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4 Howland Terrace, Worcester MA 01602

$450,000

Estimated $1,076/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $225,000

Total Rent: 39000/year

Estimated CAP Rate:

3 Bedrooms

Baths

1560

Total Parking: 0

2,613 (0.06)

Exceptional West Side two-family opportunity with both units delivered vacant at closing—a rare find for owner-occupants, investors, or multi-generational living. Set your own rents, offset your mortgage, or add a strong asset to your portfolio. The property has seen numerous updates including renovated kitchens and bathrooms, updated cabinetry, granite countertops, backsplash, updated flooring, and efficient Mitsubishi mini-split heating/cooling systems. Both units being vacant creates immediate flexibility for occupancy, rental income, or future improvements. Conveniently located near Worcester’s hospitals, universities, parks, shopping, restaurants, and major commuter routes. A fantastic opportunity to own a versatile multi-family in one of Worcester’s most desirable West Side locations.

This home has been viewed 22 times

Last Checked: June 5th, 2026 at 5:03am (Source: MLS PIN #73519049)

Gross Income: $39,000

Gross Expenses: $4,154

Net Income Calc: $34,846

Water Views

Annual Expenses for 4 Howland Terrace, Worcester MA 01602

Total Gross Expenses (Calculated)$4,154/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4154

Annual Income & Unit Breakdown for 4 Howland Terrace, Worcester MA 01602

Total Gross Income (Calculated)$39,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 4 Howland Terrace, Worcester MA 01602

Listing ID73519049

Property TypeMulti Family

Price450000 ($288.46/SqFt)

StyleMulti Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total1560

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built1960

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRL-7

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 4 Howland Terrace, Worcester MA 01602

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Fridge

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 4 Howland Terrace, Worcester MA 01602

Real Estate Taxes4154

Tax Year2025

Assessed Value$308,400

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 4 Howland Terrace, Worcester MA 01602

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 4 Howland Terrace, Worcester MA 01602

Agent

Name: Sophia Gibbs

Office

Name: Gibbs Realty Inc.

Phone: 508-886-6100

Payment Calculator

, Interest

Property Taxes 346.17

Principal & Interest 2772.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibbs Realty Inc.

Sophia Gibbs

Agent Phone

Office Phone

(508) 886-6100

Text Agent Call Agent Call Office

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EXIT

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