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.
| Units | 12 |
| Living area | 9,234 sqft |
| Lot size | 12,500 sqft |
| Year built | 1920 |
| Price / sqft | $249 |
| County | Worcester |
| MLS # | 73529940 |
| Days on market | 4 days |
| Listed on | June 4, 2026 |
| Annual property tax | $23,276 |
| Tax year | 2026 |
| Assessed value | $1,752,700 |
| Zoning | BL-1 |
| Gross income (actual) | $253,992/yr |
| Net operating income (actual) | $189,685/yr |
| Total actual rent | $20,916/mo |
| Electric expense | $2,037/yr |
| Insurance expense | $7,226/yr |
| Stories | 5 |
| Total rooms | 48 |
| Lot size | 0.29 acres |
| Garage spaces | 0 |
| Parking spaces | 12 |
| Parking | Off Street |
| Foundation | Stone, Slab |
| Sewer | Public Sewer |
| Water | Public |
Listing courtesy of Horvath & Tremblay — Ethan Lazar. Listing data © MLS PIN.
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It is a 12-unit multi-family property with 9,234 sqft of living area, built in 1920.
86-92 Hamilton St, Worcester MA 01604 has been listed for 4 days (since June 4, 2026).
Annual property taxes are $23,276 (2026), on an assessed value of $1,752,700.
At $2,300,000 for 9,234 sqft, that's about $249 per square foot.
12 total parking spaces (off street).
86-92 Hamilton St, Worcester MA 01604 is in Worcester, Worcester County, MA 01604.