Overview Property Details Payment Calculator Walkability

Active

47 Piedmont St, Worcester MA 01610

$650,000

Estimated $10,470.09/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $216,666.67

Total Rent: 68400/year

Estimated CAP Rate: 9.53%

8 Bedrooms

3 Full Baths

0 Parking Spots

0.15 acres

Turnkey three-family investment in the heart of Worcester! Fully occupied with strong rental income and separate utilities, this property is ideal for investors or owner-occupants. Renovated third-floor unit & updated common areas in 2024 and 2025. Gas heat, electric hot...

This home has been viewed 11 times

Last Updated: April 5th, 2025 at 6:48am

Gross Income: $68,400

Gross Expenses: $6,465

Net Income Calc: $61,935

CAP Rate: 9.53%

Annual Expenses for 47 Piedmont St, Worcester MA 01610

Total Gross Expenses (Calculated)$6,465/year

APOD AvailableYes

Heating$0

Electricity$0

Water$0

Gas$0

Insurance$0

Sewer$0

Trash Removal$0

Repair & Maintenance$0

Management$0

Miscellaneous$0

Real Estate Tax$6,465

Annual Income & Unit Breakdown for 47 Piedmont St, Worcester MA 01610

Total Gross Income (Calculated)$68,400

Unit 1

Rental Income1850

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income2000

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income1850

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 47 Piedmont St, Worcester MA 01610

Listing ID73352475

Property TypeMulti Family / 3 Family

Price$650,000 ($223.21/SqFt)

Style

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,912 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking0

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year RenovatedN/A

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsStone

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceEnclosed

ZoningRG-5

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Interior Features for 47 Piedmont St, Worcester MA 01610

Disclosures for 47 Piedmont St, Worcester MA 01610

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$68,400

Total Net Income By Broker$68,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Location Information for 47 Piedmont St, Worcester MA 01610

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 47 Piedmont St, Worcester MA 01610

Agent

Name: Isaac Alvarenga

MLS ID: CN229942

Office ID: AN6259

National Association ID: 744045109

Phone: 774-275-9982

City: Worcester

State: MA

Office

Name: Property Investors & Advisors, LLC

MLS Office ID: AN6259

Phone: 774-413-0272

Payment Calculator

$10,470.09 per month

30 Years Fixed, 6.75% Interest

Property Taxes $6,465.00

Principal & Interest $4,005.09

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Property Investors & Advisors, LLC

Isaac Alvarenga

Agent Phone

(774) 275-9982

Office Phone

(774) 413-0272

Text Agent Call Agent Call Office

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                    [type] => text
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                    [type] => text
                    [name] => Agent MLSID
                    [value] => CN229942
                )

[field_3045] => Array
                (
                    [field_id] => 3045
                    [type] => price
                    [name] => HOA_FEE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3056] => Array
                (
                    [field_id] => 3056
                    [type] => price
                    [name] => ClosePrice
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3069] => Array
                (
                    [field_id] => 3069
                    [type] => price
                    [name] => LIST_PRICE_PER_SQFT
                    [raw] => 223.21
                    [unit_id] => 260
                    [value] => $223
                    [price_only] => $223
                )

[field_3071] => Array
                (
                    [field_id] => 3071
                    [type] => number
                    [name] => MARKET_TIME_BROKER
                    [value] => 4
                )

[field_3072] => Array
                (
                    [field_id] => 3072
                    [type] => number
                    [name] => MARKET_TIME_BROKER_PREV
                    [value] => 0
                )

[field_3075] => Array
                (
                    [field_id] => 3075
                    [type] => datetime
                    [name] => ModificationTimestamp
                    [value] => 04/04/2025 07:30:00
                )

[field_3094] => Array
                (
                    [field_id] => 3094
                    [type] => price
                    [name] => SOLD_PRICE_PER_SQFT
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3095] => Array
                (
                    [field_id] => 3095
                    [type] => number
                    [name] => STREET_NUM
                    [value] => 47
                )

