21 Dorothy Ave Worcester, MA 01606
MULTI_FAMILY - Worcester, MA
Property Features for 21 Dorothy Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RL-7
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2
- Parking
- 2
- Standard status
- Active
- APN
- 1774713
- Size
- 2,404 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5967
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 2
Listing agent Jeff Burk License #453001487 (508) 595-9900
Listing office RE/MAX Vision 25 Union Street, Worcester, MA (508) 595-9900
Listing date Jun 17, 2026
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Investment Insights
Based on property information with market context.
Set on a peaceful garden setting, the property is surrounded by a wall and landscaped with perennials. It is represented as easy to show.
Zoned RL-7, the residence provides a straightforward income-property structure for buyers seeking multi-family ownership. The home’s overall configuration combines well-kept exterior improvements with interior flexibility through the attic area.
Key Highlights
- 1915‑built multi‑family home with 2,404 sq ft of living space
- 4 bedrooms total across the residence
- Walk‑up attic provides possible room for expansion
Local 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 | $53.4k | $22.20 |
| − Vacancy | −$2.9k | −$1.22 |
| EGI | $50.4k | $20.98 |
| − OpEx | −$15.1k | −$6.29 |
| NOI | $35.3k | $14.69 |
