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158 Austin St Worcester — Photo 1 of 29

158 Austin St Worcester — Photo 1 of 29

$539,000

Investment Analysis — 158 Austin St

Worcester, MA 01609

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-unit multi-family in 01609 carries an estimated $8,640/mo in gross rent — about a 13.60% cap rate and $73,331/yr in estimated NOI at the $539,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

3

SqFt

4,015

Style

3 Family

Built

1900

ATTENTION ALL INVESTORS, contractors, rehabbers, flippers and handy owner-occupants! The hard work and initial cost investment of TIME and FINANCES have been paid to obtain the zoning board approval for a 4th unit, sprinkler system design, stamped architectural plans, survey, and permit for construction to begin immediately in hand. Attached floor plan design is for 10 bedrooms, 4 bathrooms, washer and dryer in each unit. Gated 7 parking spaces! GUTTED AND READY TO GO!!! Located near shopping, universities, dining, and major routes. As a construction site hold harmless disclaimer must be signed prior to entrance. Please do not walk the property without an appointment or agent.

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 MLS and other third-party data may be inaccurate or out of date.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

Property Details

Financials

Original Price$539,000
Annual Taxes$5,466

Parking

Garage0
Off-Street7

Interior Specifications

Total Rooms18
FireplacesNone
Flooring--
BasementUnfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationConcrete Perimeter
ZoningRG-5

Property & Lot

Acres0.16
SqFt Lot7,088
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Listing Provided By

Listing Agent: Julia Acquaahharrison

Listing Office: Weichert REALTORS®, Hope & Associates

MLS® Number: 73565755