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INVESTMENT SNAPSHOT
About this property
Great opportunity for owner-occupants or investors! This well-maintained property offers strong income potential and great flexibility. Major exterior updates have already been completed, including a new roof, new siding, and fresh paint. Enjoy a beautiful lake-view porch, a walk-out basement with additional potential, and a 2-car garage for added convenience and value. Whether you’re looking to live in one unit while generating rental income or add to your investment portfolio, this property is a true money maker in a desirable location near local amenities, major routes, and more.
Property details
| Units | 2 |
| Living area | 2,352 sqft |
| Lot size | 7,750 sqft |
| Year built | 1910 |
| Price / sqft | $306 |
| County | Worcester |
| MLS # | 73522078 |
Listing status
| Days on market | 17 days |
| Listed on | May 20, 2026 |
Taxes & financials
| Annual property tax | $7,126 |
| Tax year | 2025 |
| Assessed value | $540,261 |
| Zoning | RS-7 |
| Gross income (actual) | $27,600/yr |
| Net operating income (actual) | $27,600/yr |
| Total actual rent | $2,300/mo |
Building & lot
| Stories | 2 |
| Total rooms | 12 |
| Lot size | 0.18 acres |
| Garage spaces | 2 |
| Parking spaces | 12 |
| Parking | Paved Drive |
| Basement | Full |
| Foundation | Concrete Perimeter, Block |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood |
Utilities & systems
| Heating | Natural Gas |
| Cooling | Central Air |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup |
| Appliances | Range, Refrigerator |
Location
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Listing courtesy of eXp Realty — Jhenny Sanchez. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 121 Hope Ave, Worcester MA 01603 have?
It is a 2-unit multi-family property with 2,352 sqft of living area, built in 1910.
How long has 121 Hope Ave, Worcester MA 01603 been on the market?
121 Hope Ave, Worcester MA 01603 has been listed for 17 days (since May 20, 2026).
What is the estimated cap rate on this 2-family in Worcester?
Based on area median rents, the estimated cap rate is about 3.9%, with a Signal Score of 71/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $720,000 across 2 units, that works out to roughly $360,000 per unit.
What are the property taxes on 121 Hope Ave, Worcester MA 01603?
Annual property taxes are $7,126 (2025), on an assessed value of $540,261.
What is the price per square foot?
At $720,000 for 2,352 sqft, that's about $306 per square foot.
Is there parking?
2 garage spaces and 12 total parking spaces (paved drive).
Where is this property located?
121 Hope Ave, Worcester MA 01603 is in Worcester, Worcester County, MA 01603.
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