29 Scenic Dr, Worcester, MA 01602
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$439,000
2 Unit
2 Beds
2 Baths
1092 SQFT
0.18 Acre

Property Description

Great starter investment property. Two units. Fully leased. Both units have hardwood floors in living and bedrooms. Some newer items including: windows in both units, kitchen countertops and cabinets in one unit, and tile floors in both units. Left side unit has partially finished lower level, currently used as work space. Convenient location. Priced at 6.25% CAP rate based on 2024 financials.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 2
  • Total Full Baths: 2
  • Amenities: Conservation Area, Highway Access, Walk/Jog Trails
  • Basement Features: Bulkhead, Concrete Floor, Full, Partially Finished
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower
  • Common Appliances: Dryer Hookup, Range, Refrigerator, Washer Hookup
  • Common Heating: Electric Baseboard, Oil, Radiant

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 41400
  • Gross Expenses: 9540
  • Water/Sewer: 840
  • INSC: 1400
  • Repairs & Maintenance: 1500
  • Management Fee: 1800
  • Net Operating Income: 27398

Utilities

  • Heat Zones: 1
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1964
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73419065
  • Last Updated: 08/22/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/22/2025Active$439,000$402MLSPIN
08/18/2025New$439,000$402MLSPIN

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Seller's Representative: Mark O'Donnell, William Raveis R.E. & Home Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-08-22 03:05:00