$775,000
SOLD FEB 7, 2025
9 Beds
3 Baths
4,152 Sq Ft
8,428 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

8% Below List Price

102 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Shops
  • City View
  • Living Room
  • Dining Room

About This Home

As of February 2025

Introducing a fantastic investment opportunity in the heart of downtown Worcester! This 3-unit rental property boasts spacious 3-bedroom apartments in each unit, offering the perfect combination of modern living and urban convenience. Each apartment features generously sized bedrooms, bright living spaces, and well-maintained kitchens, making them highly desirable for tenants. With close proximity to Worcester's bustling downtown, residents will enjoy easy access to local restaurants, shops, parks, and public transportation. Whether you're looking to expand your rental portfolio or seeking a property with strong rental income potential, this multi-unit gem is a must-see! Don’t miss out on this prime opportunity! **Can be sold as a package with 233 Lincoln St or individually**

Last Agent to Sell the Property

Kade Phillips

RE/MAX Legacy Listed on: 09/12/2024

Last Buyer's Agent

Jayne Diliberto Porter

A. J. Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,134

Year Built

  • Built in 1890

Lot Details

  • 8,428 Sq Ft Lot
  • Fenced

Parking

  • 5 Car Garage
  • Common or Shared Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,152 Sq Ft Home
  • Living Room
  • Dining Room
  • City Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Property is near public transit
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $6,600
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1770861

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $76,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,134

Year Built

Built in 1890

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1890
  • Levels: 6
  • 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: VirtualTour
  • Stories: 6

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 4152
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN8165
  • MAIN SO: K95641

Exterior Features

  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Home Warranty YN: No
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 5
  • Covered Parking Spaces: 5
  • Garage YN: Yes
  • Parking Features: Off Street, Common
  • Total Parking Spaces: 15

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1770861
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8428
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6134

Multi Family

  • Net Operating Income: 76800
  • Number Of Units Total: 3
  • Total Actual Rent: 6600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Feb 5, 2025
Sold by
Tami & Tiara Homes Llc
Bought by
Bui Anthony and Yabandith Ann
Seller's Agent
Kade Phillips
RE/MAX Legacy
Buyer's Agent
Jayne Diliberto Porter
A. J. Homes
List Price
$839,000
Sold Price
$775,000
Premium/Discount to List
-$64,000
-7.63%
Views
49
Current Estimated Value
$794,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,120
Avg. Annual Appreciation
2.60%
Original Mortgage
$581,250
Outstanding Balance
$576,731
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$217,984

Purchase Details

Closed on
Oct 19, 2022
Sold by
Tran Don M
Bought by
Tami & Tiara Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,069,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1995
Sold by
Yazdan Massaud
Bought by
Tran Don M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1993
Sold by
St Amand Germaine L
Bought by
Tran Don M and Myers Hattie E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $775,000 None Available
Quit Claim Deed $900,000 None Available
Deed $60,000 --
Deed $60,000 --
Deed $75,000 --
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $581,250 Purchase Money Mortgage
Closed $581,250 Purchase Money Mortgage
Previous Owner $1,069,000 Purchase Money Mortgage
Previous Owner $48,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Sold $775,000 -3.1% $187 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
12/16/2024 12/16/24 Price Changed $800,000 -4.6% $193 / Sq Ft
10/22/2024 10/22/24 For Sale $839,000 0.0% $202 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $839,000 -- $202 / 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 $6,573 $498,300 $98,000 $400,300
2024 $6,134 $446,100 $98,000 $348,100
2023 $5,871 $409,400 $85,200 $324,200
2022 $5,141 $338,000 $68,200 $269,800
2021 $5,021 $308,400 $54,600 $253,800
2020 $3,723 $219,000 $54,200 $164,800
2019 $3,697 $205,400 $47,300 $158,100
2018 $3,659 $193,500 $47,300 $146,200
2017 $3,481 $181,100 $47,300 $133,800
2016 $3,275 $158,900 $33,600 $125,300
2015 $3,189 $158,900 $33,600 $125,300
2014 $3,105 $158,900 $33,600 $125,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73289285

MLS Property Information Network (MLS PIN)

APN: WORC-000009-000010-000003