36 Revere St Worcester — Photo 1 of 16
$350,000
Investment Analysis — 36 Revere St
Worcester, MA 01604
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01604 carries an estimated $2,790/mo in gross rent — about a 6.04% cap rate and $21,127/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,008
Style
Single Family
Built
1960
Some homes are finished for you. Others are waiting for their next chapter to begin.This three-bedroom ranch in Worcester’s Grafton Hill neighborhood has the kind of straightforward layout that simply works. The bedrooms feature exposed hardwood floors in good condition, including a primary bedroom with its own half bath. Hardwood flooring may also remain beneath the wall-to-wall carpeting in the living and dining rooms.The electrical service was recently replaced, and the home is heated by a gas boiler installed in 2005. There is work ahead—the deck needs replacement and the chimney needs repointing—but the opportunity is already reflected in the price.Offered at $350,000, this is an honest house at an honest price: solid where it counts, ready for fresh ideas, and waiting for the right buyer to write what comes next.
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: 504 sq ft (the lesser of 900 sq ft or half the 1,008 sq ft principal dwelling). Lot size: 7,500 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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First12 x 15
Flooring - Wall to Wall Carpet
Dining Room
Lvl Main,First11 x 9
Flooring - Wall to Wall Carpet
Kitchen
Lvl Main,First11 x 11
Kitchen Island
Primary Bedroom
Lvl First11 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl Main,First12 x 14
Bedroom 3
Lvl Main,First12 x 8
Closet
Bathroom 1
Lvl Main,FirstBathroom - Full
Listing Agent: David Stead
Listing Office: RE/MAX Partners
MLS® Number: 73570013