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576 Franklin St, Worcester MA 01608

Worcester, MA 01608
$949,900
Est. $5,823/month
9
Beds
3
Baths
3,402
Sq Ft
$279
Price/Sq Ft
0.25
Acres
1910
Year Built
9
Parking
28
Days on Market
Active Listed Jun 12, 2026 • MLS# 73535467 Copied! • Updated Jul 7, 2026

About this home

Gorgeous city views highlight this fully renovated 3-family, rebuilt from the studs in 2018! Each of the 3 spacious apartments offers 6 rooms, 3 bedrooms, 1 full bath, high ceilings, hardwood floors, generous living/dining rooms, ample closet space, and eat-in kitchens w/white cabinetry, granite countertops, updated stainless-steel appliances (age range 2-8 yrs). Additional features include tiled baths, Nest thermostats, and full-size in-unit stackable washer/dryers. Major 2018 updates included windows, electrical, super-efficient heating systems, and hot water tanks. Recent shingled roof (2023) and paved driveway with 9 off-street parking spaces. Extra-large lot may offer potential for a single-family home or ADU for additional income (buyer to perform due diligence). Basement storage, shed, backyard for cookouts, & front-yard views of the city's 4th of July fireworks complete this amazing property for an owner occupied or savvy investor in a high-demand rental area!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Jun 25, 2026
New showing requirements
👁️
Showing Instructions Updated
Jun 13, 2026
New showing requirements
🏠
Listed for Sale
Jun 12, 2026
$949,900
Original listing
Agent: Claire Rainville Office: REMAX Executive Realty

Tax History

Year Taxes Assessment
2025 $9,836 $745,700

Financial Details

Annual Property Tax
$9,836
Tax Year 2025
Assessed Value
$745,700

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1910
Living Area 3,402 sq ft
Lot Size 0.25 acres
Bedrooms 9
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent $1,800/mo · N
Unit 2 Rent $2,000/mo · N
Unit 3 Rent $2,000/mo · N
Total Monthly Rent $5,800/mo
Gross Income $69,600
Net Operating Income $61,274
Operating Expenses $8,430
Water/Sewer Expense $2,000
Electric Expense $600
Insurance Expense $3,926
Cap Rate 6.45%
Heating Hot Water, Natural Gas, Baseboard
Cooling None
Flooring Tile, Varies, Laminate, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Interior Entry, Concrete, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Laundry Room, Living Rm/dining Rm Combo, Mudroom, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck
Features Paved Drive, Off Street, Paved
Total Spaces 9
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $9,836
Assessed Value $745,700
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Some Photos Have Been Virtually Staged. Leases Expire End Of July And End Of August. Current Market Rents $2, 400-$2, 500 A Month. Potential Gross Income: $88, 200/year 7.4% Cap Based On Projected Future Rents
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 25 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
9
Full Bathrooms
3
Living Area
3,402 sq ft
Total Rooms
18
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Varies, Laminate, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Laundry Room, Living RM/Dining RM Combo, Mudroom, Kitchen
Windows: Insulated Windows, Screens
Basement: Full, Interior Entry, Concrete, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas, Baseboard
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Deck
Fencing:
Other Structures: Shed(s)
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 9
Parking Features: Paved Drive, Off Street, Paved

Special Features

View: Yes
View Type: City View(s), City
Community Amenities: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
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
E

Elementary Schools

3 schools
C-
Belmont Street Community School
0.6 mi | #720 of 824 | Score: 34.1
Dropped 111 spots from last year
-24.1 below state avg
615 students Diverse
Diverse Student Body Strong Attendance
Grades PK-06
F
City View School
0.6 mi | #812 of 824 | Score: 25.8
Dropped 79 spots from last year
-32.4 below state avg
464 students Diverse
Diverse Student Body
Grades PK-06
D
Worcester Cultural Academy Charter Public School
0.7 mi | #786 of 824 | Score: 29.4
Improved 49 spots from last year
-28.8 below state avg
194 students Diverse
Rising School Diverse Student Body
Grades K-06
M

Middle Schools

2 schools
C-
Worcester East Middle School
1.0 mi | #298 of 352 | Score: 31.5
Improved 55 spots from last year
-26.7 below state avg
731 students Diverse
Rising School Diverse Student Body
Grades 06-08
The Nativity School of Worcester
1.1 mi
Grades 05-08
H

High Schools

3 schools
C-
North High School
0.7 mi | #300 of 346 | Score: 37.9
Improved 27 spots from last year
-20.3 below state avg
1,376 students Diverse
14 sports • 498 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
C+
Worcester Technical High School
0.8 mi | #219 of 346 | Score: 49.8
Improved 47 spots from last year
-8.4 below state avg
1,442 students Diverse
19 sports • 1,016 athletes
Early College Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
Worcester Academy
1.2 mi
Grades 06-12
Learn about these ratings

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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 $820
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

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Current 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

576 Franklin St, Worcester MA 01608

Worcester, MA 01608

Listing Information

Listing Agent Claire Rainville
Listing Office REMAX Executive Realty
Office Phone 508-839-9219
Agent MLS ID K8000056
Office MLS ID K01275
Listing Data Updated Jul 7, 2026 9:34 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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