Investment Analysis — 312 Plantation St

Worcester, MA 01604

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-unit multi-family in 01604 carries an estimated $4,500/mo in gross rent — about a 7.27% cap rate and $34,750/yr in estimated NOI at the $478,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,272

Style

2 Family - 2 Units Up/Down

Built

1853

Unique Worcester two-family offering a rare blend of character, flexible living space, and an exceptional location! This distinctive property features two five-room units, each offering two bedrooms.The home’s unique design includes a stucco exterior, a rear addition finished with vinyl siding, and updated windows throughout. Two new rear decks—measuring approximately 11’ x 21’ and 10’ x 16’—overlook the flat, fenced backyard and provide generous outdoor space for relaxing, entertaining, or enjoying the outdoors. Off-street parking for six plus vehicles adds to the property’s convenience and appeal.This versatile property offers an excellent opportunity for an owner-occupant looking to offset expenses by renting one unit, or for an investor seeking a well-located rental property. Location, location, location! Conveniently situated near Shrewsbury Street’s popular restaurants, entertainment, and nightlife, and just minutes from UMass Memorial Medical Center. A distinctive two-family offering flexibility, outdoor space, ample off-street parking, and excellent potential for both owner-occupants and investors.

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 MLS and other third-party data may be inaccurate or out of date.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