Updated Two-Family
35 Hadwen Ln Worcester, MA 01609
For Sale
$649,900
Pending
Turn-key two-family with spacious rooms, a large lot, and plenty of off-street parking, delivered vacant for occupancy.
Property Size2,383 SF
Days on Market110
Property Features for 35 Hadwen Ln
General Information
- Standard status
- Pending
- Size
- 2,383 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1935
Listing Agency:
Harrington Real Estate Advisors
(508) 328-4717
Listed By:
Pat Harrington
(508) 328-4717
Source:
Lockandkeyre
Added: Apr 6
Changed: Jul 23
Last Checked: Jul 23 at 5:22AM
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 Harrington Real Estate Advisors
Investment Insights
Based on property information with market context.
This updated, well-maintained two-family duplex offers spacious rooms in each unit and a turn-key setup for new ownership. The property is set on a large lot and includes ample off-street parking, supporting convenient day-to-day use.
The asset is located at 35 Hadwen Ln in Worcester, MA 01609. Both units will be delivered vacant, providing flexibility for an owner-occupant or an investor planning immediate updates or occupancy.
The offering is best suited for buyers seeking a larger two-family configuration with outdoor space and dedicated off-street parking, with the added benefit of vacant delivery at closing.
The asset is located at 35 Hadwen Ln in Worcester, MA 01609. Both units will be delivered vacant, providing flexibility for an owner-occupant or an investor planning immediate updates or occupancy.
The offering is best suited for buyers seeking a larger two-family configuration with outdoor space and dedicated off-street parking, with the added benefit of vacant delivery at closing.
Key Highlights
- Two‑family property built in 1935 with two spacious units
- Thoughtfully updated and well maintained
- Large lot with space for grilling
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 | $52.9k | $22.20 |
| − Vacancy | −$2.9k | −$1.22 |
| EGI | $50.0k | $20.98 |
| − OpEx | −$15.0k | −$6.29 |
| NOI | $35.0k | $14.69 |
2,383 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$499.9K
$437.4K – $583.3K
NOI $34,995 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$458.9K
$401.6K – $535.4K
NOI $32,124 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$795.4K
$696.0K – $928.0K
NOI $55,678 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Turn-key two-family with spacious rooms, a large lot, and plenty of off-street parking, delivered vacant for occupancy.
Where is this duplex located?
The property is located at 35 Hadwen Ln Worcester, MA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two‑family property built in 1935 with two spacious units; Thoughtfully updated and well maintained; Large lot with space for grilling
