26 Maxwell St Worcester — Photo 1 of 6
$220,000
Investment Analysis — 26 Maxwell St
Worcester, MA 01607
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01607 carries an estimated $1,580/mo in gross rent — about a 6.29% cap rate and $13,847/yr in estimated NOI at the $220,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
--
Style
Residential
Built
--
Opportunity is knocking! ANR (Approval Not Required) Plan on hand for this prime location at Vernon Hill! With an approved permit, you can start right away to build a beautiful three-unit condo on this 5505 sqft corner lot. The current design has three identical townhouse units of 1629 sqft each with 2 bedrooms and 1.5 bathrooms and a two-car garage. Other designs such as a three-deck complex can also be an option. With its proximity to major highways (I-290, Rt.146 and the Mass Pike) and less than 2 miles to the Union Station, this is a fantastic location for commuters. Other attributes making the lot attractive include parks and fields in the neighborhood, various nearby shops and restaurants, etc. offering convenient living. Besides, the College of Holy Cross is 1.5 miles away. All these make this a rare investment opportunity. Seize it before it gets snapped up by other savvy investors!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Highway Access • Private School
Geography
Listing Agent: Hui Joseph Zou
Listing Office: StartPoint Realty
MLS® Number: 73439267
