Two-Unit Duplex for
21 Mott St Worcester, MA 01604
21 Mott St, Worcester, MA, 01604
$374,000
Pending
For Sale
$374,000
Pending
Duplex with two units, each with separate utilities, plus an unfinished basement for storage or future expansion.
Property Size1,576 SF
Lot Size0.07 Acres
Days on Market91
Property Features for 21 Mott St
General Information
- Standard status
- Pending
- Size
- 1,576 SF
- Lot size
- 0.07 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing agency
Dorrance Realty LLC
(203) 718-3305
Listed by
Adam Devine · License #SBR005064
(203) 718-3305
Source
Elliman
Added: Apr 24 Updated: Jul 21 at 2:01PM Checked: Jul 23 at 5:13AM
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 Dorrance Realty LLC
Investment Insights
Based on property information with market context.
This two-family duplex provides two separate units configured with separate utilities, supporting straightforward day-to-day management for an investor or owner-occupant. The property includes a total of 5 bedrooms and 2 full baths across the living space, along with a 738 sq ft unfinished basement that can be used for storage or considered for future expansion. A transferable solar system is also included.
The home is located in Worcester County with walkability ratings indicating it is very walkable. Bike and transit scores are described as somewhat bikeable and some transit, respectively.
The lot is 0.068 acres and the duplex configuration makes it suitable for buyers looking for a residential income property with independent utility setups for each unit.
The home is located in Worcester County with walkability ratings indicating it is very walkable. Bike and transit scores are described as somewhat bikeable and some transit, respectively.
The lot is 0.068 acres and the duplex configuration makes it suitable for buyers looking for a residential income property with independent utility setups for each unit.
Key Highlights
- 1900‑built 2‑family duplex with 1,576 sq ft of living space
- 5 bedrooms and 2 full baths across two units
- Each unit has separate utilities for simpler management
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 | $35.0k | $22.20 |
| − Vacancy | −$1.9k | −$1.22 |
| EGI | $33.1k | $20.98 |
| − OpEx | −$9.9k | −$6.29 |
| NOI | $23.1k | $14.69 |
1,576 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$330.6K
$289.3K – $385.7K
NOI $23,144 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$303.5K
$265.6K – $354.1K
NOI $21,245 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$526.0K
$460.3K – $613.7K
NOI $36,822 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with two units, each with separate utilities, plus an unfinished basement for storage or future expansion.
Where is this duplex located?
The property is located at 21 Mott St Worcester, MA.
What is the asking price?
The asking price for this property is $374,000.
What are key features of this property?
This property features: 1900‑built 2‑family duplex with 1,576 sq ft of living space; 5 bedrooms and 2 full baths across two units; Each unit has separate utilities for simpler management
