
49.5-51 Ellsworth St Worcester — Photo 1 of 19
$650,000
Investment Analysis — 49.5-51 Ellsworth St
Worcester, MA 01610
Based on rent reported on the MLS listing, a 3-unit multi-family in 01610 carries $5,400/mo in gross rent — about a 6.56% cap rate and $42,650/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
3,000
Style
3 Family
Built
1910
Rare opportunity to own a well-maintained three-family property with an additional adjoining parcel in a convenient Worcester location! Each of the three units offers a similar and functional layout with two bedrooms, a spacious living room, an eat-in kitchen/dining area, and one full bathroom. Recent improvements include freshly painted interiors, new kitchen cabinets and appliances, and a newer rubber roof with a transferable warranty. Separate gas and electric meters provide added convenience, and Letters of Full Deleading Compliance are available for all three units. The property offers approximately 3,000 sq. ft. of total living area and an impressive 10 off-street parking spaces—a valuable feature for a multifamily home. The sale also includes the adjacent parcel at 51 Ellsworth Street, currently classified as undevelopable residential land, providing additional outdoor space and possibilities subject to municipal approval. Centrally located within approximately one mile of City Hall, Hanover Theatre, Union Station, Worcester Public Library, and Polar Park, with easy access to I-290, Route 146, Route 20, and the Mass Pike. An excellent opportunity for an investor or owner-occupant looking to build long-term value in the heart of Worcester. All three units are available for showings—schedule your appointment today!
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Fabilene Neves
Listing Office: Century 21 North East
MLS® Number: 73577955