12 King St Worcester, MA 01610
University Park NeighborhoodEstimated payment $4,482/month
Highlights
- Medical Services
- Wood Flooring
- Porch
- Property is near public transit
- Jogging Path
- 5-minute walk to Oread Castle Park
About This Home
Don’t miss this exceptional three-family property, perfectly situated in a highly desirable neighborhood near top universities. Ideal for both first-time homebuyers and seasoned investors, this well-maintained building offers a fantastic opportunity to start—or expand—your real estate portfolio. Units 1 and 2 each feature three spacious bedrooms, while Unit 3 offers four bedrooms, providing strong rental appeal and flexibility. The property is in excellent condition, easy to manage, and includes separate utilities plus a dedicated landlord panel. Enjoy ample off-street parking, close proximity to major highways, and impressive cash flow potential. Rents are $2,450 first floor unit, $2,400 second floor unit and $2,600 third floor unit. A rare find in a prime location—this one won’t last! One of the units can be delivered vacant if needed.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,599
Year Built
- Built in 1890
Home Design
- Brick Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,158 Sq Ft Home
- Property has 1 Level
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Interior Basement Entry
Parking
- 5 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Additional Features
- Porch
- 7,293 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number M:06 B:018 L:00024,1767424
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Additional Features
- 3 Units
- Net Operating Income $89,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,599 | $500,300 | $76,500 | $423,800 |
| 2024 | $6,425 | $467,300 | $76,500 | $390,800 |
| 2023 | $5,875 | $409,700 | $61,400 | $348,300 |
| 2022 | $5,292 | $347,900 | $49,100 | $298,800 |
| 2021 | $4,376 | $268,800 | $39,300 | $229,500 |
| 2020 | $4,095 | $240,900 | $39,400 | $201,500 |
| 2019 | $3,854 | $214,100 | $38,900 | $175,200 |
| 2018 | $3,911 | $206,800 | $38,900 | $167,900 |
| 2017 | $3,706 | $192,800 | $38,900 | $153,900 |
| 2016 | $3,658 | $177,500 | $30,900 | $146,600 |
| 2015 | $3,562 | $177,500 | $30,900 | $146,600 |
| 2014 | $3,468 | $177,500 | $30,900 | $146,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/17/2025 11/17/25 | For Sale | $749,900 | +54.6% | $237 / Sq Ft | |
| 01/10/2023 01/10/23 | Sold | $485,000 | -7.6% | $154 / Sq Ft | View Prior Sale |
| 12/03/2022 12/03/22 | Pending | -- | -- | -- | |
| 11/16/2022 11/16/22 | For Sale | $525,000 | -- | $166 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $485,000 | None Available | |
| Deed | $42,500 | -- | |
| Deed | $42,500 | -- | |
| Foreclosure Deed | $233,344 | -- | |
| Foreclosure Deed | $233,344 | -- | |
| Deed | $248,000 | -- | |
| Deed | $248,000 | -- | |
| Deed | $82,500 | -- | |
| Deed | $99,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $363,750 | Purchase Money Mortgage | |
| Previous Owner | $270,000 | No Value Available | |
| Previous Owner | $136,000 | No Value Available | |
| Previous Owner | $198,400 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73455576
APN: WORC-000006-000018-000024
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