141 Cambridge St Worcester, MA 01603
University Park NeighborhoodEstimated payment $5,062/month
Highlights
- Property is near public transit
- Wood Flooring
- Level Lot
About This Home
High income-producing and ideally situated — a solid addition to any portfolio! This 3-family property features 3 spacious 3-bedroom units with strong, reliable tenants already in place, offering excellent cash flow from day one. Each apartment has been updated, and all utilities are separately metered, building is currently professionally managed. A coin-operated laundry is located in the basement for added income and ease of use. Investors will appreciate the high rents, while an owner-occupant could live affordably with tenants offsetting majority of mortgage. Located in the heart of Worcester: just .5 miles from Clark University and 1 Mile from Holy Cross. Near major routes including I-290, Route 146, and the Mass Pike (I-90) — perfect for commuters and city living alike. OPEN HOUSES SAT/SUN 12-2
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,313
Year Built
- Built in 1900
Lot Details
- 4,666 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- 4,716 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Community Details
- 3 Units
- Net Operating Income $20,400
Listing and Financial Details
- Assessor Parcel Number M:08 B:035 L:00069,1770273
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 | $10,313 | $781,900 | $77,300 | $704,600 |
| 2024 | $9,430 | $685,800 | $77,300 | $608,500 |
| 2023 | $9,057 | $631,600 | $67,200 | $564,400 |
| 2022 | $7,880 | $518,100 | $53,800 | $464,300 |
| 2021 | $7,092 | $435,600 | $43,100 | $392,500 |
| 2020 | $5,537 | $325,700 | $42,700 | $283,000 |
| 2019 | $4,108 | $228,200 | $37,300 | $190,900 |
| 2018 | $4,009 | $212,000 | $37,300 | $174,700 |
| 2017 | $3,754 | $195,300 | $37,300 | $158,000 |
| 2016 | $3,578 | $173,600 | $27,100 | $146,500 |
| 2015 | $3,484 | $173,600 | $27,100 | $146,500 |
| 2014 | $3,392 | $173,600 | $27,100 | $146,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | Pending | -- | -- | -- | |
| 10/29/2025 10/29/25 | For Sale | $799,000 | +35.4% | $169 / Sq Ft | |
| 07/19/2021 07/19/21 | Sold | $590,000 | +12.4% | $125 / Sq Ft | View Prior Sale |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- | |
| 06/11/2021 06/11/21 | For Sale | $525,000 | +36.4% | $111 / Sq Ft | |
| 02/28/2020 02/28/20 | Sold | $385,000 | -1.3% | $82 / Sq Ft | View Prior Sale |
| 01/29/2020 01/29/20 | Pending | -- | -- | -- | |
| 01/24/2020 01/24/20 | For Sale | $389,900 | 0.0% | $83 / Sq Ft | |
| 01/22/2020 01/22/20 | Pending | -- | -- | -- | |
| 01/16/2020 01/16/20 | For Sale | $389,900 | +143.7% | $83 / Sq Ft | |
| 12/13/2012 12/13/12 | Sold | $160,000 | -19.6% | $35 / Sq Ft | View Prior Sale |
| 11/13/2012 11/13/12 | Pending | -- | -- | -- | |
| 09/06/2011 09/06/11 | For Sale | $199,000 | -- | $44 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $590,000 | None Available | |
| Not Resolvable | $385,000 | None Available | |
| Not Resolvable | $160,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $573,970 | FHA | |
| Previous Owner | $308,000 | New Conventional | |
| Previous Owner | $154,400 | FHA |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73448866
APN: WORC-000008-000035-000069
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