[field_3105] => Array
                (
                    [field_id] => 3105
                    [type] => select
                    [name] => APOD_AVAILABLE
                    [value] => Yes
                )

[field_3109] => Array
                (
                    [field_id] => 3109
                    [type] => number
                    [name] => FIRE_PLACES
                    [value] => 0
                )

[field_3113] => Array
                (
                    [field_id] => 3113
                    [type] => select
                    [name] => LEASE_1
                    [value] => Y
                )

[field_3114] => Array
                (
                    [field_id] => 3114
                    [type] => select
                    [name] => LEASE_2
                    [value] => Y
                )

[field_3115] => Array
                (
                    [field_id] => 3115
                    [type] => select
                    [name] => LEASE_3
                    [value] => Y
                )

[field_3118] => Array
                (
                    [field_id] => 3118
                    [type] => price
                    [name] => NOI
                    [raw] => 68400
                    [unit_id] => 260
                    [value] => $68,400
                    [price_only] => $68,400
                )

[field_3119] => Array
                (
                    [field_id] => 3119
                    [type] => number
                    [name] => RENT1
                    [value] => 1850
                )

[field_3120] => Array
                (
                    [field_id] => 3120
                    [type] => number
                    [name] => NO_UNITS
                    [value] => 3
                )

[field_3121] => Array
                (
                    [field_id] => 3121
                    [type] => number
                    [name] => RENT2
                    [value] => 2000
                )

[field_3122] => Array
                (
                    [field_id] => 3122
                    [type] => number
                    [name] => RENT3
                    [value] => 1850
                )

[f_3125] => Array
                (
                    [field_id] => 3125
                    [type] => feature
                    [name] => ROAD_TYPE
                    [values] => Array
                        (
                            [0] => Public
                        )

)

[field_3126] => Array
                (
                    [field_id] => 3126
                    [type] => number
                    [name] => TOTAL_RENT
                    [value] => 5700
                )

[field_3134] => Array
                (
                    [field_id] => 3134
                    [type] => select
                    [name] => SQUARE_FEET_INCL_BASE
                    [value] => No
                )

[field_3164] => Array
                (
                    [field_id] => 3164
                    [type] => boolean
                    [name] => AvailableNow
                    [value] => No
                )

[field_3168] => Array
                (
                    [field_id] => 3168
                    [type] => price
                    [name] => SEC_DEPOSIT
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3171] => Array
                (
                    [field_id] => 3171
                    [type] => text
                    [name] => Office Phone
                    [value] => 774-413-0272
                )

[field_3172] => Array
                (
                    [field_id] => 3172
                    [type] => text
                    [name] => Agent Phone
                    [value] => 774-275-9982
                )

[field_3178] => Array
                (
                    [field_id] => 3178
                    [type] => boolean
                    [name] => AdditionalParcelsYN
                    [value] => No
                )

[field_3182] => Array
                (
                    [field_id] => 3182
                    [type] => select
                    [name] => BuildingAreaSource
                    [value] => Public Records
                )

[field_3183] => Array
                (
                    [field_id] => 3183
                    [type] => number
                    [name] => BuildingAreaTotal
                    [value] => 2912
                )

[field_3184] => Array
                (
                    [field_id] => 3184
                    [type] => select
                    [name] => BuildingAreaUnits
                    [value] => Square Feet
                )

[field_3189] => Array
                (
                    [field_id] => 3189
                    [type] => price
                    [name] => ConcessionsAmount
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[f_3190] => Array
                (
                    [field_id] => 3190
                    [type] => feature
                    [name] => ConstructionMaterials
                    [values] => Array
                        (
                            [0] => Stone
                        )

)

[field_3192] => Array
                (
                    [field_id] => 3192
                    [type] => number
                    [name] => ParkingTotal
                    [value] => 0
                )

[field_3193] => Array
                (
                    [field_id] => 3193
                    [type] => number
                    [name] => CoveredSpaces
                    [value] => 0
                )

