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121 Hope Ave, Worcester MA 01603

$699,900

Estimated $1,729/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,950

Total Rent: 27600/year

Estimated CAP Rate:

6 Bedrooms

Baths

2352

Total Parking: 14 (2 Garage)

7,750 (0.18)

Great opportunity for owner-occupants or investors! This well-maintained property offers strong income potential and great flexibility. Major exterior updates have already been completed, including a new roof, new siding, and fresh paint. Enjoy a beautiful lake-view porch, a walk-out basement with additional potential, and a 2-car garage for added convenience and value. Whether you’re looking to live in one unit while generating rental income or add to your investment portfolio, this property is a true money maker in a desirable location near local amenities, major routes, and more.

This home has been viewed 8 times

Last Checked: June 21st, 2026 at 5:08pm (Source: MLS PIN #73522078)

Gross Income: $27,600

Gross Expenses: $7,126

Net Income Calc: $20,474

Waterfront

Water Views

Annual Expenses for 121 Hope Ave, Worcester MA 01603

Total Gross Expenses (Calculated)$7,126/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7126

Annual Income & Unit Breakdown for 121 Hope Ave, Worcester MA 01603

Total Gross Income (Calculated)$27,600

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 121 Hope Ave, Worcester MA 01603

Listing ID73522078

Property TypeMulti Family

Price699900 ($297.58/SqFt)

StyleMulti Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2352

Approximate Lot Size (Acres)0.18

Total Parking14 (2 Garage)

Garage Parking2

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRS-7

Water ViewsYes

Water Views FeaturesBay

Waterfront1

Waterfront FeaturesRiver

Terms

Disclosures for 121 Hope Ave, Worcester MA 01603

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsChicken Run

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 121 Hope Ave, Worcester MA 01603

Real Estate Taxes7126

Tax Year2025

Assessed Value$540,261

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 121 Hope Ave, Worcester MA 01603

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 121 Hope Ave, Worcester MA 01603

Agent

Name: Jhenny Sanchez

Office

Name: eXp Realty

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 593.83

Principal & Interest 4312.56

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Jhenny Sanchez

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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EXIT

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