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43 Orient St - 43 Orient 4 Unit Apartment Building Offered at $1,222,064 CAD at a 9.62% Cap Rate Worcester, MA 01604
Executive Summary
Amazing opportunity to own a multi-family in Worcester, MA. Nice view of the Worcester panorama. Newer roof (2012), updated electrical(2021). The units on the first, second, and third floors are completely updated in 2022 and in 2025; New kitchen with new cabinets and appliances, flooring, electric, and plumbing. Newer windows, new bathroom, and new water tank. This building has a great monthly income($8800) with a 9.62% net cap rate! The 4 units are certified treated for the lead paint. Parking for 5 cars on the street. located within walking distance of many of the city's top amenities, including restaurants, parks, shops, trails, highway, and more! Buyer & Buyer representatives should do all due diligence before submitting the offer. Showings start at OPEN HOUSE Saturday 05/02, 11:30 AM- 1:30 PM, with highest & best due 05/05 by 5 pm.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$143,405
|
$42.08
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$143,405
|
$42.08
|
| Taxes |
$9,878
|
$2.90
|
| Operating Expenses |
$16,024
|
$4.70
|
| Total Expenses |
$25,902
|
$7.60
|
| Net Operating Income |
$117,502
|
$34.48
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $143,405 |
| Annual Per SF | $42.08 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $143,405 |
| Annual Per SF | $42.08 |
| Taxes (CAD) | |
|---|---|
| Annual | $9,878 |
| Annual Per SF | $2.90 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $16,024 |
| Annual Per SF | $4.70 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $25,902 |
| Annual Per SF | $7.60 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $117,502 |
| Annual Per SF | $34.48 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 3 | $3,123 CAD | 800 - 900 |
| 2+1 | 1 | $2,716 CAD | 700 |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | WORC-000004-000011-000049 | Total Assessment | $748,937 CAD |
| Land Assessment | $99,677 CAD | Annual Taxes | $9,878 CAD ($2.90 CAD/SF) |
| Improvements Assessment | $649,260 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
WORC-000004-000011-000049
Land Assessment
$99,677 CAD
Improvements Assessment
$649,260 CAD
Total Assessment
$748,937 CAD
Annual Taxes
$9,878 CAD ($2.90 CAD/SF)
Tax Year
2025
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43 Orient St - 43 Orient
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