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Two-Family Duplex with Parking
For Sale
$575,000
Pending

16 Dartmouth St, Worcester, MA 01604

Residential Income, Worcester, MA

Property Size2,422 SF
Lot Size0.14 Acres
Days on Market50

Property Features for 16 Dartmouth St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RG-5
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Parking 4
Directions Plantation to Dartmouth St
Standard status Pending
APN M:18 B:010 L:00015,1780291
Size 2,422 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7029

Amenities

fenced-in yard
laundry area/closet

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Listing Agency: RE/MAX Vision · RE/MAX International
Listed By: Jeff Burk · License #9035530
Added: Aug 17 Changed: Oct 3 Last Checked: Oct 5 at 1:06PM
MLS# 73564779

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.

This Worcester duplex contains 2,422 square feet across two residential units, with each unit configured with 3 bedrooms, large living and dining rooms, and an eat-in kitchen with extensive cabinetry. Laundry areas, replacement windows, updated water heaters, and a walk-up to the third floor add practical functionality. A new roof is scheduled for installation before closing.

The property occupies 0.1377 acres at 16 Dartmouth St in Worcester and includes a fenced yard plus off-street parking for 4 cars. Built in 1900, the property is identified as RG-5 zoning. Access to I-290, I-495, Route 146, Route 20, and the Mass Pike is noted in the property information.

Key Highlights

  • 2,422 SF duplex with two residential units
  • Each unit includes 3 bedrooms
  • Off‑street parking for 4 cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,568
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,360 $711.4K
Cap Rate 7%
$508,114 $508.1K
Cap Rate 9%
$395,200 $395.2K
Market Conditions
NOI Build-Up for 2,422 SF
Gross rent
$53.8K $22.20/SF
− Vacancy
−$3.0K −$1.22/SF
EGI
$50.8K $20.98/SF
− OpEx
−$15.2K −$6.29/SF
NOI
$35.6K $14.69/SF
Area
Worcester, MA
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,360
Cap Rate 7%
$508,114
Cap Rate 9%
$395,200

Alternative Uses

Best Use
Multifamily LT 5
$508.1K
$444.6K – $592.8K (±1% cap)
NOI $35,568 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$466.4K
$408.1K – $544.2K (±1% cap)
NOI $32,650 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$808.4K
$707.4K – $943.2K (±1% cap)
NOI $56,589 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Law Firm Catering Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

Demographics for 01604, MA

41,301
Population
18,166
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
86%
High-School Grad
6.6 sq mi
ZIP Area
6,258
Density / Sq Mi
$72,911
Median Household Income
$45,596
Median Earnings
$1,570
Median Rent
$321,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer spacious living areas, eat-in kitchens, laundry space, replacement windows, and a fenced yard.
Where is this duplex located?
The property is located at 16 Dartmouth St Worcester, MA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,422 SF duplex with two residential units; Each unit includes 3 bedrooms; Off‑street parking for 4 cars
More about this property
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