 mi
36 students
Diverse
Diverse Student Body
Grades 07-12
Saint Paul Diocesan Junior/Senior High School
5.8 mi
Grades 07-12
C-
Burncoat Senior High School
2.0 mi
|
#283 of 346
|
Score: 44.0
Dropped 63 spots from last year
-14.2 below state avg
1,000 students
Very Diverse
18 sports
• 778 athletes
Early College Program
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades 09-12
A+
Massachusetts Academy of Math and Science at WPI
3.4 mi
|
#2 of 346
|
Score: 91.7
Same rank as last year
98 students
Moderate
Strong AP Program
College Ready Curriculum
Strong Attendance
Grades 11-12
C+
Worcester Technical High School
3.5 mi
|
#223 of 346
|
Score: 50.1
Improved 43 spots from last year
-8.1 below state avg
1,409 students
Diverse
19 sports
• 1,016 athletes
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
B-
Doherty Memorial High School
4.1 mi
|
#199 of 346
|
Score: 52.3
Improved 22 spots from last year
-5.9 below state avg
1,756 students
Very Diverse
19 sports
• 1,302 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
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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
$0
Including down payment
%
Down: $0
%
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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Current Rate
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+0.5% Rate
$0/mo
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Payment Over Time
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 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
Oct 9, 2026 5:46 PM 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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