16 Gates St Worcester, MA 01610
Beacon Brightly NeighborhoodEstimated payment $5,496/month
Total Views
189
11
Beds
4
Baths
4,480
Sq Ft
$192
Price per Sq Ft
About This Home
Don't miss this great investment opportunity steps from Clark University! This large 4 family with three 3 bed units and a 2 bed unit is fully rented with room for improvements and rent increases in coming months. The property offers a great level backyard abutting the park with .33 acres offering expansion opportunities with an attached or detached ADU. Two other properties one street over being offered by seller at 21 Grand & 27 Grand Street for a potential 3 property 10 unit portfolio opportunity. Call for details.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,949
Year Built
- Built in 1910
Lot Details
- 0.33 Acre Lot
Home Design
- Quadruplex
- Brick Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,480 Sq Ft Home
- Property has 1 Level
- Partially Finished Basement
Bedrooms and Bathrooms
- 11 Bedrooms
- 4 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Listing and Financial Details
- Assessor Parcel Number M:07 B:007 L:00005,1768661
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $1,500
- Water Sewer Expense $3,100
- Operating Expense $14,760
- Net Operating Income $60,000
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $860,000 | +115.5% | $192 / Sq Ft |
| 05/29/2015 05/29/15 | Sold | $399,000 | 0.0% | $89 / Sq Ft |
| 04/29/2015 04/29/15 | Pending | -- | -- | -- |
| 04/12/2015 04/12/15 | For Sale | $399,000 | +5.0% | $89 / Sq Ft |
| 11/21/2014 11/21/14 | Sold | $380,000 | -4.8% | $85 / Sq Ft |
| 10/22/2014 10/22/14 | Pending | -- | -- | -- |
| 09/12/2014 09/12/14 | For Sale | $399,000 | +24.7% | $89 / Sq Ft |
| 07/13/2012 07/13/12 | Sold | $320,000 | -14.7% | $71 / Sq Ft |
| 06/13/2012 06/13/12 | Pending | -- | -- | -- |
| 04/12/2012 04/12/12 | For Sale | $375,000 | -- | $84 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Similar Homes in Worcester, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73404412
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.
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