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31184106

426 Main St, Worcester, MA 01608

RC
MA 134301, CT 0754987 (+3)
United Multi Family Corporation
Listed by United Multi Family Corporation
$3,600,000
104 days on market
Updated 0 days ago
Opportunity zone

18 Units in Worcester MA

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 18,996
Net Rentable (SqFt) 15,435
Units 18
Cap Rate 6.03%
NOI $217,242
Occupancy 97%
Pro-Forma Cap Rate 6.9%
Pro-Forma NOI $248,355
Price per SqFt $190
Year Built 1900
Year Renovated 2018
Buildings 1
Stories 5

Multifamily | 18 Units | $200,000/unit

Marketing description

426 Main Street / 3–5 Pleasant Street is a mixed-use property in Worcester, MA, comprising 18 total units, including 12 one-bedroom units, 4 studio units, and 2 commercial spaces. The property is a five-story elevator building situated on a 3,040 SF lot, offering both residential and commercial income within a single structure. The building was fully rehabilitated in 2018 by the current owner, providing updated interiors and building systems. Located in Downtown Worcester, the property is positioned within an area undergoing ongoing redevelopment and infrastructure improvements. Nearby projects include new residential developments, office and retail spaces, and enhancements around Union Station. The combination of residential units and commercial space provides a mixed-use investment opportunity in an active urban setting.

Listing Contacts

RC
MA 134301, CT 0754987 (+3)
United Multi Family Corporation
Listed by United Multi Family Corporation

Valuation Calculator

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$217,242.00
$18,103.50/mo

Valuation Metrics

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DSCR
6.03%
Cap Rate
6.03%
ROI

Map

Zoning

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BG-6.0 CommercialGeneral CommercialGeneral Business 6 To 1 Floor Area Ratio
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Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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