279 Hamilton St Worcester — Photo 1 of 38
$599,900
Investment Analysis — 279 Hamilton St
Worcester, MA 01604
Based on rent reported on the MLS listing, a 2-unit multi-family in 01604 carries $4,200/mo in gross rent — about a 5.33% cap rate and $31,969/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,908
Style
Multi Family
Built
1915
Great opportunity to own a well-maintained two-family home on a corner lot, with each unit offering 2 bedrooms and 1 full bathroom. This property features a two-car detached garage, off-street parking, a full basement with storage, and replacement windows. Unit 2 offers energy-efficient tankless heat and hot water installed in 2015, while Unit 1 features a recent gas boiler installed in August 2026. Situated on a desirable corner lot, this home is just minutes to UMass Medical and major routes, making it a convenient option for owner-occupants, investors, or those seeking strong rental potential.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Rosa Wyse
Listing Office: Champion Real Estate, Inc.
MLS® Number: 73574945