
3 Chatanika Ave Worcester — Photo 1 of 36
$354,900
Investment Analysis — 3 Chatanika Ave
Worcester, MA 01602 — Tatnuck
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01602 carries an estimated $2,240/mo in gross rent — about a 4.65% cap rate and $16,509/yr in estimated NOI at the $354,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
872
Style
Single Family
Built
1952
Nestled in a highly desirable neighborhood near Tatnuck Country Club and Cascades Park, this charming two-bedroom ranch offers the perfect blend of comfort, convenience, and classic style. Step inside to find a single-level layout highlighted by beautiful hardwood floors throughout the main living areas along with a built-in china cabinet. The kitchen features granite countertops, tile backsplash and ceramic tile flooring. The LR/DR combo has a new mini-split for cooling and heating. Just off the main living space is a three-season sunporch. The full bath has been nicely updated with pedestal sink. The property also features a convenient drive-under garage, providing secure parking and storage with access to the basement. The basement has high ceilings and presents an opportunity for potential expansion to finish, a home office, family room or a personal gym. Off the kitchen there’s a low-profile wooden deck for your enjoyment overlooking a nicely landscaped yard with shed and partially fenced . Put out a bird feeder and watch the songbirds come! This home would be a great condo alternative offering low cost utilities.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 436 sq ft (the lesser of 900 sq ft or half the 872 sq ft principal dwelling). Lot size: 4,800 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 12
Flooring - Hardwood
Dining Room
Lvl First10 x 9
Flooring - Hardwood
Kitchen
Lvl First8 x 12
Ceiling Fan(s), Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Primary Bedroom
Lvl First12 x 11
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl First11 x 10
Listing Agent: Kimberley Kaufman
Listing Office: Harbor View Real Estate Corp.
MLS® Number: 73573913