Active

113 Days on market

45 Indian Hill Rd Worcester — Photo 1 of 41

Recent Drop: $14,000

$419,000

$405,000

Investment Analysis — 45 Indian Hill Rd

Worcester, MA 01606

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01606 carries an estimated $2,220/mo in gross rent — about a 3.76% cap rate and $15,238/yr in estimated NOI at the $405,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,328

Style

Single Family

Built

1954

Don't miss your opportunity to own this spacious ranch in Worcester's desirable Indian Hill neighborhood. Enjoy the ease of one-level living with beautiful hardwood floors, a generous kitchen with a breakfast bar, two spacious bedrooms, and two fireplaces that add warmth and character. The finished lower level with a second fireplace and three-season porch offers flexible living space for a family room, home office, guest area, or potential future expansion, subject to local requirements. Situated on more than a half-acre, the property features mature gardens ready for your personal touch. Recent improvements include several replacement windows, a new water heater, a recently serviced boiler, and low-maintenance vinyl siding. A two-car garage and ample off-street parking provide added convenience. Ideally located near shopping, restaurants, city amenities, and major highways, this home offers comfort and flexibility.

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: 664 sq ft (the lesser of 900 sq ft or half the 1,328 sq ft principal dwelling). Lot size: 23,086 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.