Well-Maintained Duplex
For Sale
Under Contract
$595,000
21 Dorothy Ave, Worcester, MA 01606
MULTI_FAMILY - Worcester, MA
Property Size2,404 SF
Lot Size0.18 Acres
Price / SF$247.50
Days on Market47
Property Features for 21 Dorothy Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RL-7
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1
Parking
2
Directions
Burncoat street to 21 Dorothy ave
Standard status
Active Under Contract
APN
1774713
Size
2,404 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5967
Building Details
Year built
1915
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) 595-9900
Added: Jun 17
Changed: Aug 2
Last Checked: Aug 2 at 11:06PM
MLS# 73537695
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.
Well-maintained duplex residence featuring a recent roof, fresh exterior paint, and updated electric service. The property also includes a walk-up attic and a perennial garden.
Located at 21 Dorothy Ave in Worcester, MA 01606, in an RL-7 zoning district. The listing describes the home as a residential income property suitable for investors seeking rental income and long-term cash flow, or for an owner-occupant looking to help offset housing costs.
Located at 21 Dorothy Ave in Worcester, MA 01606, in an RL-7 zoning district. The listing describes the home as a residential income property suitable for investors seeking rental income and long-term cash flow, or for an owner-occupant looking to help offset housing costs.
Key Highlights
- Multi‑family residence built in 1915
- Burncoat Area property with 4 bedrooms and 2 bathrooms
- Recent roof
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 | $53.4k | $22.20 |
| − Vacancy | −$2.9k | −$1.22 |
| EGI | $50.4k | $20.98 |
| − OpEx | −$15.1k | −$6.29 |
| NOI | $35.3k | $14.69 |
2,404 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$504.3K
$441.3K – $588.4K
NOI $35,303 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$463.0K
$405.1K – $540.1K
NOI $32,407 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$802.4K
$702.1K – $936.1K
NOI $56,168 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
630
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with a recent roof, fresh exterior paint, updated electric, walk-up attic, and a perennial garden.
Where is this duplex located?
The property is located at 21 Dorothy Ave Worcester, MA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Multi‑family residence built in 1915; Burncoat Area property with 4 bedrooms and 2 bathrooms; Recent roof
