9-1/2 Bourne St Worcester — Photo 1 of 42
$775,000
Investment Analysis — 9-1/2 Bourne St
Worcester, MA 01606 — Greendale
Based on rent reported on the MLS listing, a 3-unit multi-family in 01606 carries $6,550/mo in gross rent — about a 6.54% cap rate and $50,665/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
4
SqFt
3,303
Style
3 Family
Built
1916
Turnkey three-family in Greendale, refurbished top to bottom. Unit 1 and 2 are tenant occupied. Unit 3 is vacant with tenant occupancy mid-September. Total rents $6,550 combined. All three units finished to the same standard: refinished hardwood throughout, white shaker kitchens with quartz counters and stainless appliances, updated baths, new lighting, fresh paint and trim. First floor spans 1,166SF with three bedrooms, two full baths and laundry hookups; second and third floors each offer bay-window living rooms and updated kitchens. Separate utilities throughout - individual gas heat (U1 & U3) with electrical heat (U2), individual gas hot water, separate electric panel per unit. Six off-street tandem parking spaces on a 7,800SF lot, vinyl siding, insulated double-hung windows 3,232SF gross building area, eight bedrooms, four full baths. Zoned RG-5 and conforming. Greendale is close to I-190 and I-290.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Christopher Hart
Listing Office: Heartland Property Real Estate
MLS® Number: 73570332