Investment Analysis — 15 Gibbs St #G

Worcester, MA 01607

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01607 carries an estimated $2,050/mo in gross rent — about a 4.47% cap rate and $15,184/yr in estimated NOI at the $340,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,080

Style

Single Family

Built

1988

Welcome home to this move-in-ready 2-bedroom, 1.5-bath townhome offering comfort, convenience, and NO HOA FEES! The first floor features a bright, open-concept layout with an updated kitchen, spacious living and dining areas, and a convenient half bath with a new vanity. Updated lighting and fresh paint throughout multiple areas of the home add to the clean, refreshed feel. Upstairs, you’ll find two generously sized bedrooms, including a primary bedroom with a large walk-in closet, along with a full bathroom. Parking is no issue here! The property features an oversized garage along with multiple parking options in both the front and rear of the home. Conveniently located near major highways, shopping, restaurants, and everyday amenities, this townhome offers easy living in a great location. Move right in and enjoy the benefits of townhome living without the added expense of HOA fees!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 540 sq ft (the lesser of 900 sq ft or half the 1,080 sq ft principal dwelling). Lot size: 2,266 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.