Split-Style Two-Family
40 Brooks St Worcester, MA 01606
40 Brooks St, Worcester, MA, 01606
$599,999
For Sale
$599,999
Two-family duplex with kitchen and bath upgrades, offering flexible rental or owner-occupied use.
Property Size3,060 SF
Price / SF$196.08
Days on Market20
Property Features for 40 Brooks St
General Information
- Standard status
- Active
- Size
- 3,060 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1973
Listing agency
Coldwell Banker Realty - Worcester
(508) 243-8118
Listed by
Dan Robertson
(508) 243-8118
Source
Alliancepartnersre
Added: Jul 4 Updated: Jul 22 at 1:41AM Checked: Jul 22 at 5:44AM
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 Coldwell Banker Realty - Worcester
Investment Insights
Based on property information with market context.
This two-family duplex features a split-style layout and recent upgrades to the kitchen and baths. The property is set up for either rental use or owner occupancy, providing flexibility for prospective buyers.
The duplex is located in the Greendale section of Worcester, with convenient access to the highway and also to West Boylston St. The property also has views of a city park across the street.
Overall, this is a well-suited residential income property with updated interiors and a practical two-unit configuration.
The duplex is located in the Greendale section of Worcester, with convenient access to the highway and also to West Boylston St. The property also has views of a city park across the street.
Overall, this is a well-suited residential income property with updated interiors and a practical two-unit configuration.
Key Highlights
- Two‑family duplex in the Greendale section of Worcester
- Year built: 1973
- Kitchen and bath upgrades
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 | $67.9k | $22.20 |
| − Vacancy | −$3.7k | −$1.22 |
| EGI | $64.2k | $20.98 |
| − OpEx | −$19.3k | −$6.29 |
| NOI | $44.9k | $14.69 |
3,060 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$642.0K
$561.7K – $749.0K
NOI $44,937 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$589.3K
$515.6K – $687.5K
NOI $41,250 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.02M
$893.7K – $1.19M
NOI $71,495 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family duplex with kitchen and bath upgrades, offering flexible rental or owner-occupied use.
Where is this duplex located?
The property is located at 40 Brooks St Worcester, MA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Two‑family duplex in the Greendale section of Worcester; Year built: 1973; Kitchen and bath upgrades
