Investment Analysis — 27 Dillon St

Worcester, MA 01604 — South Worcester

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 8.04% cap rate and $21,308/yr in estimated NOI at the $265,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

929

Style

Single Family

Built

1968

Contractors, investors and rehabbers — opportunity awaits at 27 Dillon Street! This vacant single-family home offers a great opportunity for a buyer looking to renovate, add value and bring a property back to life in Worcester.The home is in need of updating and is being offered as-is, making it an ideal project for a contractor, flipper, investor or experienced buyer looking for their next renovation.Several major mechanical components have already seen more recent updates, including a Bryant forced-air gas heating system (2017 per equipment tag) and hot water heater (2023). Electrical service/panel is older and should be evaluated as part of the buyer's due diligence.Bring your contractor, your ideas and your vision. Property is now vacant and ready for immediate access, allowing buyers to properly evaluate the project and scope the renovation before submitting an offer.Property to be sold as-is. Seller will make no repairs. Buyer and buyer's agent to perform all due diligence.

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: 465 sq ft (the lesser of 900 sq ft or half the 929 sq ft principal dwelling). Lot size: 7,000 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.