94 North Main Street West Boylston — Photo 1 of 33
$849,900
Investment Analysis — 94 North Main Street
West Boylston, MA 01583
Based on rent reported on the MLS listing, a 3-unit multi-family in 01583 carries $5,875/mo in gross rent — about a 5.05% cap rate and $42,925/yr in estimated NOI at the $849,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
4,703
Style
3 Family
Built
1870
Opportunity awaits with this spacious 3-family in West Boylston offering over 4,700 sq ft of living space, plenty of off-street parking and loads of character throughout. Beautiful built-ins, hardwood flooring, original woodwork and a welcoming farmer’s porch add to the charm. The largest unit, Unit B, is currently vacant (listed rent is what last tenant was paying) and offers 3 bedrooms, 2.5 baths with the potential for a 4th bedroom, making it a great option for an owner-occupant or investor. Unit B’s heating system was replaced in 2016. Two additional occupied units include a 1-bedroom and 2-bedroom unit. Unit C is occupied by a long-term tenant with rent currently below market value. Conveniently located near major routes and area amenities with plenty of potential to make this property your own. Showings by group or open house only.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Trudy Risedorf
Listing Office: Coldwell Banker Realty - Worcester
MLS® Number: 73571654