[field_3200] => Array
                (
                    [field_id] => 3200
                    [type] => price
                    [name] => ElectricExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3205] => Array
                (
                    [field_id] => 3205
                    [type] => date
                    [name] => ExpirationDate
                    [value] => 01/01/1900
                )

[field_3206] => Array
                (
                    [field_id] => 3206
                    [type] => select
                    [name] => FarmLandAreaUnits
                    [value] => Square Feet
                )

[field_3209] => Array
                (
                    [field_id] => 3209
                    [type] => text
                    [name] => FoundationDetails
                    [value] => Stone
                )

[field_3211] => Array
                (
                    [field_id] => 3211
                    [type] => number
                    [name] => GarageSpaces
                    [value] => 0
                )

[field_3216] => Array
                (
                    [field_id] => 3216
                    [type] => price
                    [name] => GrossIncome
                    [raw] => 68400
                    [unit_id] => 260
                    [value] => $68,400
                    [price_only] => $68,400
                )

[field_3219] => Array
                (
                    [field_id] => 3219
                    [type] => select
                    [name] => HorseYN
                    [value] => 1
                )

[field_3220] => Array
                (
                    [field_id] => 3220
                    [type] => price
                    [name] => InsuranceExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3222] => Array
                (
                    [field_id] => 3222
                    [type] => text
                    [name] => ListingAgreement
                    [value] => Exclusive Right To Sell
                )

[field_3223] => Array
                (
                    [field_id] => 3223
                    [type] => date
                    [name] => ListingContractDate
                    [value] => 31/03/2025
                )

[field_3226] => Array
                (
                    [field_id] => 3226
                    [type] => area
                    [name] => LotSizeSquareFeet
                    [value] => 6,490 Sqft
                    [raw] => 6490
                    [unit_id] => 1
                )

[field_3230] => Array
                (
                    [field_id] => 3230
                    [type] => price
                    [name] => OperatingExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3231] => Array
                (
                    [field_id] => 3231
                    [type] => price
                    [name] => OriginalListPrice
                    [raw] => 650000
                    [unit_id] => 260
                    [value] => $650,000
                    [price_only] => $650,000
                )

[field_3240] => Array
                (
                    [field_id] => 3240
                    [type] => text
                    [name] => UnparsedAddress
                    [value] => 47 Piedmont St, Worcester MA 01610
                )

[field_3241] => Array
                (
                    [field_id] => 3241
                    [type] => price
                    [name] => WaterSewerExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3243] => Array
                (
                    [field_id] => 3243
                    [type] => text
                    [name] => YearBuiltDetails
                    [value] => Actual
                )

[field_3245] => Array
                (
                    [field_id] => 3245
                    [type] => text
                    [name] => YearBuiltSource
                    [value] => Public Records
                )

[field_3248] => Array
                (
                    [field_id] => 3248
                    [type] => datetime
                    [name] => OriginalEntryTimestamp
                    [value] => 01/04/2025 01:46:00
                )

[field_3253] => Array
                (
                    [field_id] => 3253
                    [type] => number
                    [name] => MLSPIN_BEDRMS_1
                    [value] => 3
                )

[field_3254] => Array
                (
                    [field_id] => 3254
                    [type] => number
                    [name] => MLSPIN_BEDRMS_2
                    [value] => 3
                )

[field_3255] => Array
                (
                    [field_id] => 3255
                    [type] => number
                    [name] => MLSPIN_BEDRMS_3
                    [value] => 2
                )

[field_3260] => Array
                (
                    [field_id] => 3260
                    [type] => text
                    [name] => MLSPIN_DISCLOSURE
                    [value] => Y
                )

[field_3261] => Array
                (
                    [field_id] => 3261
                    [type] => number
                    [name] => MLSPIN_F_BTHS_1
                    [value] => 1
                )

[field_3262] => Array
                (
                    [field_id] => 3262
                    [type] => number
                    [name] => MLSPIN_F_BTHS_2
                    [value] => 1
                )

[field_3263] => Array
                (
                    [field_id] => 3263
                    [type] => number
                    [name] => MLSPIN_F_BTHS_3
                    [value] => 1
                )

