Two-Unit Residential Income
5 Anna St Worcester, MA 01606
For Sale
$594,000
Duplex with two 2-bedroom, 1-bath units near major routes and UMass Medical School.
Property Size2,464 SF
Price / SF$241.07
Days on Market58
Property Features for 5 Anna St
General Information
- Standard status
- Active
- Size
- 2,464 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1898
Listing Agency:
Coldwell Banker Realty - Marblehead
(978) 578-5013
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: May 28
Changed: Jul 23
Last Checked: Jul 23 at 7:54AM
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 - Marblehead
Investment Insights
Based on property information with market context.
This two-unit residential income property features two separate units, each offering two bedrooms and one full bath. The layout is well-suited for consistent occupancy, with both units providing comfortable living space.
The property is conveniently located near the UMass Medical School area and within reach of major routes, including I-290, I-90, Route 9, and Route 20, supporting straightforward commuter access. It is also positioned close to shopping, dining, and everyday conveniences.
Showings begin at the first open house. All information is from public records and the seller, and should be confirmed by buyers and buyers’ agents.
The property is conveniently located near the UMass Medical School area and within reach of major routes, including I-290, I-90, Route 9, and Route 20, supporting straightforward commuter access. It is also positioned close to shopping, dining, and everyday conveniences.
Showings begin at the first open house. All information is from public records and the seller, and should be confirmed by buyers and buyers’ agents.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bath units
- Year built: 1898
- Located near UMass Medical School
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 | $54.7k | $22.20 |
| − Vacancy | −$3.0k | −$1.22 |
| EGI | $51.7k | $20.98 |
| − OpEx | −$15.5k | −$6.29 |
| NOI | $36.2k | $14.69 |
2,464 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$516.9K
$452.3K – $603.1K
NOI $36,185 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$474.5K
$415.2K – $553.6K
NOI $33,216 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$822.4K
$719.6K – $959.5K
NOI $57,570 @ 7.0% cap · market cap 9.69%
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 - Duplex with two 2-bedroom, 1-bath units near major routes and UMass Medical School.
Where is this duplex located?
The property is located at 5 Anna St Worcester, MA.
What is the asking price?
The asking price for this property is $594,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units; Year built: 1898; Located near UMass Medical School
