Turnkey Two-Unit Residential
69 Orient St Worcester, MA 01604
New
69 Orient St, Worcester, MA, 01604
$649,900
For Sale
$649,900
Like-new duplex features two similar units with eat-in kitchens, hardwood floors, and tiled full baths.
Property Size1,492 SF
Price / SF$435.59
Days on Market7
Property Features for 69 Orient St
General Information
- Standard status
- Active
- Size
- 1,492 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1870
Listing Agency
Keller Williams Pinnacle Central
(774) 200-8697
Listed by
The Riel Estate Team
(774) 200-8697
Source
Lockandkeyre
Added: Jul 13 Checked: Jul 19 at 4:15 am
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 Keller Williams Pinnacle Central
Investment Insights
Based on property information with market context.
This like-new duplex has undergone a complete transformation and is ready for its next owner. Both apartments have similar layouts featuring gorgeous eat-in kitchens, living rooms with gleaming hardwood floors, two bedrooms, and a full tiled bath with modern finishes. The property also includes major improvements such as a new roof, new windows, all new utilities, and a full interior remodel.
There is plenty of off-street parking available. The basement is framed and permitted for future ADU completion, offering a potential value-add opportunity depending on final buildout plans.
As configured, the property provides two residential units with modern finishes and updated building systems, along with the option to expand via a permitted basement ADU completion.
There is plenty of off-street parking available. The basement is framed and permitted for future ADU completion, offering a potential value-add opportunity depending on final buildout plans.
As configured, the property provides two residential units with modern finishes and updated building systems, along with the option to expand via a permitted basement ADU completion.
Key Highlights
- Duplex built in 1870 featuring two similar 2‑bedroom units, each with an eat‑in kitchen and a living room with hardwood floors
- Each unit includes a full tiled bath with modern finishes
- Major updates include a new roof, new windows, all new utilities, and a full interior remodel
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 | $33.1k | $22.20 |
| − Vacancy | −$1.8k | −$1.22 |
| EGI | $31.3k | $20.98 |
| − OpEx | −$9.4k | −$6.29 |
| NOI | $21.9k | $14.69 |
1,492 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$313.0K
$273.9K – $365.2K
NOI $21,910 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$287.3K
$251.4K – $335.2K
NOI $20,113 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$498.0K
$435.8K – $581.0K
NOI $34,860 @ 7.0% cap · market cap 5.36%
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 - Like-new duplex features two similar units with eat-in kitchens, hardwood floors, and tiled full baths.
Where is this duplex located?
The property is located at 69 Orient St Worcester, MA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Duplex built in 1870 featuring two similar 2‑bedroom units, each with an eat‑in kitchen and a living room with hardwood floors; Each unit includes a full tiled bath with modern finishes; Major updates include a new roof, new windows, all new utilities, and a full interior remodel
