$650,000

Estimated payment $4,296/month

Total Views 3,567
10 Beds
5 Baths
3,300 Sq Ft
$197 Price per Sq Ft

Highlights

  • Living Room
  • Dining Room
  • Heating System Uses Natural Gas
  • Property is near schools

About This Home

Location, value, and potential welcome to 22 Florence Street, a prime investment or owner-occupant opportunity just steps from Clark University! Whether you're looking for your next home or a smart addition to your rental portfolio, this property offers a solid foundation with key updates already completed. Enjoy peace of mind with major improvements recently done, including a brand-new roof, new water supply line, and a new water boiler taking care of some of the biggest-ticket items for any homeowner or investor. The home features spacious rooms, tall ceilings, and classic character throughout, ready to be restored to its full potential with a bit of TLC.The location couldn't be more convenient: just minutes from downtown Worcester, public transportation, parks, shops, and directly adjacent to the Clark University campus making it an ideal candidate for student housing or long-term rental. LOT OF POTENTIAL FOR RENT INCREASE, some units will be delivered vacant.

Listing Agent

Marvens Francois

Town Hall Realty, Inc. Listed on: 06/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,103

Year Built

  • Built in 1890

Home Design

  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 3,300 Sq Ft Home
  • Living Room
  • Dining Room
  • Dirt Floor

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking

Additional Features

  • Bulkhead
  • 6,325 Sq Ft Lot
  • Property is near schools
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(heat water), unit 3(heat water)
  • Assessor Parcel Number M:06 B:039 L:00056,1768167

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Operating Expense $12,000
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,103

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1890
  • Levels: 11
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 11

Interior Features

  • Interior Amenities: Laundry Room, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Total Bedrooms: 10
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Bulkhead, Dirt Floor
  • Above Grade Finished Sq Ft: 3300
  • Living Area: 3300
  • Spa YN: No
  • Stories Total: 11
  • MAIN LO: AC0600
  • LIST PRICE PER Sq Ft: 196.97
  • PRICE PER Sq Ft: 196.97

Exterior Features

  • Construction Materials: Stone
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: University
  • Rent Includes: Unit 1(Water), Unit 2(Heat,Water), Unit 3(Heat,Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:06 B:039 L:00056,1768167
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6325
  • Lot Size Units: Acres
  • PAGE: 390

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8103
  • Tax Book Number: 37693

Multi Family

  • Gross Income: 62400
  • Net Operating Income: 50400
  • Number Of Units Total: 5
  • Operating Expense: 12000
  • Total Actual Rent: 5200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 For Sale $650,000 -- $197 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73386218

MLS Property Information Network (MLS PIN)