Michael Giovangelo
Better Living Real Estate, LLC
(774) 341-5232
59 Total Sales
1 in University Park
$550,000 Price
1025 Main St Worcester, MA 01603
University Park NeighborhoodEstimated Value: $542,969
6
Beds
2.5
Baths
4,690
Sq Ft
$116/Sq Ft
Est. Value
About This Home
As of October 2025This versatile commercial/residential building offers strong cash flow potential. Centrally positioned on Main Street the ground floor features a 1,365 sq. ft. commercial space, ideal for a restaurant or other business, equipped with: Central air conditioning, Grease deposit for culinary ventures. The second and third floors each boast spacious, sun-filled 3-bedroom apartments. Highlights of Unit 3 include: Refinished hardwood floors, Brand-new kitchen appliances, Updated bathroom. All utilities are separately metered for maximum efficiency. This property presents a fantastic chance for first-time homebuyers, especially those utilizing VA or FHA loans. If you're a business owner with a vision for a venture and want to live in one of the units, this could be the perfect fit. Don't miss out on this chance to own a valuable asset in a central location.
Co-Listed By
Felipe Franco
Be Live in Realty
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,057
Year Built
- Built in 1920
Lot Details
- 3,432 Sq Ft Lot
- Fenced
Home Design
- Triplex
- Stone Foundation
Interior Spaces
- 4,690 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Forced Air Heating System
Community Details
- 3 Units
- Net Operating Income $16,800
Listing and Financial Details
- Total Actual Rent $6,200
- Assessor Parcel Number M:08 B:036 L:0022A,1770354
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2025
Closed on
Oct 3, 2025
Sold by
1025 Main St Wor Llc
Bought by
Seller's Agent
Lia Carminati
Be Live in Realty
Buyer's Agent
Dickens Pierre Louis
Real Broker MA, LLC
List Price
$649,000
Sold Price
$649,000
Views
222
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,031
Avg. Annual Appreciation
-17.45%
Purchase Details
Listed on
Mar 7, 2024
Closed on
Sep 26, 2024
Sold by
Worcester Dev Project Iii
Bought by
1025 Main St Wor Llc
Seller's Agent
Spencer Fortwengler
OWN IT
Buyer's Agent
Lia Carminati
Be Live in Realty
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Views
90
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.97%
Original Mortgage
$432,000
Interest Rate
6.49%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 14, 2018
Closed on
Feb 13, 2019
Sold by
Haims Investement Group
Bought by
Worcester Dev Project 3
Seller's Agent
Jason Saphire
Saphire Hospitality, Inc.
Buyer's Agent
Candice Bettencourt
Castinetti Realty Group
List Price
$349,000
Sold Price
$342,500
Premium/Discount to List
-$6,500
-1.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Purchase Details
Closed on
Sep 21, 2018
Sold by
Trippi William and Trippi Marilyn G
Bought by
Haims Investment Group
Purchase Details
Closed on
May 17, 2013
Sold by
Lazarus Gerald
Bought by
Simulis Real Estate Ll
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,725
Interest Rate
3.57%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in University Park, MA
-
Michael Giovangelo
-
ZhiChao Chen
ZhiChao Chen
SPACE CY REALTY LIMITED
(855) 528-1854
142 Total Sales
2 in University Park
$265K - $390K Price Range
-
Doug Tammelin
Doug Tammelin
Coldwell Banker Realty - Leominster
(978) 990-7784
156 Total Sales
1 in University Park
$485,000 Price
-
Monique Frigon
Monique Frigon
RE/MAX Generations
(413) 992-3209
154 Total Sales
1 in University Park
$675,000 Price
-
Michele Myles
Michele Myles
Lamacchia Realty, Inc.
