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Side-by-Side Duplex
New
For Sale
$524,995

20 Wyola Dr, Worcester, MA 01603

Each residence has its own utility meter, basement storage area, and enclosed front porch.

Property Size1,900 SF
Lot Size0.17 Acres
Price / SF$248.58
Days on Market3

Property Features for 20 Wyola Dr

General Information

Standard status Active
Size 1,900 SF
Lot size 0.17 Acres
Property subtype 2 Family - 2 Units Side by Side
Lease Term Listing ID: 73598072, Standard Status: Active, MLS Status: New, Property Subtype: 2 Family - 2 Units Side by Side, Rent Includes: Unit 1(None), Unit 2(None)

Site & Location

Neighborhood Mill Street Neighborhood Watch
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Amenities

enclosed front porch
private basement

Building Details

Building Size 1,900 SF
Year Built 1900
Buildings 1
Stories 2
Listing Agency: eXp Realty LLC
Listed By: Candor Investment Group
Source: Iverty
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 4 at 1:55PM

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 eXp Realty LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This side-by-side duplex contains two residences, each with three bedrooms and one bathroom arranged across two floors. The 2,112-square-foot property has updated kitchens with new cabinets, counters, and appliances, along with hardwood flooring and fresh interior paint. Each unit also has a private basement and an enclosed front porch. A detached two-car garage and driveway provide off-street parking. The building dates to 1900 and sits on an approximately 7,500-square-foot lot.

Key Highlights

  • Two units, each with 3 bedrooms and 1 bathroom
  • 2,112 square feet across the duplex
  • Detached 2‑car garage and driveway parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,015
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,300 $620.3K
Cap Rate 7%
$443,071 $443.1K
Cap Rate 9%
$344,611 $344.6K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$46.9K $22.20/SF
− Vacancy
−$2.6K −$1.22/SF
EGI
$44.3K $20.98/SF
− OpEx
−$13.3K −$6.29/SF
NOI
$31.0K $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%
$620,300
Cap Rate 7%
$443,071
Cap Rate 9%
$344,611

Alternative Uses

Best Use
Multifamily LT 5
$443.1K
$387.7K – $516.9K (±1% cap)
NOI $31,015 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$406.7K
$355.9K – $474.5K (±1% cap)
NOI $28,471 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$704.9K
$616.8K – $822.4K (±1% cap)
NOI $49,346 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 01603, MA

22,417
Population
8,504
Households
2.6
Avg Household Size
36
Median Age
24%
College-Educated
83%
High-School Grad
4.5 sq mi
ZIP Area
4,982
Density / Sq Mi
$63,646
Median Household Income
$40,403
Median Earnings
$1,339
Median Rent
$287,800
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

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has its own utility meter, basement storage area, and enclosed front porch.
Where is this duplex located?
The property is located at 20 Wyola Dr Worcester, MA.
What is the asking price?
The asking price for this property is $524,995.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 bathroom; 2,112 square feet across the duplex; Detached 2‑car garage and driveway parking
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Includes: Price & PSF · Cap rate · Location · Zoning

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