44 Ellsworth Street, Worcester, MA 01610
Functional garage with a 10-foot overhead door plus a studio apartment supports both work and rental or owner-occupant use.
- Added:
- Jun 5, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 8 at 1:42 am
Property Features for 44 Ellsworth Street
General Information
- Standard status
- Active
- Size
- 1,352 SF
Building Details
- Year Built
- 1998
Listing agent James Kalogeropoulos
Listing office RE/MAX Partners
Listing date Jun 5, 2026
Source 413realestate
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 RE/MAX Partners
HighLights
- 1998‑built two‑unit property with a functional garage and a one‑bedroom studio apartment on the second level
- Garage has a 10‑foot overhead door and man door access, with 200‑amp electrical service
- Studio apartment features gas forced hot air heat
- Includes ample on‑site parking with a fenced‑in layout
- Two‑unit setup supports options for owner occupancy, office use, or rental income
Overview
The second level includes a studio apartment with gas forced hot air heat, offering flexibility for owner occupancy, a live/work setup, or rental use. The configuration supports a straightforward separation between the ground-floor garage area and the residential unit above.
For contractors, trades, or storage-focused users, the garage’s overhead door access and electrical capacity provide a ready-to-operate workspace. Investors and owner-users can also value the dual-income structure of garage space paired with a residential unit, with the option to occupy the studio while leveraging the garage as a separate utility for work or storage.
Local Financial Insights For Office B
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 | $36.5k | $27.00 |
| − Vacancy | −$6.6k | −$4.86 |
| EGI | $29.9k | $22.14 |
| − OpEx | −$7.5k | −$5.54 |
| NOI | $22.4k | $16.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8030717
- Latitude
- 42.2522314
