
66 Plainfield Ave Shrewsbury — Photo 1 of 26
$569,900
Investment Analysis — 66 Plainfield Ave
Shrewsbury, MA 01545
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-unit multi-family in 01545 carries an estimated $5,650/mo in gross rent — about a 8.11% cap rate and $46,199/yr in estimated NOI at the $569,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,520
Style
2 Family - 2 Units Up/Down
Built
1922
**NEW LISTING! Versatile Two-Family Home in a Prime Commuter Shrewsbury Ma Location! **This fabulous two-family home is ideally situated just minutes from the highway and UMass Memorial Medical Center, making it an excellent choice for owner-occupants, multi-generational households, or savvy investors. Lovingly maintained and filled with updates, this property offers a fantastic in-law setup or turnkey investment opportunity with plenty of space and flexibility.The **first-floor unit** offers a spacious, open living and dining area, a cabinet-packed double galley kitchen with breakfast bar, and a generously sized bedroom leading to a versatile office, reading room, or additional living space. This flexible room features **two walk-in closets**, providing exceptional storage. An oversized full bath includes a large storage closet with laundry hookups. Additional storage is available in the basement, which also features a separate laundry area ** The second-floor unit** offers two to three bedrooms, a generously sized dining room with charming built-ins, an updated full bath with tasteful tile and cabinetry, and a spacious living room leading to a bright and inviting enclosed front porch—perfect for enjoying your morning coffee or relaxing at the end of the day.The property boasts an impressive list of improvements, including a **new washer and dryer (2025), new roof (2021), and new oil tanks (2021) **, along with numerous additional updates. A complete update list is available for review.Whether you're looking for **comfortable multi-generational living, a convenient in-law arrangement, or an income-producing investment**, this well-cared-for property offers tremendous flexibility and value in a highly convenient location.**A unique opportunity offering space, character, updates, and versatility—all in one! Come see everything this wonderful two-family home has to offer! **
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
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Medical Facility • Highway Access • House of Worship
Geography
Listing Agent: Colleen Griffin
Listing Office: RE/MAX Vision
MLS® Number: 73582417