17 Federal #506F Worcester — Photo 1 of 19
$199,500
Investment Analysis — 17 Federal #506F
Worcester, MA 01608
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01608 carries an estimated $2,180/mo in gross rent — about a 6.63% cap rate and $13,222/yr in estimated NOI at the $199,500 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
684
Style
Condominium
Built
1930
Welcome to 17 Federal St, Worcester! Unit 506F is a charming condo offering a blend of convenience and comfort. This well-maintained unit has been lovingly cared for by the same owner for 20 years, ensuring a quality living experience. With 684 square feet, this condo features beautiful flooring throughout the living room, creating a warm and inviting atmosphere. Enjoy an abundance of natural light, enhancing the open feel of the space.Located close to the elevator, this condo provides easy access and added convenience. The shared washer and dryer on the same floor add to the practicality of this home. Parking is a breeze with monthly options available across the street or on adjacent side streets. There is also a large fitness area on level 2 and additional storage in the lower level. The low condo fee includes heat, adding further value.Situated in a vibrant neighborhood, this condo is less than a mile from the commuter rail and Polar Park. Worcester is known for its colleges, hospitals, dining, and recreation, making it an ideal location for those seeking a dynamic lifestyle. With a bus line just 500 feet away, transportation is always within reach.This property is perfect for first-time buyers, those looking to downsize, commuters to Boston, professionals working in nearby hospitals or colleges, or anyone else looking for a new home. Experience the charm and convenience of this condo by scheduling a showing today. Seller is ready for offers! Furniture is negotiable. Seller happy to leave items behind that a new buyer may need.
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
Oven • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Medical Facility • Public School • T-Station • University
Geography
Listing Agent: David Lacivita
Listing Office: The Firm
MLS® Number: 73561831
