
1307 Millbury Street Worcester — Photo 1 of 40
$375,000
Investment Analysis — 1307 Millbury Street
Worcester, MA 01607
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01607 carries an estimated $2,820/mo in gross rent — about a 5.64% cap rate and $21,144/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,518
Style
Single Family
Built
1905
A distinctive Worcester Colonial where classic character meets a fresh, modern interior. Hardwood floors extend throughout much of the home, beginning with a spacious living area filled with natural light and recessed lighting. The kitchen makes a strong impression with stone counters, a large breakfast bar, stainless steel appliances and gas cooking, creating an easy connection to the surrounding living space. Four bedrooms provide flexibility, including one with its own full bath and another with exterior access, while two full baths offer added functionality. A standout glass-enclosed greenhouse/sunroom creates an unexpected bonus space overlooking the property, and an additional sitting room adds even more versatility. Mini-splits, central air, a full basement and a paved driveway for four vehicles round out the home. Set on approximately half an acre with access to public transportation, shopping, parks and major highways, this property offers an appealing combination of space, character and accessibility.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 759 sq ft (the lesser of 900 sq ft or half the 1,518 sq ft principal dwelling). Lot size: 21,774 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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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Property Details
Financials
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 14
Flooring - Hardwood, Recessed Lighting
Kitchen
Lvl First15 x 11
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Primary Bedroom
Lvl Second12 x 12
Walk-In Closet(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Second11 x 12
Bedroom 3
Lvl Second12 x 16
Flooring - Hardwood, Exterior Access
Bathroom 1
Lvl Second10 x 7
Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Bathroom 2
Lvl First7 x 5
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Hardwood
Listing Agent: Sereyvoathana Ouk
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73575500