[field_3265] => Array
                (
                    [field_id] => 3265
                    [type] => price
                    [name] => MLSPIN_GRE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3266] => Array
                (
                    [field_id] => 3266
                    [type] => price
                    [name] => MLSPIN_HTE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3267] => Array
                (
                    [field_id] => 3267
                    [type] => number
                    [name] => MLSPIN_H_BTHS_1
                    [value] => 0
                )

[field_3268] => Array
                (
                    [field_id] => 3268
                    [type] => number
                    [name] => MLSPIN_H_BTHS_2
                    [value] => 0
                )

[field_3269] => Array
                (
                    [field_id] => 3269
                    [type] => number
                    [name] => MLSPIN_H_BTHS_3
                    [value] => 0
                )

[field_3273] => Array
                (
                    [field_id] => 3273
                    [type] => number
                    [name] => MLSPIN_LEVELS_1
                    [value] => 1
                )

[field_3274] => Array
                (
                    [field_id] => 3274
                    [type] => number
                    [name] => MLSPIN_LEVELS_2
                    [value] => 1
                )

[field_3275] => Array
                (
                    [field_id] => 3275
                    [type] => number
                    [name] => MLSPIN_LEVELS_3
                    [value] => 1
                )

[field_3277] => Array
                (
                    [field_id] => 3277
                    [type] => text
                    [name] => MLSPIN_MAIN_LO
                    [value] => AN6259
                )

[field_3280] => Array
                (
                    [field_id] => 3280
                    [type] => number
                    [name] => MLSPIN_MARKET_TIME_PROPERTY
                    [value] => 4
                )

[field_3281] => Array
                (
                    [field_id] => 3281
                    [type] => price
                    [name] => MLSPIN_MGF
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3282] => Array
                (
                    [field_id] => 3282
                    [type] => price
                    [name] => MLSPIN_MSE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3284] => Array
                (
                    [field_id] => 3284
                    [type] => number
                    [name] => MLSPIN_OH_FLAG
                    [value] => 1
                )

[field_3285] => Array
                (
                    [field_id] => 3285
                    [type] => price
                    [name] => MLSPIN_OPTIONAL_FEE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3290] => Array
                (
                    [field_id] => 3290
                    [type] => price
                    [name] => MLSPIN_PRICE_PER_SQFT
                    [raw] => 223.21
                    [unit_id] => 260
                    [value] => $223
                    [price_only] => $223
                )

[field_3292] => Array
                (
                    [field_id] => 3292
                    [type] => price
                    [name] => MLSPIN_RFS
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3293] => Array
                (
                    [field_id] => 3293
                    [type] => price
                    [name] => MLSPIN_RME
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3295] => Array
                (
                    [field_id] => 3295
                    [type] => select
                    [name] => MLSPIN_WATERVIEW_FLAG
                    [value] => No
                )

[field_3296] => Array
                (
                    [field_id] => 3296
                    [type] => select
                    [name] => OpenParkingYN
                    [value] => 1
                )

[field_3301] => Array
                (
                    [field_id] => 3301
                    [type] => select
                    [name] => RoomMasterBathroomFeatures
                    [value] => Yes
                )

[field_3306] => Array
                (
                    [field_id] => 3306
                    [type] => price
                    [name] => GrossScheduledIncome
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3307] => Array
                (
                    [field_id] => 3307
                    [type] => number
                    [name] => MLSPIN_FLRS_1
                    [value] => 1
                )

[field_3308] => Array
                (
                    [field_id] => 3308
                    [type] => number
                    [name] => MLSPIN_FLRS_2
                    [value] => 2
                )

[field_3309] => Array
                (
                    [field_id] => 3309
                    [type] => number
                    [name] => MLSPIN_FLRS_3
                    [value] => 3
                )

[field_3311] => Array
                (
                    [field_id] => 3311
                    [type] => number
                    [name] => BRE_Total_Parking
                    [value] => 0
                )

[f_3319] => Array
                (
                    [field_id] => 3319
                    [type] => feature
                    [name] => PatioAndPorchFeatures
                    [values] => Array
                        (
                            [0] => Enclosed
                        )

