Duplex with Pool and Hot
For Sale
$599,000
51 Randall Street, Worcester, MA 01606
Two separate residences, off-street parking, and a fenced outdoor area with pool and hot tub support flexible ownership options.
Property Size1,612 SF
Price / SF$371.59
Days on Market43
Property Features for 51 Randall Street
General Information
Standard status
Active
Size
1,612 SF
Property subtype
Multi-family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Amenities
pool
hot tub
fenced yard
balcony/deck
patio
covered outdoor area
ceiling fans
programmable thermostats
propane fireplace
walk-in closet
attic storage
insulated windows and doors
off-street parking
Building Details
Year Built
2007
Listing Agency:
Lamacchia Realty,Inc.
Listed By:
Deanna Faucher
(781) 878-2478
Source:
Trufantre
Added: Aug 24
Changed: Oct 4
Last Checked: Oct 4 at 9:46AM
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 Lamacchia Realty,Inc.
Investment Insights
Based on property information with market context.
This 1,612-square-foot duplex, built in 2007, contains two separate residences in an up-and-down layout. The upper home occupies two levels and includes a dining area, solid-surface countertops, walk-in closet, storage, balcony or deck, and propane fireplace. The lower residence offers single-level living with hardwood and tile floors, a walk-in closet, storage, and its own propane fireplace. Both spaces include ceiling fans and programmable thermostats, while the insulated windows and doors add functional efficiency.
The property includes a fenced yard with an above-ground pool, hot tub, deck, patio, and covered outdoor area. A paved driveway provides off-street parking, and the insulated walk-up attic adds storage capacity. Located in Worcester’s Burncoat neighborhood, the duplex is near Quinsigamond Community College, public transportation, shopping, parks, and major highways.
The property includes a fenced yard with an above-ground pool, hot tub, deck, patio, and covered outdoor area. A paved driveway provides off-street parking, and the insulated walk-up attic adds storage capacity. Located in Worcester’s Burncoat neighborhood, the duplex is near Quinsigamond Community College, public transportation, shopping, parks, and major highways.
Key Highlights
- Two separate residences in an up‑and‑down duplex configuration
- 1,612 square feet; built in 2007
- Fenced yard with above‑ground pool, hot tub, deck, patio, and covered outdoor area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,673
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,460
$473.5K
Cap Rate 7%
$338,186
$338.2K
Cap Rate 9%
$263,033
$263.0K
Market Conditions
NOI Build-Up for 1,612 SF
Gross rent
$35.8K $22.20/SF
− Vacancy
−$2.0K −$1.22/SF
EGI
$33.8K $20.98/SF
− OpEx
−$10.1K −$6.29/SF
NOI
$23.7K $14.69/SF
Area
Worcester, MA
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,460
Cap Rate 7%
$338,186
Cap Rate 9%
$263,033
Alternative Uses
Best Use
Multifamily LT 5
$338.2K
$295.9K – $394.6K
NOI $23,673 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$310.4K
$271.6K – $362.2K
NOI $21,731 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$538.1K
$470.8K – $627.7K
NOI $37,664 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
480
Businesses Nearby
Explore this area
Business Placement
Demographics for 01606, MA
21,651
Population
9,427
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
90%
High-School Grad
6.0 sq mi
ZIP Area
3,609
Density / Sq Mi
$92,537
Median Household Income
$55,931
Median Earnings
$1,615
Median Rent
$343,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences, off-street parking, and a fenced outdoor area with pool and hot tub support flexible ownership options.
Where is this duplex located?
The property is located at 51 Randall Street Worcester, MA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two separate residences in an up‑and‑down duplex configuration; 1,612 square feet; built in 2007; Fenced yard with above‑ground pool, hot tub, deck, patio, and covered outdoor area
