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Hannah Kunkel

hannah.kunkel@engelvoelkers.com +1(631) 508-4808

$ 1,249,995

Est. payment -/mo

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Active

10 Ellsworth St Worcester, MA 01610

14 Beds

5 Baths

6,140 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 6,140 sqft

Price per Sqft $203

MLS Listing ID 73459724

Bedrooms 14

Full Baths 5

Year Built 1900

Annual Tax Amount $12,053

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

10 Ellsworth Street is a fully occupied, well-maintained 5-unit multifamily in a high-demand Worcester neighborhood, featuring a rare mix of spacious 4-bedroom units and efficient 1-bedroom layouts. The property generates $10,038 per month in current rents with market potential of $10,700 per month, offering immediate upside through modest rent adjustments and light cosmetic improvements. The building is in excellent condition with updated systems, separate utilities, and minimal deferred maintenance, making it a low-effort, high-return addition to any portfolio. Located minutes from Clark University, Polar Park, downtown Worcester, and major commuter routes, the asset benefits from strong tenant demand and long-term rental stability. With a stabilized NOI of $83,577 and projected Year-2 NOI of $87,032, this property provides a compelling blend of cash flow, location, and future appreciation—perfect for investors looking to scale with a reliable Worcester asset.

Location

State MA

County Worcester

Zoning MG-2

Direction Please use GPS.

Interior

Interior Features Living Room, Kitchen

Flooring Wood

Appliance Range, Refrigerator

Exterior

Garage Spaces 4.0

Community Features Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Conservation Area, House of Worship, Private School, Public School, T-Station, University

Total Parking Spaces 12

Garage Yes

Building

Lot Description Level

Story 5

Foundation Granite

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Four Points Real Estate, LLC

Hannah Kunkel

Advisor | License ID: 9544241

+1(631) 508-4808

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