Renovated Duplex with Framed
For Sale
$649,900
Pending
69 Orient St, Worcester, MA 01604
Residential Income, Worcester, MA
Property Size1,492 SF
Lot Size0.11 Acres
Days on Market97
Property Features for 69 Orient St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RG-5
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Parking
4
Directions
Right onto Grafton St., Left onto Orient
Standard status
Pending
APN
M:04 B:006 L:25+27,1764672
Size
1,492 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3341
Building Details
Year built
1870
Floors in Building
3
Number of units
2
Listing Agency:
Keller Williams Pinnacle Central · Keller Williams Realty
Listed By:
Sarah Gustafson
(508) 754-3020
Added: Jul 13
Changed: Oct 16
Last Checked: Oct 17 at 4:06AM
MLS# 73549018
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 Worcester duplex includes two apartments with comparable layouts, each offering an eat-in kitchen, living room, two bedrooms, and a full tiled bathroom. Interior work includes updated finishes, gleaming hardwood flooring, and a complete remodel. The property also has a new roof, replacement windows, and new utilities.
A framed basement is permitted for future ADU completion, providing an additional improvement already incorporated into the property. Off-street parking is available, and the home is positioned near major routes and area amenities. The 1,492-square-foot property occupies 0.1148 acres and was built in 1870. Zoning is RG-5.
A framed basement is permitted for future ADU completion, providing an additional improvement already incorporated into the property. Off-street parking is available, and the home is positioned near major routes and area amenities. The 1,492-square-foot property occupies 0.1148 acres and was built in 1870. Zoning is RG-5.
Key Highlights
- Two‑apartment duplex with similar layouts
- Each apartment includes 2 bedrooms and 1 full tiled bathroom
- 1,492 square feet on a 0.1148‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,910
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,200
$438.2K
Cap Rate 7%
$313,000
$313.0K
Cap Rate 9%
$243,444
$243.4K
Market Conditions
NOI Build-Up for 1,492 SF
Gross rent
$33.1K $22.20/SF
− Vacancy
−$1.8K −$1.22/SF
EGI
$31.3K $20.98/SF
− OpEx
−$9.4K −$6.29/SF
NOI
$21.9K $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%
$438,200
Cap Rate 7%
$313,000
Cap Rate 9%
$243,444
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 authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,086
Businesses Nearby
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Business Placement
Demographics for 01604, MA
41,301
Population
18,166
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
86%
High-School Grad
6.6 sq mi
ZIP Area
6,258
Density / Sq Mi
$72,911
Median Household Income
$45,596
Median Earnings
$1,570
Median Rent
$321,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching apartments feature eat-in kitchens, hardwood floors, and modern tiled 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: Two‑apartment duplex with similar layouts; Each apartment includes 2 bedrooms and 1 full tiled bathroom; 1,492 square feet on a 0.1148‑acre lot
