38 Oberlin St Worcester — Photo 1 of 31
$727,000
Investment Analysis — 38 Oberlin St
Worcester, MA 01610
Based on rent reported on the MLS listing, a 3-unit multi-family in 01610 carries $5,575/mo in gross rent — about a 5.92% cap rate and $43,043/yr in estimated NOI at the $727,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
3,746
Style
3 Family
Built
1890
Spacious and well-maintained three-family property located near Clark University, offering an excellent investment opportunity. This large multi-family features a desirable unit mix with a 4-bedroom first-floor unit, 3-bedroom second-floor unit, and 2-bedroom third-floor unit. Unit 2 is vacant - ready for Owner Occupied or Investor opportunity! Nicely maintained throughout, the property offers strong rental potential in a highly sought-after location close to universities, public transportation, shopping, and local amenities. Excellent opportunity for investors looking for solid income potential in the heart of Worcester.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access
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Property History
$727,000
Sep 17, 2026
MLS® 73578862
$750,000
Aug 7, 2026
MLS® 73518788
$750,000
May 14, 2026
MLS® 73518788
Listing Agent: Kelly Rynearson
Listing Office: Byrnes Real Estate Group LLC
MLS® Number: 73578862
