35 Mckinley Worcester — Photo 1 of 33
$599,900
Investment Analysis — 35 Mckinley
Worcester, MA 01605
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-unit multi-family in 01605 carries an estimated $5,280/mo in gross rent — about a 6.95% cap rate and $41,707/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
--
SqFt
1,890
Style
2 Family - 2 Units Up/Down
Built
1909
Discover an exceptional multi-family opportunity in Worcester, where timeless character meets thoughtful modern upgrades. Impeccably maintained and truly move-in ready, this property welcomes you with soaring ceilings, abundant natural light, and beautifully preserved hardwood floors that add warmth and charm throughout. Both units have been tastefully updated with modern finishes while maintaining the home's original character. The kitchens feature generous cabinet space, granite countertops, and stainless steel appliances, while the updated bathrooms showcase contemporary tilework and clean, stylish finishes. Major improvements provide added comfort, efficiency, and peace of mind, including high-efficiency Navien tankless systems, new central air conditioning for both units, and a newly installed sewer line connection. Ideally located near schools, shopping at Lincoln Plaza and Greendale, WPI, UMass Memorial Medical Center, and the expansive Green Hill Park. Convenient access to I-290 makes commuting throughout Worcester and beyond a breeze. Whether you're an owner-occupant or investor, this turnkey multi-family combines location, condition, character, and modern convenience—an outstanding opportunity in one of Worcester's established residential areas.
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Listing Agent: Vanessa Dos Santos
Listing Office: RE/MAX Synergy
MLS® Number: 73574857