Investment Analysis — 1 Mann St

Worcester, MA 01602

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01602 carries an estimated $1,730/mo in gross rent — about a 6.69% cap rate and $13,378/yr in estimated NOI at the $199,990 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

Style

Residential

Built

Shovel ready and approved. This 5,756 SF building lot comes with the hard part finished: ZBA and Planning Board approvals, a recorded subdivision plan, PE stamped site and utility plans, and architectural design plans for a semi detached two family. Each approved unit offers 3 bedrooms, 2.5 baths, roughly 1,630 SF of living space across three floors, a garage under, and an attic level primary suite with a freestanding tub and double vanity. City water and sewer are at the street, and the utility connections are already designed into the plans. Skip the approval process and move straight to construction drawings. Minutes to Worcester State University, Beaver Brook Park, and the Chandler Street corridor, in one of the strongest two family markets in the city. Build to sell, build to rent, or live in one unit and let the other pay your mortgage. Plans available upon request.

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 MLS and other third-party data may be inaccurate or out of date.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.