3A Gediminas Worcester — Photo 1 of 9
Recent Drop: $25,000
$74,900
Investment Analysis — 3A Gediminas
Worcester, MA 01610
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01610 carries an estimated $1,520/mo in gross rent — about a 17.95% cap rate and $13,442/yr in estimated NOI at the $74,900 list price. Adjust every assumption in the calculator below.
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Attention builders and developers—don’t miss this versatile development opportunity. This BL-1 (Business Limited) zoned, sloped lot allows for both residential and non-residential uses, offering exceptional flexibility for future development. With appropriate site work and permitting, potential uses may include a single-family home, multifamily, general or retail office, food service, and more. A survey has been completed and is available upon request. The property offers frontage on both Gediminas Street and Millbury Street; however, access from Millbury Street would require MassDOT approval. City water and city sewer are available on Gediminas Street. Conveniently located with easy access to Route 290 and other major roadways.One or more of the property owners is a licensed real estate professional.
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 MLS and other third-party data may be inaccurate or out of date.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
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Property History
$74,900
Was $99,900
Jan 6, 2026
MLS® 73340113
$99,900
Mar 2, 2025
MLS® 73340113
Listing Agent: Gramoz Mema
Listing Office: Naples Realty Group
MLS® Number: 73340113
