Property profile

16 Vlg St Dudley, MA 01571

OFF-MARKET
Other investment properties
Property ID
US38-2378535
2,073 SF 0.41 ac lot Built 1900
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This mixed-use property was substantially rehabilitated in 1979 and includes a sequence of system and exterior upgrades, including new electrical wiring, plumbing, windows, roofing, and an HVAC system. Interior finishes include hardwood flooring, carpeting, and ceramic tile. A propane-powered backup generator is installed. The building was previously used as an insurance agency, and the layout provides flexibility for business and residential use: the first floor contains a living room with a fireplace and sliding doors to a deck, configured in a way that can support commercial operations, while the second floor is suitable for owner occupancy or rental use. The property sits on a 0.408-acre lot and contains approximately 2,942 square feet total building area. Zoning permits additional rental units, and unit creation is subject to minimum area requirements for first two units and additional square footage for a third unit; local ADU regulations may further allow an additional accessory dwelling unit sized at approximately half the area of a larger unit, potentially supporting up to three rental units in total, subject to compliance with applicable regulations.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 2,073 SF
Lot 0.41 ac (17,772 SF)
APN DUDL M:117 L:107
UPID US38-2378535

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16 Vlg St Dudley, MA 01571-3305
Dudley metro Census 755100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
1999
$118,750
1993
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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