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INVESTMENT SNAPSHOT
About this property
The property at 70 Russell St (8 units), includes four one-bed & four three-bed units. The building at 72 Russell St (5 units), consists of two one-bed and three four-bed units. Both buildings are serviced by central, natural gas–fired heating & domestic hot water systems, paid by the landlord. Tenants are responsible for electricity in both properties. 70 Russell St features gas cooking, paid by landlord. There is a total of nine off-street parking spaces. There is currently no laundry facility at 70 Russell St; however, a former basement laundry room presents an opportunity for installation. Units at 72 Russell St include washer & dryer hookups in the four-bedroom layouts. Recent capital improvements include vinyl replacement windows, flat rubber roof replacements (2015), hot water heaters (2021), porch repairs (2024), installation of fire alarm system (2024), and soffit rebuild & replacement (2025). Majority of units have been renovated, following a fire in 70 Russell St in 2023.
Property details
| Units | 13 |
| Living area | 12,424 sqft |
| Lot size | 9,543 sqft |
| Year built | 1910 |
| Price / sqft | $201 |
| County | Worcester |
| MLS # | 73501032 |
Listing status
| Days on market | 5 days |
| Listed on | April 13, 2026 |
Taxes & financials
| Annual property tax | $25,788 |
| Tax year | 2026 |
| Assessed value | $1,955,100 |
| Zoning | RG-5 |
| Gross income (actual) | $294,600/yr |
| Net operating income (actual) | $181,718/yr |
| Total actual rent | $24,850/mo |
| Electric expense | $1,298/yr |
Building & lot
| Stories | 4 |
| Total rooms | 64 |
| Lot size | 0.22 acres |
| Garage spaces | 0 |
| Parking spaces | 9 |
| Parking | Paved Drive, Off Street |
| Foundation | Other |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Northeast Private Client Group, LLC — Tim McGeary. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 70-72 Russell Street, Worcester MA 01609 have?
It is a 13-unit multi-family property with 12,424 sqft of living area, built in 1910.
How long has 70-72 Russell Street, Worcester MA 01609 been on the market?
70-72 Russell Street, Worcester MA 01609 has been listed for 5 days (since April 13, 2026).
What is the estimated cap rate on this 13-family in Worcester?
Based on area median rents, the estimated cap rate is about 7.3%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,495,000 across 13 units, that works out to roughly $191,923 per unit.
What are the property taxes on 70-72 Russell Street, Worcester MA 01609?
Annual property taxes are $25,788 (2026), on an assessed value of $1,955,100.
What is the price per square foot?
At $2,495,000 for 12,424 sqft, that's about $201 per square foot.
Is there parking?
9 total parking spaces (paved drive, off street).
Where is this property located?
70-72 Russell Street, Worcester MA 01609 is in Worcester, Worcester County, MA 01609.
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