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18 Days on market
89 Middlesex Ave Worcester — Photo 1 of 2

89 Middlesex Ave Worcester — Photo 1 of 2

$250,000

Investment Analysis — 89 Middlesex Ave

Worcester, MA 01604

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01604 carries an estimated $1,740/mo in gross rent — about a 5.68% cap rate and $14,209/yr in estimated NOI at the $250,000 list price. Adjust every assumption in the calculator below.

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Style

Residential

Built

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Vacant, developable lot in RL-7 zone with conforming dimensions for 2-family by right, 3-family with Special Permit. Survey and drawings for 2 side-by-side townhouses (3 bedrooms, 2.5 baths, 1,300sqf, 1-car garage on slab) in hand, along with existing conditions plot plan and schmatic design plans. Agents, see investor's pitch deck attached to MLS listing. ACCESS TO LIQUIDITY AVAILABLE: owner will finance acquisition and/or construction costs at 10%, open to proposals.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$250,000
Annual Taxes$1,660

Parking

Garage0
Off-Street0

Interior Specifications

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FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterAt Street
SewerAt Street

Building & Exterior

Construction--
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Foundation--
ZoningRL-7

Property & Lot

Acres0.35
SqFt Lot15,366
Lot FeaturesWooded

Geography

Listing Provided By

Listing Agent: Joan Bissdorf

Listing Office: Keller Williams Realty

MLS® Number: 73568072