320 Hamilton St Worcester — Photo 1 of 17
$819,995
Investment Analysis — 320 Hamilton St
Worcester, MA 01604
Based on rent reported on the MLS listing, a 3-unit multi-family in 01604 carries $6,900/mo in gross rent — about a 6.54% cap rate and $53,666/yr in estimated NOI at the $819,995 list price. Adjust every assumption in the calculator below.
Beds
10
Baths
3
SqFt
4,527
Style
3 Family
Built
1915
Fully upgraded three-family property offering 10 bedrooms and 3 bathrooms across three units. Unit 2 is currently occupied at $2,000 per month, while Units 1 and 3 are vacant with pro forma rents of $2,300 and $2,600, for a combined pro forma total of $6,900 per month.Recent upgrades include three tankless water heating systems, a new heating system, newer plumbing and electrical, and a recently repointed basement. Each unit includes additional storage, and the property offers 6 off-street parking spaces plus coin-op laundry. All units have lead certifications in place. Utilities are separately metered, with tenants responsible for their own usage.Unit 1 offers 3 bedrooms, Unit 2 offers 3 bedrooms, and Unit 3 offers 4 bedrooms. Each unit includes a living room and kitchen, with a range and refrigerator. Water is included in each unit's rent. Buyer/buyer's agent to do their own due diligence. Units 1 & 3 are based on pro forma rents.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Geography
Listing Agent: Candor Investment Group
Listing Office: eXp Realty LLC
MLS® Number: 73577449