38-1/2 Bowdoin Street, Worcester MA 01609
Worcester, MA 01609
$449,000
Est. $2,871/month
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About this home
Don’t miss this fantastic investment property in a highly convenient Worcester location! This well-maintained multi-family home offers strong rental income with low upkeep. First-floor unit: Spacious 3-bedroom layout. Second-floor unit: Features 2 bedrooms plus a versatile bonus room—perfect for a home office or extra storage. Ample closet and storage space in both units. Shared basement laundry for tenant convenience. Expansive attic space with potential for storage or future expansion. On-street parking and easy access to public transportation, with a bus line just steps away. Prime location near schools, shopping, and more! This is a rare chance to own a solid income-generating property in a sought-after area. Schedule your showing today!
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Listed for Sale
Mar 27, 2025
$449,000
Original listing
Office: Property Investors & Advisors, LLC
Listed for Sale
Mar 27, 2025
$449,000
Original listing
Office: Property Investors & Advisors, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/27/2025 | 🏠 Listed for Sale | $449,000 | - | - | Original listing |
| 03/27/2025 | 🏠 Listed for Sale | $449,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $4,808 | $349,700 |
Financial Details
Annual Property Tax
$4,808
Tax Year 2024
Assessed Value
$349,700
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1910
Living Area
2,266 sq ft
Lot Size
0.05 acres
Bedrooms
5
Full Baths
2
Total Rooms
9
Investment Metrics
Units
2
Unit 1 Rent
$1,800/mo · N
Unit 2 Rent
$1,195/mo · N
Total Monthly Rent
$2,995/mo
Gross Income
$35,940
Net Operating Income
$35,940
Cap Rate
8.00%
Interior
Heating
Natural Gas
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
Living Room, Kitchen, Dining Room
Exterior
Construction
Frame
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$4,808
Assessed Value
$349,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Blue
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
24 days
Property Overview
Property Type
Multi Family
Listing Type
Sale Pending
Year Built
1910
Bedrooms
5
Full Bathrooms
2
Living Area
2,266 sq ft
Total Rooms
9
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,266 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Living Room, Kitchen, Dining Room
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Natural Gas
Heating Zones:
2
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$401
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
38-1/2 Bowdoin Street, Worcester MA 01609
Worcester, MA 01609
Listing Information
Listing Office
Property Investors & Advisors, LLC
Office Phone
774-413-0272
Agent MLS ID
K9503102
Office MLS ID
AN6259
Listing Data Updated
Apr 20, 2025 12:30 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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