30 Penn Ave Worcester — Photo 1 of 2
$259,900
Investment Analysis — 30 Penn Ave
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 13.80% cap rate and $35,868/yr in estimated NOI at the $259,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,406
Style
Multi Family
Built
1890
Contractor Special, needs everything - currently has 2 full units and third studio unit in attic. Near train station and 290. Large driveway and back yard. Serious cash buyers only.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: John Vangos
Listing Office: Alpha Realty
MLS® Number: 73570434