Investment Analysis — 4 Mott St

Worcester, MA 01604

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 2 vacant units, a 3-unit multi-family in 01604 carries an estimated $7,580/mo in gross rent — about a 9.58% cap rate and $59,903/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

3.5

SqFt

3,936

Style

3 Family

Built

1890

Solid Worcester 3 decker with huge 4 bedroom apartments. The kitchens are oversized. Second and third floor units have just been renovated with gleaming newly refinished hardwood floors and freshly painted. First floor tenant is month to month. Located on a quiet section of Grafton Hill in a good rental area. Two units are vacant to allow the new owner to get their own tenants at top market rents. Low maintenance lot. Near rte 290 and 146. Close to Holy Cross, Clark University, WPI and Worcester Academy. This building has some great updates including updated baths and per owner ten year old roof. Laundry hook-ups in all apartments. Large backyard. Great for investor or owner occupant. Owner is willing to negotiate with serious buyer.

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 MLS and other third-party data may be inaccurate or out of date.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