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158 Days on market
7 Wingate St Shrewsbury — Photo 1 of 21

7 Wingate St Shrewsbury — Photo 1 of 21

$739,900

Investment Analysis — 7 Wingate St

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 $6,940/mo in gross rent — about a 7.74% cap rate and $57,249/yr in estimated NOI at the $739,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

1,898

Style

Multi Family

Built

1917

Beautifully situated near scenic Jordan Pond, this well-maintained two-family property offers the perfect blend of comfortable living and strong investment potential. Whether you are looking for an owner-occupied home with mortgage assistance or a smart income-producing property, this is an exceptional opportunity.The home features two spacious units with updated utilities, providing peace of mind and added value. Unit 1 will be delivered vacant, making it ideal for an owner-occupant or immediate market-rate rental, while Unit 2 new up date floors with fresh paint. the property includes two separate storage units generating an extra $100 per month, further enhancing cash flow. A shared laundry area in the basement adds convenience for tenants.Outside, enjoy a beautiful yard.open house 04/11/26 Saturday 1:00pm to 2:30pm

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$739,900
Annual Taxes$6,044

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms13
FireplacesNone
Flooring--
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningRES B-

Property & Lot

Acres0.34
SqFt Lot14,834
Lot FeaturesCorner Lot

Geography

Listing Provided By

Listing Agent: Tai Cheng

Listing Office: La Maison

MLS® Number: 73498756