38-1/2 Bowdoin St Worcester, MA 01609

OFF-MARKET

Duplexes

Property ID

US38-Q004184

Built 1910

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Don’t miss this fantastic investment property in a highly convenient Worcester location! This well-maintained multi-family home offers strong rental income with low upkeep. First-floor unit: Spacious 3-bedroom layout. Second-floor unit: Features 2 bedrooms plus a versatile bonus room—perfect for a home office or extra storage. Ample closet and storage space in both units. Shared basement laundry for tenant convenience. Expansive attic space with potential for storage or future expansion. On-street parking and easy access to public transportation, with a bus line just steps away. Prime location near schools, shopping, and more! This is a rare chance to own a solid income-generating property in a sought-after area. Schedule your showing today! bikeScore: 47, Somewhat Bikeable walkScore: 86, Very Walkable transitScore: 52, Good Transit

Property type Duplexes

Year built 1910

UPID US38-Q004184

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

38-1/2 Bowdoin St Worcester, MA 01609

Worcester metro

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6 recent transactions · within 1.5 mi

Comparable in this City

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Restored Two-Family Corner Lot

Turn-key two-family property on a corner lot with two garages, fireplaces, hardwood floors, and leased student units.

34 Elbridge St, Worcester, MA 01609

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New

$1,050,000

4,900 SF

Four-Unit Multifamily Property

Two buildings contain four legally converted condominium units with updated interiors and varied bedroom layouts.

5.5 & 7 Winslow St, Worcester, MA 01609

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$910,000

Well-Maintained Three-Story Multifamily

Three-story multifamily with off-street rear-driveway parking and basement storage with mechanical access.

8 Pelham St, Worcester, MA 01609

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$1,650,000

0.17 Acres

Two Multifamily Buildings Near WPI

Two well-maintained three-unit buildings near WPI and Elm Park.

9-11 Dover St, Worcester, MA 01609

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$1,350,000

Renovated Apartment Building with Parking

Fourteen-bedroom, five-bath student housing property with permitted renovations, updated systems, and leased occupancy through Summer 2027.

188 Park Ave Aka 127 Institute Rd, Worcester, MA 01609

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New

$449,000

0.05 Acres

Worcester Multifamily Investment Opportunity

Well-maintained multifamily home in convenient location with strong rental income.

38-1/2 Bowdoin St, Worcester, MA 01609

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Similar Nearby for Sale

Contact for pricing

Restored Two-Family Corner Lot

Turn-key two-family property on a corner lot with two garages, fireplaces, hardwood floors, and leased student units.

34 Elbridge St, Worcester, MA 01609

View Details
New

$1,050,000

4,900 SF

Four-Unit Multifamily Property

Two buildings contain four legally converted condominium units with updated interiors and varied bedroom layouts.

5.5 & 7 Winslow St, Worcester, MA 01609

View Details
$910,000

Well-Maintained Three-Story Multifamily

Three-story multifamily with off-street rear-driveway parking and basement storage with mechanical access.

8 Pelham St, Worcester, MA 01609

View Details
$1,650,000

0.17 Acres

Two Multifamily Buildings Near WPI

Two well-maintained three-unit buildings near WPI and Elm Park.

9-11 Dover St, Worcester, MA 01609

View Details
$1,350,000

Renovated Apartment Building with Parking

Fourteen-bedroom, five-bath student housing property with permitted renovations, updated systems, and leased occupancy through Summer 2027.

188 Park Ave Aka 127 Institute Rd, Worcester, MA 01609

View Details
New

$449,000

0.05 Acres

Worcester Multifamily Investment Opportunity

Well-maintained multifamily home in convenient location with strong rental income.

38-1/2 Bowdoin St, Worcester, MA 01609

View Details

Similar Nearby for Lease

New

$1,749/Mo

1,300 sqft

Residential Income Apartment for Rent

Second-floor 3-bedroom apartment includes heat, hot water, sewer, and water in the rent.

50 Fruit St Unit 2, Worcester, MA 01609

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Contact for pricing
600 sqft

Professional Office Suites

Well-maintained office building offers two lease suites with modern finishes, natural light, and on-site parking.

50 Elm St, Worcester, MA 01609

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New

$850/Mo

Renovated Professional Office Suite

Move into a fully renovated second-floor suite with private office space, on-site parking, and shared conference facilities.

52 Highland St, Worcester, MA 01609

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$25 SF/Yr

Flexible Professional Office Suites

Flexible office suites with gross lease terms and ample off-street parking, with options for contiguous space.

10 Institute Road, Worcester, MA 01609

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New

Contact for pricing
10,000 sqft

Flexible Office Space with Gymnasium

Office layout combines private rooms, meeting facilities, adaptable work areas, and a multipurpose room.

6 Institute Road, Worcester, MA 01609

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$2,500/Mo

Built-Out Corner Restaurant

Restaurant space supports takeout, delivery, online ordering, and outdoor customer seating.

275 Park Ave, Worcester, MA 01609

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