Two-Family Corner Lot
51 Kingsbury St Worcester, MA 01610
51 Kingsbury St, Worcester, MA, 01610
$415,000
For Sale
$415,000
Duplex on a corner lot with replacement windows, newer doors, and a fenced yard, sold as-is.
Property Size1,967 SF
Price / SF$210.98
Days on Market96
Property Features for 51 Kingsbury St
General Information
- Standard status
- Active
- Size
- 1,967 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1890
Listing agency
William Raveis R.E. & Home Services
(774) 289-1087
Listed by
Jennifer Safford
(774) 289-1087
Source
Lockandkeyre
Added: Apr 18 Updated: Jul 22 at 3:09AM Checked: Jul 22 at 3:09AM
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 William Raveis R.E. & Home Services
Investment Insights
Based on property information with market context.
This two-family (duplex) home offers a straightforward investment or owner-occupied rehab opportunity. Updates include replacement windows and some newer doors, and the property includes a fenced yard.
The home is located close to Clark University and sits on a corner lot.
The property is being sold as-is, and prospective buyers should verify all details and conditions during their due diligence.
The home is located close to Clark University and sits on a corner lot.
The property is being sold as-is, and prospective buyers should verify all details and conditions during their due diligence.
Key Highlights
- Two‑family duplex built in 1890
- Corner lot with a fenced yard
- Replacement windows
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 | $43.7k | $22.20 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $41.3k | $20.98 |
| − OpEx | −$12.4k | −$6.29 |
| NOI | $28.9k | $14.69 |
1,967 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$412.7K
$361.1K – $481.4K
NOI $28,886 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$378.8K
$331.5K – $441.9K
NOI $26,516 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$656.5K
$574.5K – $766.0K
NOI $45,958 @ 7.0% cap · market cap 11.07%
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 - Duplex on a corner lot with replacement windows, newer doors, and a fenced yard, sold as-is.
Where is this duplex located?
The property is located at 51 Kingsbury St Worcester, MA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two‑family duplex built in 1890; Corner lot with a fenced yard; Replacement windows
