Active
11 Days on market
199 Center Depot Road Charlton — Photo 1 of 42

199 Center Depot Road Charlton — Photo 1 of 42

$749,000

Investment Analysis — 199 Center Depot Road

Charlton, MA 01507 — Charlton Depot

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01507 carries an estimated $1,400/mo in gross rent — about a 1.12% cap rate and $8,407/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

2

SqFt

2,360

Style

Other

Built

1940

199 Center Depot Road, Charlton, MA. This property comes with a huge 3-car garage with approximately 1,500 square feet of commercial space (41'x37 feet) and a newly remodeled single-family residence with 3 bedrooms and 2 full baths with a total of approximately 1,560 square feet of refined living space on one level. Ideal property for self-employed families who are looking for a huge 3-car garage with high ceilings (13 feet, 6 inches) and metal I beams to run their business next to their newly remodeled home in the desirable Town of Charlton. The space above the garage is partially finished with electricity and sheet-rock on the walls. The septic pipe is inside the back wall of the garage and is connected to the 4-bedroom septic system so the 2nd floor space could be finished into an Accessory Dwelling Unit (ADU) for additional living space for your extended family members or a rental unit for extra income. The oversized 3-car garage alone with wide metal I-Beams that has enough space to fit tractor trailers, and has a full room above would cost well over $300,000 to build in today's market. To truly appreciate the unique character and sophisticated appeal of this Charlton residence, a private viewing is highly recommended. Neighborhood Business Zone allows for many possibilities. Located about 300 feet from Ronnie's Seafood Restaurant near the corner of Center Depot Rd and City Depot Rd. Easy Access to Mass Pike, Rt.20, Stafford St and the Center of Town. Situated on a generous 28,750 square foot lot, providing an exceptional blend of charm and contemporary convenience. The property features three well-proportioned bedrooms, offering versatile accommodations for residents and guests alike. Complementing the living spaces are two full bathrooms, each designed to provide comfort and functionality. The expansive three-car garage offers substantial capacity for vehicle storage and additional utility, catering to practical needs with ample space for a potential business application such as auto-mechanic, contractor, plumber, electrician, excavation company, and so many other potential businesses. Seller is willing to sell the property in AS-IS condition for a deep discount to contractors who can do some finish work and build instant sweat equity. Must See! Daily Open House Mondays-Friday from 4:00 pm to 6:00 pm.

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

Original Price$749,000
Annual Taxes$4,361

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningNB

Property & Lot

Acres0.66
SqFt Lot28,750
Lot Features--

Geography

Property History

Listed
$749,000

Sep 10, 2026

MLS® 73575647

Listed
$749,000

Sep 10, 2026

MLS® 73575581

Listing Provided By

Listing Agent: George Goulas

Listing Office: Peoples Broker Realty

MLS® Number: 73575647