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51 Randall Street Worcester — Photo 1 of 41

51 Randall Street Worcester — Photo 1 of 41

$599,000

Investment Analysis — 51 Randall Street

Worcester, MA 01606

Based on rent reported on the MLS listing, a 2-unit multi-family in 01606 carries $1,350/mo in gross rent — about a 1.12% cap rate and $6,729/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

1,612

Style

2 Family - 2 Units Up/Down

Built

2007

A pool, hot tub, and fenced yard bring standout outdoor living to this Burncoat multifamily, while two distinct residences offer flexibility for owner-occupants and investors alike. The up/down configuration provides the opportunity to live in one unit while generating rental income, expand an investment portfolio, or combine personal use with long-term potential. The upper residence spans two levels and features a dining area, upgraded solid-surface counters, a walk-in closet, generous storage, a balcony/deck, and a propane fireplace. The lower residence offers convenient single-level living with hardwood and tile flooring, its own walk-in closet, additional storage, and a second propane fireplace. Ceiling fans and programmable thermostats add everyday comfort and functionality. Outside, the fenced yard is made for entertaining, recreation, and relaxing, with an above-ground pool, hot tub, deck, patio, and covered outdoor area. A paved driveway provides ample off-street parking, while insulated windows and doors add practical efficiency. A fully insulated walk up attic provides ample storage space! Set in Worcester’s Burncoat neighborhood, the property is conveniently located near Quinsigamond Community College, public transportation, shopping, parks, and major highways. With two separate living spaces, useful parking, and an outdoor setup that goes well beyond the typical multifamily, this property offers an appealing mix of investment flexibility and lifestyle appeal.

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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Open Houses

Property Details

Financials

Original Price$599,000
Annual Taxes$5,583

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms9
Fireplaces2
FlooringTile, Vinyl, Carpet, Hardwood
BasementFull

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRG-5

Property & Lot

Acres0.08
SqFt Lot3,674
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Highway Access • House of Worship • Public School

Geography

Listing Provided By

Listing Agent: Deanna Faucher

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73574342