38 Benefit St Worcester, MA ^$ 825,000

38 Benefit St

^$ 825,000

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38 Benefit St

Worcester, MA, 01610

^$ 825,000

Bedrooms8 Baths6.0 Sq 5,216

Monthly Estimate*

^$ 5,080

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Multi-Family Home for sale in Worcester, MA

for $825,000 with 8 bedrooms and 6 full baths. This 5,216 square foot home was built in 1900 on a lot size of 0.11.

This centrally located value-add 6-unit property at 38 Benefit in Worcester, Massachusetts, consists of four 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, totaling 5,216 sq. ft. of living space on a 0.11-acre parcel. Each unit is separately metered for heat and electricity, and the owner is responsible for hot water and municipal water & sewer. The property benefits from brand new high efficiency Navien hot water heaters. Three of the six units have been recently renovated featuring new kitchens, updated bathrooms, and new flooring. There is an opportunity to dramatically increase rents in both the renovated units and through targeted upgrades to the remaining unrenovated units as all units are currently TAW. Listed at a 7.95% cap rate, this property represents a strong investment opportunity in the growing Worcester market.

Multi-Family Active

Price

^$ 825,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,690

Style

5-9 Family

Lot Size

0.11

Year Built

1900

Town/City

Worcester

County/Region

Worcester

MLS | Web ID

73501042

List By

Ethan Lazar

Listing Agent

Horvath & Tremblay

Broker

Affordability Calculator

$5,637

Per Month

Monthly Principal & Interest: $5,080
Monthly Property Taxes: $558
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Worcester, MA

Average List Price ^$1,201,417

Percent of Sale Price 46%

About Worcester, MA

182,809 Population

6% Since 2002

^$47,245 Median Income

36 Median Age

26% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
4/14/2026	$825,000		Listed Price

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38 Benefit St, Worcester, MA, 01610 is a Multi-Family Home for sale at $825,000 with 5,216 sqft and a lot size of 0.11. 38 Benefit St has 8 bedrooms, 6.0 baths, and was built in 1900. The property's zip code is 01610 which is in Worcester, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 4/14/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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38 Benefit St

Multi-Family Home for sale in Worcester, MA

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