$830,000
SOLD FEB 4, 2025
11 Beds
5 Baths
6,140 Sq Ft
5,388 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

12% Below List Price

120 Days on Market

About This Home

As of February 2025

5 Units Discover an exceptional investment opportunity in the rapidly growing Canal District! This impressive multi-family property offers great potential for rental income and is ideally located near Polar Park and Worcester Public Market, making it highly desirable for tenants seeking a dynamic urban lifestyle.Highlights:Spacious Design: Recently remodeled 3-family building with over 4,500 sq. ft., featuring modern kitchens, updated baths, and open-concept living areas.Modern Upgrades: Newer heating systems and roof (2019) for reduced maintenance costs.Additional Potential: A 2-family building in the back is ready for customization to increase income or value.Convenient Location: Minutes from RT 146 and 290, with easy access to highways, shops, restaurants, and entertainment.This rare find in a sought-after neighborhood offers endless possibilities for growth and return on investment. Act quickly to secure this smart investment choice before it's gone

Last Agent to Sell the Property

Brian Allen

Property Investors & Advisors, LLC Listed on: 07/07/2024

Last Buyer's Agent

Candor Realty Group

Four Points Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,706

Year Built

  • Built in 1900

Home Design

  • 6,140 Sq Ft Home

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Additional Features

  • 5,388 Sq Ft Lot
  • 5 Heating Zones

Listing and Financial Details

  • Total Actual Rent $8,400
  • Assessor Parcel Number M:05 B:021 L:00006,1765934

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $100,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,706

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Year Built Details: Approximate
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 11
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Living Area: 6140
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN6259
  • MAIN SO: AN5498

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:05 B:021 L:00006,1765934
  • Zoning: MG-2
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5388
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12706

Multi Family

  • Net Operating Income: 100800
  • Number Of Units Total: 5
  • Total Actual Rent: 8400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 List to Sale Price per Sq Ft
02/04/2025 02/04/25 Sold $830,000 -2.4% $135 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/08/2024 10/08/24 Price Changed $850,000 -10.1% $138 / Sq Ft
07/07/2024 07/07/24 For Sale $945,000 -- $154 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73260770

MLS Property Information Network (MLS PIN)

APN: WORC M:05 B:021 L:00006