$615,000
SOLD SEP 12, 2024
9 Beds
3 Baths
3,534 Sq Ft
5,250 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

4% Below List Price

2 Days on Market

About This Home

As of September 2024

Discover a golden opportunity in this well-maintained three-family home, perfect for both owner-occupants and savvy investors. This versatile property features three spacious units, each boasting three bedrooms and one full bath, providing ample living space and excellent rental potential. Ideally situated in a desirable neighborhood, the building offers easy access to local amenities, public transportation, and schools. For owner-occupants, live comfortably in one unit while generating income from the other two, potentially offsetting your mortgage. Investors will appreciate the strong rental market and the property's potential for steady cash flow. With its solid structure, prime location, and flexible living arrangements, this three-family home presents a rare chance to combine comfortable living with smart investing. Don't miss out on this exceptional property – schedule your viewing today!

Last Agent to Sell the Property

Julio Roque

Property Investors & Advisors, LLC Listed on: 08/12/2024

Last Buyer's Agent

The Torres Group

Property Investors & Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,927

Year Built

  • Built in 1900

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Slate Roof

Interior Spaces

  • 3,534 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 5,250 Sq Ft Lot
  • 3 Heating Zones

Listing and Financial Details

  • Total Actual Rent $4,100
  • Assessor Parcel Number M:04 B:032 L:00017,1765325

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,927

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3534
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6259
  • LIST PRICE PER Sq Ft: 181.07
  • PRICE PER Sq Ft: 174.02
  • MAIN SO: AN6259

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:04 B:032 L:00017,1765325
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5250
  • Lot Size Units: Acres
  • PAGE: 117
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7927
  • Tax Book Number: 23442

Multi Family

  • Gross Income: 33600
  • Net Operating Income: 33600
  • Number Of Units Total: 3
  • Total Actual Rent: 4100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Centurion Prop Invs Llc
Bought by
Termos Adnan
Current Estimated Value
$635,376

Purchase Details

Closed on
Feb 21, 2007
Sold by
Martinez Gustavo T
Bought by
Martinez Benilda and Martinez Gustavo T

Purchase Details

Closed on
Jan 19, 2001
Sold by
Nguyen Duc
Bought by
Martinez Gustavo T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
7.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2000
Sold by
Nguyen Thuy T
Bought by
Nguyen Duc

Purchase Details

Closed on
Aug 4, 1997
Sold by
Donovan Martha A
Bought by
Nguyen Thuy T
Source: Public Records

Similar Homes in Worcester, MA

  • 1022 Main St, Worcester, MA 01603

    $519,000

    • 8 Beds
    • 3 Baths
    • 2,472 Sq Ft
    • 1022 Main St
    • Worcester, MA

    Opportunity knocks with this unique mixed-use property just a short walk from Clark University! Featuring 12 rooms, 6 bedrooms, 3 full baths, and 1 half bath, this property offers great potential for investors or homeowners. With a 7,592 sq.ft. lot and 2,500 sq.ft. of living space, the home includes a partially finished basement with room for more, plus parking for 7+ cars on a paved

    ZhiChao Chen Space Realty

    Section Image
  • 24 Vale St, Worcester, MA 01604

    $725,000

    • 9 Beds
    • 3 Baths
    • 3,333 Sq Ft
    • 24 Vale St
    • Worcester, MA

    Located at 24 Vale St, Worcester, MA, this multi-family residence offers a unique opportunity for those with a vision. The property presents a compelling prospect for investors and handy homeowners alike. The residence offers a generous footprint of 3333 square feet of living area, thoughtfully distributed across three stories. This ample space provides flexibility in design and usage. Imagine

    Frances Alvarez Palace Realty Boston

    Section Image
  • 14 Mendon St, Worcester, MA 01604

    $699,999

    • 9 Beds
    • 3 Baths
    • 3,639 Sq Ft
    • 14 Mendon St
    • Worcester, MA

    Don't miss out on this versatile multi family property. This well kept 3 family property features three spacious units in a desirable area in Worcester. A solid income producing asset, perfect for investors or owner occupied. This property also has spacious off street parking to accommodate several vehicles. This property offers quick and easy access to major routes including I-290, Mass Pike

    Richard Fields A-1 Realty of MA LLC

    Section Image
  • 4 Fay St, Worcester, MA 01604

    $599,900

    • 9 Beds
    • 3 Baths
    • 3,746 Sq Ft
    • 4 Fay St
    • Worcester, MA

    3-Family 9 Beds | 6 room Units – Diamond in the Rough! Fantastic investor opportunity near downtown Worcester. This spacious 3-family features large units with great potential for rental income or owner-occupancy. Ample off-street parking, separate utilities, and circuit breakers in place. Property needs a new roof and some TLC, but with the right vision, it can be a true income-generating asset.

