590 Franklin St. Worcester — Photo 1 of 10
$175,000
Investment Analysis — 590 Franklin St.
Worcester, MA 01604
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01604 carries an estimated $1,740/mo in gross rent — about a 7.31% cap rate and $12,788/yr in estimated NOI at the $175,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
562
Style
Other
Built
1950
OPPORTUNITY KNOCKS !!! This is an ideal building for retail, hair salon, barber shop, office space, etc.etc. Come with your ideas and take a look for yourself. Many options for this property located on a 6,188 sf buildable lot if present building is removed.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Medical Facility • Public School
Geography
Property History
$175,000
May 4, 2026
MLS® 73512381
$225,000
Jun 27, 2025
MLS® 73295399
$225,000
Sep 26, 2024
MLS® 73295399
Listing Agent: Lance Longvall
Listing Office: Longvall Realty
MLS® Number: 73512381