(978) 829-4852
23 Total Sales
1 in University Park
$555,000 Price
-
Mary Stolarczyk
Mary Stolarczyk
RE/MAX Vision
(774) 703-4116
104 Total Sales
1 in University Park
$643,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $649,000 | -- | ||
| 1025 Main St Wor Llc | $530,000 | None Available | |
| Worcester Dev Project 3 | $342,500 | Highland Title | |
| Haims Investment Group | $185,000 | -- | |
| Simulis Real Estate Ll | $175,725 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | -- | $432,000 | |
| Previous Owner | Worcester Dev Project 3 | $900,000 | |
| Previous Owner | -- | $125,725 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/03/2025 10/03/25 | Sold | $649,000 | 0.0% | $138 / Sq Ft | |
| 06/14/2025 06/14/25 | Pending | -- | -- | -- | |
| 06/11/2025 06/11/25 | For Sale | $649,000 | +22.5% | $138 / Sq Ft | |
| 09/26/2024 09/26/24 | Sold | $530,000 | +1.0% | $113 / Sq Ft | View Prior Sale |
| 08/14/2024 08/14/24 | Pending | -- | -- | -- | |
| 08/11/2024 08/11/24 | For Sale | $525,000 | 0.0% | $112 / Sq Ft | |
| 04/11/2024 04/11/24 | Pending | -- | -- | -- | |
| 03/07/2024 03/07/24 | For Sale | $525,000 | +53.3% | $112 / Sq Ft | |
| 02/25/2019 02/25/19 | Sold | $342,500 | -1.9% | $86 / Sq Ft | View Prior Sale |
| 02/06/2019 02/06/19 | Pending | -- | -- | -- | |
| 12/26/2018 12/26/18 | For Sale | $349,000 | 0.0% | $87 / Sq Ft | |
| 12/26/2018 12/26/18 | Price Changed | $349,000 | +3.3% | $87 / Sq Ft | |
| 12/19/2018 12/19/18 | Pending | -- | -- | -- | |
| 12/06/2018 12/06/18 | Price Changed | $338,000 | -0.3% | $85 / Sq Ft | |
| 11/14/2018 11/14/18 | For Sale | $339,000 | -- | $85 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,057 | $535,000 | $85,600 | $449,400 |
| 2024 | -- | $471,700 | $85,600 | $386,100 |
| 2023 | $0 | $503,300 | $74,400 | $428,900 |
| 2022 | $0 | $401,500 | $59,500 | $342,000 |
| 2021 | $0 | $307,300 | $47,600 | $259,700 |
| 2020 | $5,356 | $310,400 | $44,100 | $266,300 |
| 2019 | $0 | $222,800 | $41,700 | $181,100 |
| 2018 | $0 | $217,600 | $41,700 | $175,900 |
| 2017 | $0 | $217,600 | $41,700 | $175,900 |
| 2016 | -- | $193,800 | $32,500 | $161,300 |
| 2015 | -- | $193,800 | $32,500 | $161,300 |
| 2014 | -- | $193,800 | $32,500 | $161,300 |
Source: Public Records
Agents Affiliated with this Home
-
Lia Carminati
Seller's Agent in 2025
Lia Carminati
Be Live in Realty
(617) 460-9893
2 in this area
59 Total Sales
-
FF
Seller Co-Listing Agent in 2025
Felipe Franco
Be Live in Realty
-
Dickens Pierre Louis
DP
Buyer's Agent in 2025
Dickens Pierre Louis
Real Broker MA, LLC
1 in this area
9 Total Sales
-
Spencer Fortwengler
Seller's Agent in 2024
Spencer Fortwengler
OWN IT
(508) 410-1781
3 in this area
198 Total Sales
-
Jason Saphire
Seller's Agent in 2019
Jason Saphire
Saphire Hospitality, Inc.
(877) 249-5478
1,953 Total Sales
-
Candice Bettencourt
Buyer's Agent in 2019
Candice Bettencourt
Castinetti Realty Group
(508) 450-2576
23 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73388038
APN: WORC-000008-000036-000022A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
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