Active
2 Days on market
49 Beaver St Worcester — Photo 1 of 19

49 Beaver St Worcester — Photo 1 of 19

$899,000

Investment Analysis — 49 Beaver St

Worcester, MA 01603

Based on rent reported on the MLS listing, a 3-unit multi-family in 01603 carries $7,700/mo in gross rent — about a 6.87% cap rate and $61,793/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

12

Baths

6

SqFt

4,348

Style

3 Family - 3 Units Up/Down

Built

1890

49 Beaver St contains three (3) 4-Bedroom/2-Bathroom units with 4,348 square feet of gross living area in 6,504 square feet of gross area. The Property is situated upon a 0.15-acre parcel and features seven (7) off-street parking spaces. The Property, featuring large layouts in each unit, has been well maintained by current ownership and offers exceptional proximity to Clark University. Two of the three units are Clark University student rentals with year long leases and the other unit will be delivered vacant. This allows the purchaser the option to either owner occupy or hand select their tenant for this desirable unit. The Property is separately metered for gas powered heat & hot water, as well as separately metered electricity. The Landlord is responsible for providing city water & sewer. Additionally, the Property has coin-op laundry, an added amenity for tenants and another stream of income for ownership.

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 MLS and other third-party data may be inaccurate or out of date.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$899,000
Annual Taxes$8,431

Parking

Garage0
Off-Street7

Interior Specifications

Total Rooms18
FireplacesNone
Flooring--
BasementUnfinished

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationOther
ZoningRG-5

Property & Lot

Acres0.15
SqFt Lot6,510
Lot FeaturesOther

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Ethan Lazar

Listing Office: Horvath & Tremblay

MLS® Number: 73579466