Duplex with Walk-Up Third
17 Hunnewell Rd Worcester, MA 01606
New
17 Hunnewell Rd, Worcester, MA, 01606
$469,900
For Sale
$469,900
Duplex offers hardwood floors, window seats, and a walk-up third floor for expansion or storage, plus parking for 4–5 cars.
Property Size1,852 SF
Price / SF$253.73
Days on Market2
Property Features for 17 Hunnewell Rd
General Information
- Standard status
- Active
- Size
- 1,852 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1923
Listing agency
RE/MAX Vision
(508) 439-3002
Listed by
Colleen Griffin · License #9063104
(508) 439-3002
Source
Alliancepartnersre
Added: Jul 20 Updated: Jul 21 at 5:35AM Checked: Jul 21 at 5:35AM
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 RE/MAX Vision
Investment Insights
Based on property information with market context.
This duplex features old-world details including window seats and natural woodwork, along with hardwood flooring throughout both floors. Interiors include ample closet space and French doors, and the units are configured with a second bedroom or dining room. A walk-up third floor provides space that may support future expansion or additional storage. Updates include a roof and heating, and the property includes a large driveway with parking for approximately 4–5 cars.
Access is supported by quick routes to Rte 290, Rte 190, and Ma Pike, providing convenient commuter connectivity.
The property presents a two-unit setup with additional vertical space and updated major systems, suitable for a buyer considering cash or a rehab loan.
Access is supported by quick routes to Rte 290, Rte 190, and Ma Pike, providing convenient commuter connectivity.
The property presents a two-unit setup with additional vertical space and updated major systems, suitable for a buyer considering cash or a rehab loan.
Key Highlights
- 1923‑built duplex with old‑world features including window seats and natural woodwork
- Hardwood flooring throughout both floors
- Walk‑up third floor offers possible future expansion or additional storage
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 | $41.1k | $22.20 |
| − Vacancy | −$2.3k | −$1.22 |
| EGI | $38.9k | $20.98 |
| − OpEx | −$11.7k | −$6.29 |
| NOI | $27.2k | $14.69 |
1,852 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$388.5K
$340.0K – $453.3K
NOI $27,197 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$356.7K
$312.1K – $416.1K
NOI $24,966 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$618.2K
$540.9K – $721.2K
NOI $43,271 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offers hardwood floors, window seats, and a walk-up third floor for expansion or storage, plus parking for 4–5 cars.
Where is this duplex located?
The property is located at 17 Hunnewell Rd Worcester, MA.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: 1923‑built duplex with old‑world features including window seats and natural woodwork; Hardwood flooring throughout both floors; Walk‑up third floor offers possible future expansion or additional storage
