Presenting an exceptional opportunity for first-time homebuyers and investors: a fully renovated two-family residence ideally suited for owner occupancy with rental income potential, or as a turnkey investment property. Located in a prime area with convenient access to Route 290, this home offers exceptional value. The first-floor unit features two generously sized bedrooms, a spacious kitchen and living room, 2 mini-splits, laundry hookup and access to a fully insulated basement with foam insulation. The second-floor unit offers a charming one-bedroom layout. Both units are equipped with energy-efficient mini-split systems for heating and cooling. Recent upgrades include brand-new electrical and plumbing systems, newer windows, plank flooring, new water heater and new roof. Additional amenities include off-street parking for up to six vehicles and a private backyard, ideal for outdoor entertaining.The first showing will be on Sunday, July 13th, 12-2 pm.
This home has been viewed 27 times
Last Checked: July 5th, 2025 at 5:58am (Source: MLS PIN #73396642)
Gross Income: $42,000
Gross Expenses: $4,427
Net Income Calc: $37,573
CAP Rate: 7.09%
Annual Expenses for 94 Massasoit Rd, Worcester MA 01604
Total Gross Expenses (Calculated)$4,427/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,427
Annual Income & Unit Breakdown for 94 Massasoit Rd, Worcester MA 01604
Total Gross Income (Calculated)$42,000
Unit 1
Rental Income$2,000
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 94 Massasoit Rd, Worcester MA 01604
Listing ID73396642
Property TypeMulti Family / 2 Family
Price$529,900 ($396.63/SqFt)
Style2 Family - 2 Units Up/down
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total1,336 SqFt
Approximate Lot Size (Acres)0.16 acres
Total Parking6
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area0
Foundation DescriptionStone
Accessible Features
Outdoor SpaceEnclosed
ZoningRS-7
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 94 Massasoit Rd, Worcester MA 01604
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$42,000
Total Net Income By Broker$42,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 94 Massasoit Rd, Worcester MA 01604
Real Estate Taxes$4,427
Tax Year1900
Assessed Value
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$42,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$42,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.09%
Location Information for 94 Massasoit Rd, Worcester MA 01604
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Shopping, Medical Facility, Laundromat, Public Transportation
Contact Information for 94 Massasoit Rd, Worcester MA 01604