1025 Main St Worcester, MA 01603
University Park Neighborhood
6
Beds
3
Baths
3,994
Sq Ft
3,485
Sq Ft Lot
About This Home
As of September 2024Centrally located commercial/residential building, features a large commercial space approx 1,365 sq feet with central A/C, new floors and fresh paint. Just leased for 5 years @$1,500/mo. with 3% annual increases ($1,688 in year 5!!). 2nd and 3rd floor apartments contain spacious and bright 3 bedrooms with refinished floors, brand new kitchen appliances, updated baths and fresh paint throughout. Unit 2 rented at $1,400/mo. Unit 3 rented at $1,000/mo. (market rent $1,500) ALL utilities separate. New roof, gutters, windows. Turn key. Management in Place.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Additional Features
- Patio
- Fenced Yard
- Basement
Ownership History
Date
Name
Owned For
Owner Type
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
OWN IT
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
7.42%
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
Similar Homes in Worcester, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $342,500 | Highland Title | |
| Not Resolvable | $185,000 | -- | |
| Not Resolvable | $175,725 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $432,000 | Commercial | |
| Closed | $432,000 | Commercial | |
| Open | $900,000 | Commercial | |
| Previous Owner | $125,725 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 Compared to Growth
Tax History
| 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 | -- | $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
-
Seller's Agent in 2025
Lia Carminati
Be Live in Realty
(617) 460-9893
1 in this area
41 Total Sales
-
F
Seller Co-Listing Agent in 2025
Felipe Franco
Be Live in Realty
(617) 777-5891
-
Seller's Agent in 2024
Spencer Fortwengler
OWN IT
(508) 410-1781
3 in this area
206 Total Sales
-
Seller's Agent in 2019
Jason Saphire
Saphire Hospitality, Inc.
(877) 249-5478
1,258 Total Sales
-
Buyer's Agent in 2019
Candice Bettencourt
OWN IT
(508) 450-2576
28 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72424024
APN: WORC-000008-000036-000022A
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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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