Investment Analysis — 2 Shirley St

Worcester, MA 01610

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-unit multi-family in 01610 carries an estimated $7,320/mo in gross rent — about a 7.30% cap rate and $58,068/yr in estimated NOI at the $795,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

3.5

SqFt

4,059

Style

3 Family - 3 Units Up/Down

Built

1890

Steps from Clarke University find this Investor’s Dream. It is also perfect as an Owner Occupied. A spacious 3-family property featuring a total of 10 bedroom. First floor is a 4 bedroom 1 1/2 bath with washer and dryer hookups, new stove and generous living space. 2nd and 3rd floor are 3 bedrooms each w/1 bath. Each unit boasts gleaming hardwood floors throughout, and a layout perfect for comfortable living. Property needs TLC. Come update, renovate and gain equity. Property is ideal for student rentals and offers strong income potential. Enjoy the convenience of being close to shops, restaurants, and public transportation, making it a highly desirable location for tenants.

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 MLS and other third-party data may be inaccurate or out of date.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