    David Hill Central MA Homes

    Section Image
  • 3 Vernon Terrace, Worcester, MA 01610

    $695,000

    • 9 Beds
    • 3 Baths
    • 3,261 Sq Ft
    • 3 Vernon Terrace
    • Worcester, MA

    Investor Opportunity or Owner-Occupant Dream! Welcome to 3 Vernon Terrace — a well-maintained triple-decker featuring three spacious 3-bedroom, 1-bath units in a highly desirable Worcester location. Nestled on a quiet street just minutes from Polar Park, this property offers unbeatable access to downtown amenities, restaurants, and public transportation. Each unit features generous living space,

    Brian Allen Property Investors & Advisors, LLC

    Section Image
  • 37 Vernon St, Worcester, MA 01610

    $750,000

    • 9 Beds
    • 3 Baths
    • 4,410 Sq Ft
    • 37 Vernon St
    • Worcester, MA

    AMAZING OPPORTUNITY for an investor or owner occupied. This truly spacious 3 family property features 6 rooms per unit, 3 bedrooms each (the 3 floor has a bonus room). The property is at excellent commuter location. Just minutes away from highway and few minutes to Polar Park/ Kelley Squire.

    Connie Wu-Liang V & E Realty

    Section Image
  • 22 N Woodford St, Worcester, MA 01604

    $672,000

    • 8 Beds
    • 3 Baths
    • 3,913 Sq Ft
    • 22 N Woodford St
    • Worcester, MA

    This beautifully kept three-family home is a fantastic opportunity for both owner-occupants and investors! The first and second floor units are full of charm, featuring natural hardwood floors, coffered ceilings, original woodwork, and a fireplace. These timeless details add a true sense of home. You'll love the oversized layouts—spacious, bright, and perfect for comfortable living. The third

    James Kalogeropoulos RE/MAX Partners

    Section Image
  • 21 Dorchester St, Worcester, MA 01610

    $649,000

    • 8 Beds
    • 3 Baths
    • 3,128 Sq Ft
    • 21 Dorchester St
    • Worcester, MA

    Oversized, three-family home offers over 3,100 SF of living space and a total of 8 bedrooms. All three units will be delivered vacant. It features two spacious 3-bedroom units and one lower-level 2-bedroom unit, making it ideal for owner-occupants or investors seeking rental income. This turnkey multi-family property is full of charm, with hardwood and vinyl flooring, French doors, and high

    Will Olsen Coldwell Banker Realty - Haverhill

    Section Image
  • 42 Bridgeport St, Worcester, MA 01604

    $775,000

    • 9 Beds
    • 3 Baths
    • 4,554 Sq Ft
    • 42 Bridgeport St
    • Worcester, MA

    This expansive 3-unit property boasts approximately over 4,500 sq. ft. of versatile living space, offering a fantastic opportunity for investment or multi-generational living. Each unit is thoughtfully designed with an open-concept dining room and living room, perfect for both relaxation and entertaining. Featuring updated kitchens and bathrooms, as well as a mix of durable vinyl, tile, and

    The Torres Group Property Investors & Advisors, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- --
Deed -- --
Deed $137,000 --
Deed $137,000 --
Deed $63,000 --
Deed $63,000 --
Deed $31,000 --
Deed $32,000 --
Deed $31,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $498,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $522,000 Purchase Money Mortgage
Previous Owner $212,000 No Value Available
Previous Owner $214,200 No Value Available
Previous Owner $198,991 No Value Available
Previous Owner $109,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $615,000 -3.9% $174 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $639,900 -- $181 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $8,649 $655,700 $65,200 $590,500
2024 $7,927 $576,500 $65,200 $511,300
2023 $7,563 $527,400 $52,400 $475,000
2022 $6,607 $434,400 $41,900 $392,500
2021 $5,835 $358,400 $33,500 $324,900
2020 $4,422 $260,100 $33,600 $226,500
2019 $4,498 $249,900 $33,200 $216,700
2018 $4,393 $232,300 $33,200 $199,100
2017 $4,117 $214,200 $33,200 $181,000
2016 $4,031 $195,600 $27,100 $168,500
2015 $3,926 $195,600 $27,100 $168,500
2014 $3,822 $195,600 $27,100 $168,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73276363

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000032-000017