15+17 Willow St, Worcester, MA 01603
MULTI_FAMILY - Worcester, MA
- Added:
- Jun 17, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 17 at 10:06 pm
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 2, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 1
- Parking
- 7
- Fireplace
- 1
- Standard status
- Active
- 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 agent Sarah Gustafson (508) 754-3020
Listing office Keller Williams Pinnacle Central 67 Millbrook Street, Suite 422, Worcester, MA (508) 754-3020
Listing date Jun 17, 2026
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.
HighLights
- Spacious duplex built in 1988 with nearly 3,000 sq ft of living space plus finished basement space
- 5 bedrooms and 2.5 baths, with the layout offering the ability to be 6+ bedrooms
- 2‑car garage with an automotive lift and air compressor
- Addition includes mini split air conditioning units
- Back deck designed for easy conversion into an enclosed screen porch; addition set up for a future 2nd bathroom (plumbing needed)
- Solar panels for energy efficiency, with ability to connect a generator; located on a quiet dead‑end street behind Clark University’s Hadwen Arboretum
Overview
Outside, the home features a back deck designed for easy conversion into an enclosed screen porch. A garage for two vehicles is outfitted with an automotive lift and an air compressor, supporting projects and vehicle work at home. The addition is set up for a future second bathroom, requiring plumbing to complete. The property also includes solar panels for energy efficiency and offers the ability to connect a generator. It is located on a quiet dead-end street directly behind the Clark University owned Hadwen Arboretum, providing a more private setting.
This duplex can appeal to owner-occupants or buyers seeking a residence with adaptable bedroom capacity and practical on-site workspace amenities. With finished basement space, additional comfort from mini-splits, and the option for future bathroom completion, the configuration supports a range of household needs while keeping daily living centralized under one property structure.
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 | $66.4k | $22.20 |
| − Vacancy | −$3.7k | −$1.22 |
| EGI | $62.8k | $20.98 |
| − OpEx | −$18.8k | −$6.29 |
| NOI | $43.9k | $14.69 |
Alternative Uses
Current Use by Public Records
Map
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.833476
- Latitude
- 42.257126
