86 Hamilton St Worcester, MA 01604
Grafton Hill NeighborhoodEstimated payment $14,411/month
About This Home
86-92 Hamilton Street in Worcester, MA consists of two well-located, side-by-side six-unit buildings totaling 12 units: two 3-Bedroom/1-Bathroom units, seven 2-Bedroom/1-Bathroom units, and three 1-Bedroom/1-Bathroom units with 9,234 SF of gross living area on a 0.29-acre parcel. 90-92 Hamilton was fully renovated following a fire and is sprinklered, featuring new kitchens with quartz countertops and stainless-steel appliances, new bathrooms, new flooring, and updated mechanicals. 86-88 Hamilton offers clean layouts with newer flooring, though units are not as extensively renovated. All units are separately metered, with tenants responsible for heat, hot water, and electricity. The property also includes ample off-street parking and a renovated on-site laundry facility. There is upside through rent growth in the renovated units and programmatic upgrades to the remaining units in a desirable Worcester location near major employers, transit, and amenities. Listed at an 8.25% cap rate.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,276
Year Built
- Built in 1920
Lot Details
- 12,500 Sq Ft Lot
- Corner Lot
Home Design
- 9,234 Sq Ft Home
- Manufactured Home on a slab
- Stone Foundation
Bedrooms and Bathrooms
- 23 Bedrooms
- 12 Full Bathrooms
Parking
- 12 Open Parking Spaces
- 12 Car Parking Spaces
- Off-Street Parking
Additional Features
- Basement
Community Details
Overview
- 12 Units
- Property has 1 Level
Building Details
- Electric Expense $2,037
- Insurance Expense $7,226
- Water Sewer Expense $6,719
- Operating Expense $51,757
- Net Operating Income $189,685
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | For Sale | $2,300,000 | -- | $249 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73529940
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