Duplex with Finished
15-17 Willow St Worcester, MA 01603
For Sale
$675,000
Pending
MULTI_FAMILY - Worcester, MA
Property Size2,992 SF
Lot Size0.35 Acres
Days on Market39
Property Features for 15-17 Willow St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RL-7
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3
- Parking
- 7
- Fireplace
- 1
- Standard status
- Pending
- APN
- M:14 B:011 L:12+13
- Size
- 2,992 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8120
Building Details
- Year built
- 1988
- Floors in Building
- 4
- Number of units
- 2
Listing Agency:
Keller Williams Pinnacle Central
(508) 754-3020
Listed By:
Sarah Gustafson
(508) 754-3020
Added: Jun 17
Changed: Jul 9
Last Checked: Jul 25 at 12:06AM
MLS# 73537893
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
15 and 17 Willow Street is a duplex in Worcester offering nearly 3,000 square feet of living space, including finished basement area. The home provides 5 bedrooms and 2.5 baths, with the flexibility to be configured as a 6+ bedroom setup for accommodating guests or supporting different household arrangements.
The property includes a 2-car garage outfitted with an automotive lift and an air compressor. It also features efficient mini split air conditioning units. The addition includes leased solar panels, and the property has the ability to connect a generator. The duplex is located on a dead-end street, directly behind the Clark University-owned Hadwen Arboretum.
For buyers seeking a residential income property with room to adapt, this duplex offers a practical combination of additional finished space and configurable sleeping capacity. The garage improvements and project-ready setup make it particularly relevant for owner-occupants or tenants who value on-site work space. Solar panel and generator connectivity are also key considerations for buyers evaluating the property’s ongoing systems and utility approach.
The property includes a 2-car garage outfitted with an automotive lift and an air compressor. It also features efficient mini split air conditioning units. The addition includes leased solar panels, and the property has the ability to connect a generator. The duplex is located on a dead-end street, directly behind the Clark University-owned Hadwen Arboretum.
For buyers seeking a residential income property with room to adapt, this duplex offers a practical combination of additional finished space and configurable sleeping capacity. The garage improvements and project-ready setup make it particularly relevant for owner-occupants or tenants who value on-site work space. Solar panel and generator connectivity are also key considerations for buyers evaluating the property’s ongoing systems and utility approach.
Key Highlights
- Spacious Worcester duplex with nearly 3,000 SF of living space plus finished basement space
- 5 bedrooms and 2.5 baths, with ability to be configured as 6+ bedrooms for flexible living or guest space
- 2‑car garage with automotive lift and air compressor
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.4k | $22.20 |
| − Vacancy | −$3.7k | −$1.22 |
| EGI | $62.8k | $20.98 |
| − OpEx | −$18.8k | −$6.29 |
| NOI | $43.9k | $14.69 |
2,992 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$627.7K
$549.2K – $732.3K
NOI $43,938 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$576.2K
$504.2K – $672.2K
NOI $40,334 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$998.7K
$873.8K – $1.17M
NOI $69,907 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Spacious Worcester duplex with flexible bedroom layout, finished basement space, and a 2-car garage with lift.
Where is this duplex located?
The property is located at 15-17 Willow St Worcester, MA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Spacious Worcester duplex with nearly 3,000 SF of living space plus finished basement space; 5 bedrooms and 2.5 baths, with ability to be configured as 6+ bedrooms for flexible living or guest space; 2‑car garage with automotive lift and air compressor
