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Residential Income Duplex with Driveway

17 Hunnewell Rd Worcester, MA 01606

New
17 Hunnewell Rd, Worcester, MA, 01606
$469,900
For Sale
Claim this Listing
$469,900

MULTI_FAMILY - Worcester, MA

Property Size1,852 SF
Lot Size0.13 Acres
Price / SF$253.73
AddedJul 14
Days on Market2
Last RefreshJul 15 at 9:06 pm

Property Features for 17 Hunnewell Rd

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RS-7
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3
Parking
4
Standard status
Active
APN
M:32 B:001 L:00022,1790333
Size
1,852 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3804

Building Details

Year built
1923
Floors in Building
2
Number of units
2

Listing agent Jeff Burk License #453001487

Listing office RE/MAX Vision 25 Union Street, Worcester, MA

Listing date Jul 14, 2026

MLS# 73549554 Listing URL

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 duplex residential income property presents an old-world interior with window seats and natural woodwork, along with hardwood flooring on both floors. The layout includes two bedrooms or a dining room within the units, and features French doors and ample closet space. A walk-up third floor provides additional space suitable for storage or potential future expansion. Recent improvements include an updated roof and heating system.

The property includes a large driveway with parking for 4–5 cars. It is positioned for commuter access with quick routes to Rte 290, Rte 190, and MA Pike.

The offering is listed under RS-7 zoning and includes a small lot size of 0.1287 acres, with a total property size of 1,852 square feet.

Key Highlights

  • Built in 1923 with old‑world features including window seats and natural woodwork
  • Hardwood flooring throughout both floors
  • French doors and ample closet space

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 (±1% cap)
NOI $27,197 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$356.7K
$312.1K – $416.1K (±1% cap)
NOI $24,966 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$618.2K
$540.9K – $721.2K (±1% cap)
NOI $43,271 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Electrical Service Kitchen & Bath Showroom Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Bakery Locksmith Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex offers hardwood floors, window seats, and a walk-up third floor for storage or potential expansion.
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: Built in 1923 with old‑world features including window seats and natural woodwork; Hardwood flooring throughout both floors; French doors and ample closet space
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