15 May St Worcester, MA 01610
University Park NeighborhoodEstimated payment $6,567/month
Highlights
- Medical Services
- Wood Flooring
- Jogging Path
- Property is near public transit and schools
- Corner Lot
- Porch
About This Home
Five-unit investment opportunity with tremendous value-add potential! Offering 4,571 SF, 15 bedrooms, 5.5 bathrooms, and ample off-street parking on a corner lot in Worcester's sought-after University Park neighborhood. Two fully renovated vacant units (a 5-bedroom and a 2-bedroom) provide immediate lease-up potential. The remaining units include two 2-bedroom apartments (one with two levels of living) and a 4-bedroom apartment, all occupied on a tenant-at-will basis, providing flexibility and upside. Separately metered utilities allow tenants to pay their own heat, hot water, and electricity, helping minimize operating expenses. Four of the five units are lead compliant. A full walkout basement offers shared laundry, storage, and additional income potential. Conveniently located near Clark University, public transportation, shopping, and restaurants. One Open House Only: Saturday, July 11, 1:00 PM–2:00 PM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,386
Year Built
- Built in 1910
Lot Details
- 6,256 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,571 Sq Ft Home
- Living Room
- Range
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 15 Bedrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 5 Car Parking Spaces
- 5 Open Parking Spaces
- Off-Street Parking
Additional Features
- Porch
- Property is near public transit and schools
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:06 B:036 L:00011,1768019
Community Details
Overview
- 5 Units
- Near Conservation Area
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Electric Expense $1,200
- Insurance Expense $6,000
- Operating Expense $7,200
- Net Operating Income $96,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,386 | $711,600 | $82,800 | $628,800 |
| 2024 | $8,740 | $635,600 | $82,800 | $552,800 |
| 2023 | $8,560 | $596,900 | $45,100 | $551,800 |
| 2022 | $7,549 | $496,300 | $36,100 | $460,200 |
| 2021 | $7,492 | $460,200 | $28,900 | $431,300 |
| 2020 | $6,174 | $363,200 | $26,700 | $336,500 |
| 2019 | $7,380 | $410,000 | $24,900 | $385,100 |
| 2018 | $7,513 | $397,300 | $24,900 | $372,400 |
| 2017 | $6,994 | $363,900 | $24,900 | $339,000 |
| 2016 | $7,051 | $342,100 | $36,800 | $305,300 |
| 2015 | $6,866 | $342,100 | $36,800 | $305,300 |
| 2014 | $6,685 | $342,100 | $36,800 | $305,300 |
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 |
|---|---|---|---|---|---|
| 07/14/2026 07/14/26 | Price Changed | $1,090,000 | -5.2% | $238 / Sq Ft | |
| 07/06/2026 07/06/26 | For Sale | $1,150,000 | +219.4% | $252 / Sq Ft | |
| 06/11/2018 06/11/18 | Sold | $360,000 | -4.0% | $79 / Sq Ft | View Prior Sale |
| 03/26/2018 03/26/18 | Pending | -- | -- | -- | |
| 03/22/2018 03/22/18 | For Sale | $374,900 | -- | $82 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $360,000 | -- | |
| Deed | $475,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | New Conventional | |
| Previous Owner | $101,500 | Commercial | |
| Previous Owner | $600,000 | Commercial | |
| Previous Owner | $655,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73545346
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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