$1,200,000
OPEN SUN 11AM - 1PM

1 Ludlow St Worcester, MA 01603

Webster Square Neighborhood

Estimated payment $6,956/month

Total Views 859
10 Beds
5 Baths
3,640 Sq Ft
$330 Price per Sq Ft

Highlights

  • Medical Services
  • Granite Flooring
  • Property is near public transit
  • City View
  • Deck
  • Corner Lot

About This Home

Five-unit investment property in Worcester with four units occupied and one currently vacant with projected market rent. The building has been extensively updated with improvements to the roof, windows, insulation, plumbing, electrical, kitchens, and baths, and each unit has separate utilities and dedicated hot water heaters. Exterior features include a wood deck, garden space, stone wall, and a paved driveway with parking for 12 cars, plus a full basement with laundry hookups and a rear walk-out offering potential for additional space. Convenient location near public transit, shopping, schools, universities, and major highways. Check the Facts & Features drop-down for the virtual tour

Listing Agent

Eclipse Group

Cameron Real Estate Group Listed on: 09/17/2025

Cameron Real Estate Group

Co-Listing Agent

Christo Genchev

Cameron Real Estate Group

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,434

Year Built

  • Built in 1900

Lot Details

  • 7,840 Sq Ft Lot
  • Near Conservation Area
  • Stone Wall
  • Corner Lot
  • Garden

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,640 Sq Ft Home
  • Living Room
  • City Views

Flooring

  • Wood
  • Carpet
  • Laminate
  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 12 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Deck
  • No Cooling

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Electric Expense $3,000
  • Insurance Expense $4,500
  • Water Sewer Expense $1,650
  • Operating Expense $9,000
  • Net Operating Income $94,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,434

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: 4097
  • Stories: 5

Interior Features

  • Flooring: Wood, Vinyl, Carpet, Laminate
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Total Bedrooms: 10
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Interior Entry, Dirt Floor, Unfinished
  • Above Grade Finished Sq Ft: 3640
  • Living Area: 3640
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AC0756
  • LIST PRICE PER Sq Ft: 329.67
  • PRICE PER Sq Ft: 329.67

Exterior Features

  • Exterior Features: Garden, Stone Wall
  • Foundation Details: Stone, Brick/Mortar, Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: City
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Driveway, Paved
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1650

Lot Info

  • Zoning: BL-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7840
  • Lot Size Units: Acres
  • PAGE: 0338

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7433.75
  • Tax Book Number: 35175

Multi Family

  • Electric Expense: 3000
  • Gross Income: 103800
  • Insurance Expense: 4500
  • Net Operating Income: 94800
  • Number Of Units Total: 5
  • Operating Expense: 9000
  • Total Actual Rent: 8700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 For Sale $1,200,000 -- $330 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73432143

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Worcester 01603 Webster Square

1 Ludlow St, Worcester, MA

This home is located at 1 Ludlow St, Worcester, MA 01603 and is currently priced at $1,200,000, approximately $329 per square foot. This property was built in 1900. 1 Ludlow St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Heard Street Discovery Academy.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes
Listing Agent
Eclipse Group
Section Image
Cameron Real Estate Group
(508) 687-6423