158 Fairhaven Rd Worcester — Photo 1 of 40
$735,000
Investment Analysis — 158 Fairhaven Rd
Worcester, MA 01606 — Burncoat
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01606 carries an estimated $1,720/mo in gross rent — about a 1.05% cap rate and $7,715/yr in estimated NOI at the $735,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
3
SqFt
2,928
Style
Other
Built
1925
A truly unique mixed-use opportunity in Worcester! This versatile property offers two first-floor commercial spaces, including a legacy hair salon that has been a neighborhood fixture for more than 40 years. The second commercial space has been recently renovated and is ready for its next business or professional use. Upstairs, a sun-splashed three-bedroom apartment provides spacious living quarters with abundant natural light. Whether you're an investor seeking multiple income streams or an owner-occupant looking to operate a business downstairs while living above, this property offers exceptional flexibility and potential. Numerous recent improvements add to its appeal, including a newer driveway, roof, hot water tanks, and additional renovations throughout. A distinctive opportunity to own a well-established mixed-use property with residential and commercial possibilities in one convenient location.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: James Kalogeropoulos
Listing Office: RE/MAX Partners
MLS® Number: 73571451
