Two-Unit Duplex with
For Sale
$425,000
Pending
17 Hunnewell Rd, Worcester, MA 01606
Residential Income, Worcester, MA
Property Size1,852 SF
Lot Size0.13 Acres
Days on Market94
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Property Features for 17 Hunnewell Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RS-7
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
Parking
4
Directions
Corner of Hunnewell & Radcliff
Standard status
Pending
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
Amenities
Window Seats
Natural Woodwork
Hardwood Flooring
Ample Closet Space
French Doors
Building Details
Year built
1923
Floors in Building
2
Number of units
2
Listing Agency:
RE/MAX Vision · RE/MAX International
(508) 595-9900
Listed By:
Jeff Burk · License #9035530
(508) 826-3301
Added: Jul 14
Changed: Oct 5
Last Checked: Oct 15 at 2:06PM
MLS# 73549554
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.
Located at 17 Hunnewell Rd in Worcester, this duplex offers 1,852 square feet across two floors. The 1923 property includes hardwood flooring, natural woodwork, window seats, French doors, and generous closet space. The units provide layouts with either a second bedroom or dining room. A walk-up third floor adds storage and is identified as a possible future expansion area.
Recent improvements include an updated roof and heating system. The property also has a large driveway with parking for 4-5 cars. RS-7 zoning applies, and the location provides access to Rte 290, 190, and the Massachusetts Turnpike.
Recent improvements include an updated roof and heating system. The property also has a large driveway with parking for 4-5 cars. RS-7 zoning applies, and the location provides access to Rte 290, 190, and the Massachusetts Turnpike.
Key Highlights
- Duplex with 1,852 square feet of building area
- Built in 1923 with natural woodwork, window seats, French doors, and hardwood flooring
- Walk‑up third floor provides storage and possible future expansion space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,197
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,940
$543.9K
Cap Rate 7%
$388,529
$388.5K
Cap Rate 9%
$302,189
$302.2K
Market Conditions
NOI Build-Up for 1,852 SF
Gross rent
$41.1K $22.20/SF
− Vacancy
−$2.3K −$1.22/SF
EGI
$38.9K $20.98/SF
− OpEx
−$11.7K −$6.29/SF
NOI
$27.2K $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%
$543,940
Cap Rate 7%
$388,529
Cap Rate 9%
$302,189
Alternative Uses
Best Use
Multifamily LT 5
$388.5K
$340.0K – $453.3K
NOI $27,197 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$356.7K
$312.1K – $416.1K
NOI $24,966 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$618.2K
$540.9K – $721.2K
NOI $43,271 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
Demographics for 01606, MA
21,651
Population
9,427
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
90%
High-School Grad
6.0 sq mi
ZIP Area
3,609
Density / Sq Mi
$92,537
Median Household Income
$55,931
Median Earnings
$1,615
Median Rent
$343,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property features hardwood floors, a walk-up third level, and convenient access to major regional routes.
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 $425,000.
What are key features of this property?
This property features: Duplex with 1,852 square feet of building area; Built in 1923 with natural woodwork, window seats, French doors, and hardwood flooring; Walk‑up third floor provides storage and possible future expansion space
