HomeWorcester3 Family15 Steele St, Worcester MA 01607
15 Steele St, Worcester MA 01607 — photo 1 of 421 / 42
$619,900
15 Steele St, Worcester MA 01607
3 units · 5 bd · 3 ba · 2,207 sqft · $206,633/unit
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INVESTMENT SNAPSHOT

Signal Score97 / 100
Est. Cap Rate6.8%
GRM9.6
Gross Scheduled Income$64,775/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Multi unit property in North Quinsigamond Village. Great investment or owner-occupied opportunity. Fully rented @just below market rents. Vinyl siding, replacement windows, 2007 roof, NEW gas FHA heating systems (2021-2024-2024). Newer, owned gas hot water tanks (2020-2026-2017). Separate utilities & cable/internet ready. Holy Cross mins away. Easy access to MassPike & rt 290. UNIT 1 has lead cert, enclosed front porch, living room w/ bay windows, spacious eat in kitchen w/ charming built in cabinet/drawers & exterior access, main bed w/ picture windows, cozy 2nd bed, full bath & rear deck & storage. UNIT 2 has entry foyer, living room w/ picture windows, roomy eat in kitchen w/ charming built in cabinet/drawers & exterior access, pantry w/ sink, dishwasher & cabinets, main bed w/ bay windows, cozy 2nd bed, full bath & rear deck & storage. UNIT 3 has living room w/ picture windows, eat in kitchen & pantry w/ base cabinets & exterior access. Main bed & full bath. Rear storage. Big yard.

Property details

Units3
Living area2,207 sqft
Lot size6,312 sqft
Year built1890
Price / sqft$281
CountyWorcester
MLS #73519612

Listing status

Days on market4 days
Listed onMay 14, 2026

Taxes & financials

Annual property tax$6,206
Tax year2025
Assessed value$470,500
ZoningRL-7
Gross income (actual)$50,400/yr
Net operating income (actual)$37,992/yr
Total actual rent$4,200/mo
Electric expense$192/yr
Insurance expense$2,992/yr

Building & lot

Stories3
Total rooms11
Lot size0.14 acres
Garage spaces0
Parking spaces0
BasementFull, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished
FoundationStone
RoofShingle
FlooringWood, Vinyl

Utilities & systems

HeatingCentral, Forced Air, Natural Gas
CoolingNone
SewerPublic Sewer
WaterPublic
Utilitiesfor Electric Range
AppliancesRange, Dishwasher, Refrigerator

Location

More about investing in Worcester

Listing courtesy of Keller Williams Boston MetroWest — Fay Wong. 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 15 Steele St, Worcester MA 01607 have?

It is a 3-unit multi-family property with 2,207 sqft of living area, built in 1890.

How long has 15 Steele St, Worcester MA 01607 been on the market?

15 Steele St, Worcester MA 01607 has been listed for 4 days (since May 14, 2026).

What is the estimated cap rate on this 3-family in Worcester?

Based on area median rents, the estimated cap rate is about 6.8%, with a Signal Score of 97/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $619,900 across 3 units, that works out to roughly $206,633 per unit.

What are the property taxes on 15 Steele St, Worcester MA 01607?

Annual property taxes are $6,206 (2025), on an assessed value of $470,500.

What is the price per square foot?

At $619,900 for 2,207 sqft, that's about $281 per square foot.

Where is this property located?

15 Steele St, Worcester MA 01607 is in Worcester, Worcester County, MA 01607.

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