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165 Fairmont Ave Worcester — Photo 1 of 32

165 Fairmont Ave Worcester — Photo 1 of 32

$419,000

Investment Analysis — 165 Fairmont Ave

Worcester, MA 01604

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01604 carries an estimated $2,790/mo in gross rent — about a 5.11% cap rate and $21,407/yr in estimated NOI at the $419,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,142

Style

Single Family

Built

1890

Character, thoughtful updates, flexible living space & an incredible 3-car garage! Welcome to this inviting 3-bedroom, 1.5-bath Colonial, where classic charm meets comfortable everyday living. From the moment you step inside, you’ll appreciate the spacious layout, gleaming floors, beautiful natural light, and details that give this home its distinctive character.The heart of the home is the bright eat-in kitchen, featuring stainless steel appliances, a gas range, abundant cabinetry, and plenty of counter space. The kitchen flows naturally into the formal dining room and spacious living room, creating an ideal setting for both everyday living and entertaining. Large windows, unique moldings, and an attractive staircase add warmth and architectural appeal throughout the main level. Upstairs, three comfortable bedrooms feature fresh wall-to-wall carpeting and share a full bath. Step outside from the main level onto the rear deck, overlooking the partially fenced yard—a great spot to enjoy your morning coffee or unwind at the end of the day. The walk-out lower level adds valuable flexibility, with a finished bonus room, laundry area, and an abundance of unfinished storage space. And for those who need room for cars, hobbies, or projects, the detached 3-car garage is an exceptional bonus, offering tremendous versatility along with ample off-street parking. Conveniently located with easy access to major routes, shopping, dining, schools, and everyday amenities, this well-maintained home offers the space, character, and flexibility you've been looking for—with plenty of room to make it uniquely yours.

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: 571 sq ft (the lesser of 900 sq ft or half the 1,142 sq ft principal dwelling). Lot size: 4,911 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.

Property Details

Financials

Original Price$419,000
Annual Taxes$4,038

Parking

Garage3
Off-Street7

Interior Specifications

Total Rooms6
FireplacesNone
Flooring--
BasementFull, Partially Finished, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingSteam
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone
ZoningRG-5

Property & Lot

Acres0.11
SqFt Lot4,911
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchenBathroom 2
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl Second
Bathroom 2
Lvl First
Listing Provided By

Listing Agent: Julieann Horrigan

Listing Office: RE/MAX Prof Associates

MLS® Number: 73586193