Investment Analysis — 1550-1552 Main St.

Worcester, MA 01603

Based on rent reported on the MLS listing, a 2-unit multi-family in 01603 carries $5,300/mo in gross rent — about a 6.26% cap rate and $40,705/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

4,096

Style

Multi Family

Built

1910

Large multi-family with value-add potential. This well-maintained property comes with deleading compliance letter. Each unit consists of 4 bedrooms and 1 bath, not including a newly remolded 3rd level accessed by common area, complete with 2 beds, 1 bath and wet bar. Providing flexible living arrangements and added income. Property is currently generating $5,300 a month with room to increase. Bonus features include newer central heat & a/c units, water heaters, and front and back porches. Set on a double lot with convenient on street parking on front side of property in secluded neighborhood. Great for investors or owner-occupied buyers.

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 MLS and other third-party data may be inaccurate or out of date.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