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12 & 14 Hunnewell Road 12-14 Hunnewell Rd 9 Unit Apartment Building $3,147,597 ($349,733/Unit) 6.12% Cap Rate Worcester, MA 01606
Investment Highlights
- Completely Renovated
- Turn-Key
- Institutional Quality Renovation
- 9 Units
- Additional Garage Income Potential
- Immediate Cash Flow
Executive Summary
Marketing description
Situated within one of Worcester's established residential neighborhoods, 12 & 14 Hunnewell Road consists of two completely renovated multifamily buildings comprising nine spacious two-bedroom apartments.
Current ownership has invested heavily into renovating nearly every aspect of the property. Apartment interiors feature updated kitchens with modern cabinetry and countertops while building systems including plumbing and electrical have been substantially upgraded. Residents benefit from professionally maintained common areas, convenient on-site coin-operated laundry and possible garage space. The property's exceptional physical condition minimizes future capital expenditures while allowing investors to focus on maximizing operational performance.
Situated within one of Worcester's established residential neighborhoods, 12 & 14 Hunnewell Road consists of two completely renovated multifamily buildings comprising nine spacious two-bedroom apartments.
Current ownership has invested heavily into renovating nearly every aspect of the property. Apartment interiors feature updated kitchens with modern cabinetry and countertops while building systems including plumbing and electrical have been substantially upgraded. Residents benefit from professionally maintained common areas, convenient on-site coin-operated laundry and possible garage space. The property's exceptional physical condition minimizes future capital expenditures while allowing investors to focus on maximizing operational performance.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$192,680
|
$19.27
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $192,680 |
| Annual Per SF | $19.27 |
Property Facts
Amenities
Site Amenities
- Laundry Facilities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | WORC-000032-000001-000012B | Improvements Assessment | $490,100 |
| Land Assessment | $118,300 | Total Assessment | $608,400 |
Property Taxes
Parcel Number
WORC-000032-000001-000012B
Land Assessment
$118,300
Improvements Assessment
$490,100
Total Assessment
$608,400
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12 & 14 Hunnewell Road | 12-14 Hunnewell Rd