51 Chilmark St Worcester — Photo 1 of 6
$299,990
Investment Analysis — 51 Chilmark St
Worcester, MA 01604
Based on rent reported on the MLS listing, a 2-unit multi-family in 01604 carries $1,250/mo in gross rent — about a 2.43% cap rate and $7,277/yr in estimated NOI at the $299,990 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,416
Style
2 Family - 2 Units Up/Down
Built
1900
INVESTORS, CONTRACTORS & REHAB BUYERS—DON’T MISS THIS OPPORTUNITY! Two-family property offered at $299,990 with tremendous potential for the right buyer. This property needs TLC and is ready for someone with vision, creativity, and imagination to bring it back to life. With limited multifamily inventory available in this price range, this could be a great opportunity to renovate, build equity, and create future rental income. Property is being sold in its current condition. Bring your ideas and imagine the possibilities! Due to the Labor Day holiday weekend, our Open House has been rescheduled to next Sunday 09/13/2026
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 MLS and other third-party data may be inaccurate or out of date.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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Range • Refrigerator
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Shopping • Park • Medical Facility • Laundromat • Highway Access • Private School
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Listing Agent: Ana Loja
Listing Office: Afonso Real Estate
MLS® Number: 73570663