44 Margin Street Worcester — Photo 1 of 21
$299,900
Investment Analysis — 44 Margin Street
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 7.05% cap rate and $21,141/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,063
Style
Single Family
Built
1935
Welcome to 44 Margin St, where you'll feel like you're on top of the world! With conservation land behind and beyond your property, you'll enjoy incredible views and privacy while maintaining all of the conveniences this location has to offer. Just off Grafton Street puts you mere minutes from Route 20, the Mass Pike, Millbury, restaurants, shopping and more. The home offers 3 good sized bedrooms, 1 bathroom, kitchen, dining room, living room, foyer and screened in porch all one one level. Finish the walk up attic for additional living space. With a little bit of updating and polish, this home will truly shine as it proudly sits atop the city. Come and look for yourself. It's worth the climb.
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: 532 sq ft (the lesser of 900 sq ft or half the 1,063 sq ft principal dwelling). Lot size: 15,000 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 MLS and other third-party data may be inaccurate or out of date.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
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First17.916666666 x 12.166666666
Ceiling Fan(s), Flooring - Vinyl, Window(s) - Picture, Cable Hookup
Dining Room
Lvl Main,First9.75 x 12.833333333
Ceiling Fan(s), Flooring - Wood, Wainscoting
Kitchen
Lvl Main,First12.916666666 x 15.75
Ceiling Fan(s), Closet, Flooring - Vinyl, Exterior Access
Primary Bedroom
Lvl Main,First15.833333333 x 11.083333333
Closet, Flooring - Wood, Cable Hookup
Bedroom 2
Lvl Main,First9.75 x 11.833333333
Bedroom 3
Lvl Main,First10.666666666 x 9
Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Wood
Bathroom 1
Lvl First7 x 5.583333333
Bathroom - Full, Bathroom - Tiled With Tub, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Carrie Russin
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73582724