Two-Unit Victorian
For Sale
$749,500
46 Summer, Westborough, MA 01581
Residential Income, Westborough, MA
Property Size2,482 SF
Lot Size0.50 Acres
Price / SF$301.97
Days on Market38
Property Features for 46 Summer
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MF
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2
Parking
6
Directions
use GPS
Standard status
Active
APN
1734869
Size
2,482 SF
Lot size
0.50 Acres
Additional Details
Individually Metered Utilities
electricity, gas
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
10517
Building Details
Year built
1867
Floors in Building
3
Number of units
2
Buildings
1
Listing Agency:
REMAX Executive Realty · RE/MAX International
Listed By:
Bill Wright · License #5503
(508) 435-6700
Added: Sep 24
Changed: Oct 26
Last Checked: Oct 31 at 1:06PM
MLS# 73582270
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.
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Investment Insights
Based on property information with market context.
This 2,482-square-foot duplex contains two residences with distinct layouts. The first unit spans the main and upper floors, with three bedrooms, two full bathrooms, formal rooms, high ceilings, and Victorian-era details. The second-floor unit offers two bedrooms, a living room, an eat-in kitchen, and stack laundry. A 0.5-acre lot and a two-car garage are part of the property, with each unit entitled to use one garage side.
Built in 1867, the property has separate gas and electric utilities. It is zoned MF and located in Westborough, Massachusetts.
Built in 1867, the property has separate gas and electric utilities. It is zoned MF and located in Westborough, Massachusetts.
Key Highlights
- Two residences with separate gas and electric utilities
- 2,482 square feet on a 0.5‑acre lot
- First unit has three bedrooms, two full bathrooms, and a two‑level layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,551
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,020
$671.0K
Cap Rate 7%
$479,300
$479.3K
Cap Rate 9%
$372,789
$372.8K
Market Conditions
NOI Build-Up for 2,482 SF
Gross rent
$49.1K $19.80/SF
− Vacancy
−$1.2K −$0.49/SF
EGI
$47.9K $19.31/SF
− OpEx
−$14.4K −$5.79/SF
NOI
$33.6K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,020
Cap Rate 7%
$479,300
Cap Rate 9%
$372,789
Alternative Uses
Best Use
Multifamily LT 5
$479.3K
$419.4K – $559.2K
NOI $33,551 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$417.1K
$365.0K – $486.6K
NOI $29,198 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$847.6K
$741.6K – $988.8K
NOI $59,330 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
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Business Placement
Demographics for 01581, MA
21,567
Population
8,407
Households
2.6
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
20.6 sq mi
ZIP Area
1,047
Density / Sq Mi
$134,474
Median Household Income
$82,045
Median Earnings
$2,038
Median Rent
$637,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate gas and electric service supports independent utility billing for the two residences.
Where is this duplex located?
The property is located at 46 Summer Westborough, MA.
What is the asking price?
The asking price for this property is $749,500.
What are key features of this property?
This property features: Two residences with separate gas and electric utilities; 2,482 square feet on a 0.5‑acre lot; First unit has three bedrooms, two full bathrooms, and a two‑level layout
