2 Highland Ave Charlton — Photo 1 of 37
$529,900
Investment Analysis — 2 Highland Ave
Charlton, MA 01507
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01507 carries an estimated $2,240/mo in gross rent — about a 3.10% cap rate and $16,421/yr in estimated NOI at the $529,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,163
Style
Single Family
Built
1955
Welcome home! This beautifully updated property offers a bright, open-concept layout featuring a new kitchen that flows seamlessly into the living and dining areas, complemented by a cozy fireplace perfect for everyday living and entertaining. The home features 3 bedrooms and 2 full bathrooms, including a generously sized primary bedroom with its own private full bath. Additional updates include a new roof and newer siding. The finished walk-out basement provides valuable additional living space and convenient access to the outdoors. An attached 1-car garage is located beneath the home. The property also offers parking for up to 4 vehicles, with 2 spaces in front of the house and additional parking beside the garage. As an added bonus, the property includes deeded lake rights to Glen Echo Lake, offering the opportunity to enjoy all that lake living has to offer. Conveniently located in Charlton with easy access to Routes 20 and 31, I-90, and I-84. Move-in ready with many recent updates. First showing at the Open House Sunday Sep 13th, from 12pm to 2pm! ALL OFFERS WILL BE REVIEWED ON MONDAY, SEP 14TH, AT 6PM!
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: 900 sq ft (the lesser of 900 sq ft or half the 2,163 sq ft principal dwelling). Lot size: 14,636 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access • Private School
Geography
Property History
$529,900
Sep 9, 2026
MLS® 73574882
$355,000
Jun 10, 2026
MLS® 73527795
$339,900
Jun 1, 2026
MLS® 73527795
Listing Agent: Patricia Almeida Vega
Listing Office: Vega Realty, LLC
MLS® Number: 73574882