)

[field_3320] => Array
                (
                    [field_id] => 3320
                    [type] => boolean
                    [name] => Waterfront
                    [value] => No
                )

[field_3323] => Array
                (
                    [field_id] => 3323
                    [type] => text
                    [name] => Levels In Unit
                    [value] => 6
                )

)

[unit_level] => 
    [levels_in_unit] => 2025-03-31
    [construction_status] => 
    [laundry_features] => Array
        (
        )

[outdoor_space_available] => Array
        (
        )

[building_name] => 
    [pet_policy] => Array
        (
        )

[building_management] => Array
        (
        )

[number_of_units] => 3
    [units_owner_occupied] => 0
    [parking_features] => Array
        (
        )

[building_amenities] => Array
        (
        )

[owner_occupancy_source] => 
    [documents_available] => Array
        (
        )

[optional_price] => 0
    [optional_fee_includes] => Array
        (
        )

[structure_type] => Array
        (
        )

[complex_complete] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [date_available_note] => 
    [first_month_required] => Array
        (
        )

[last_month_required] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deposit_amount] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[lease_term] => Array
        (
        )

[interior_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[property_sub_type] => Array
        (
            [0] => 3 Family
        )

[number_of_lots] => Array
        (
        )

[gas] => Array
        (
        )

[cultivation_acres] => None
    [pasture_area] => None
    [timber_acres] => None
    [perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [association_required] => Array
        (
        )

[view] => Array
        (
        )

[deqe] => 
    [real_estate_tax] => $6,465
    [total_gross_income] => 68400
    [total_gross_expense] => 6465
    [net_income_calc] => 61935
    [cap_rate] => 9.53%
    [apod_available] => Array
        (
            [0] => Yes
        )

[heating_expense] => Array
        (
            [0] => $0
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[water_expense] => Array
        (
            [0] => $0
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[insurance_expense] => Array
        (
            [0] => $0
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[trash_expense] => Array
        (
            [0] => $0
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[management_expense] => Array
        (
            [0] => $0
        )

[miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[unit_1_rent] => Array
        (
            [0] => 1850
        )

[unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_bedrooms] => 3
    [unit_1_bathrooms] => 1 Full
    [unit_1_floor] => 1
    [unit_1_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 2000
        )

[unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_bedrooms] => 3
    [unit_2_bathrooms] => 1 Full
    [unit_2_floor] => 2
    [unit_2_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 1850
        )

[unit_3_lease] => Array
        (
            [0] => Y
        )

[unit_3_bedrooms] => 2
    [unit_3_bathrooms] => 1 Full
    [unit_3_floor] => 3
    [unit_3_levels] => 1
    [unit_4_rent] => Array
        (
        )

[unit_4_lease] => Array
        (
        )

[unit_4_bedrooms] => 
    [unit_4_bathrooms] => 
    [unit_4_floor] => 
    [unit_4_levels] => 
    [hot_water] => Array
        (
        )

[basement] => Array
        (
        )

[foundation_materials] => Array
        (
            [0] => Stone
        )

[patio_and_porch] => Array
        (
            [0] => Enclosed
        )

[zoning_details] => 
    [terms] => Array
        (
        )

[financial_data_source] => Array
        (
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $68,400
        )

[net_operating_income] => Array
        (
            [0] => $68,400
        )

[short_sale] => 
    [price_per_unit] => 216666.66666667
)

EXIT

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47 Piedmont St, Worcester MA 01610

$650,000

Annual Expenses for 47 Piedmont St, Worcester MA 01610

Annual Income & Unit Breakdown for 47 Piedmont St, Worcester MA 01610

General Information for 47 Piedmont St, Worcester MA 01610

Interior Features for 47 Piedmont St, Worcester MA 01610

Disclosures for 47 Piedmont St, Worcester MA 01610

Location Information for 47 Piedmont St, Worcester MA 01610

Contact Information for 47 Piedmont St, Worcester MA 01610

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