Remodeled Two-Family
14 Cutler St Worcester, MA 01604
New
14 Cutler St, Worcester, MA, 01604
$699,900
For Sale
$699,900
Turnkey two-unit residence with separate utilities, updated kitchens and baths, and multiple bedrooms across both units.
Property Size2,775 SF
Price / SF$252.22
Days on Market3
Property Features for 14 Cutler St
General Information
- Standard status
- Active
- Size
- 2,775 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1890
Listing agency
Realty Solutions Inc.
(978) 804-4120
Listed by
Silvana Silva
(978) 804-4120
Source
Alliancepartnersre
Added: Jul 19 Updated: Jul 20 at 3:57AM Checked: Jul 20 at 3:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Solutions Inc.
Investment Insights
Based on property information with market context.
This remodeled two-family home is move-in ready and features a spacious layout with plenty of bedroom space. The first unit offers 3 bedrooms, while the second unit includes 5 bedrooms. Both units have been updated with refreshed interiors, including updated kitchens with countertops and stainless steel appliances, and beautifully renewed bathrooms.
The property also includes updated electrical and plumbing systems, along with a new sewer line and a new gas line. Outside, there is a generously sized deck overlooking a large backyard.
Located at 14 Cutler St in Worcester, MA, the home is convenient to shopping, dining, local amenities, and major routes, supporting everyday accessibility for residents.
The property also includes updated electrical and plumbing systems, along with a new sewer line and a new gas line. Outside, there is a generously sized deck overlooking a large backyard.
Located at 14 Cutler St in Worcester, MA, the home is convenient to shopping, dining, local amenities, and major routes, supporting everyday accessibility for residents.
Key Highlights
- Remodeled two‑family home built in 1890 with updated interiors and move‑in ready convenience
- Each unit includes renovated kitchens with countertops and stainless steel appliances
- Bathrooms have been refreshed in both units
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 | $61.6k | $22.20 |
| − Vacancy | −$3.4k | −$1.22 |
| EGI | $58.2k | $20.98 |
| − OpEx | −$17.5k | −$6.29 |
| NOI | $40.8k | $14.69 |
2,775 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$582.2K
$509.4K – $679.2K
NOI $40,752 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$534.4K
$467.6K – $623.5K
NOI $37,408 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$926.2K
$810.5K – $1.08M
NOI $64,836 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey two-unit residence with separate utilities, updated kitchens and baths, and multiple bedrooms across both units.
Where is this duplex located?
The property is located at 14 Cutler St Worcester, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Remodeled two‑family home built in 1890 with updated interiors and move‑in ready convenience; Each unit includes renovated kitchens with countertops and stainless steel appliances; Bathrooms have been refreshed in both units
