23 Suffolk St Worcester, MA 01604
Franklin Plantation NeighborhoodEstimated payment $4,975/month
Highlights
- Corner Lot
- Dining Room
- Family Room
- Living Room
- 1 Car Garage
- Gentle Sloping Lot
About This Home
Exceptional Income Opportunity with Business Potential! This versatile 3-family property with extra 2000sqft commercial unit at 23 Suffolk St is a standout for investors or owner-occupants. The building features a fully renovated unit, while a second unit has been enhanced with brand-new hardwood floors. Each residential level offers a spacious 3-bedroom layout with energy-efficient windows.The property’s unique advantage is the full, walk-out basement designed for business use. With its own entrance and durable concrete and hardwood flooring, this space is ideal to be renovated to a studio, office, kitchen, or workshop. Strategically located in a BG-2 zone just steps from Union Station and a massive new 360+ unit residential development currently under construction, this location offers incredible future foot traffic and visibility. Includes a 1-car garage and additional off-street parking on a private side street.Listing agent is also the seller of the property
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,810
Year Built
- Built in 1910
Lot Details
- 2,815 Sq Ft Lot
- Corner Lot
- Gentle Sloping Lot
Parking
- 1 Car Garage
Home Design
- Brick Foundation
- Shingle Roof
Interior Spaces
- 3,948 Sq Ft Home
- 4-Story Property
- Family Room
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 10 Bedrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Garage Access
Community Details
- 4 Units
- Net Operating Income $81,600
Listing and Financial Details
- Assessor Parcel Number 1764846
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 | $8,810 | $667,900 | $56,100 | $611,800 |
| 2024 | $8,526 | $620,100 | $56,100 | $564,000 |
| 2023 | $7,906 | $551,300 | $48,800 | $502,500 |
| 2022 | $7,146 | $469,800 | $39,000 | $430,800 |
| 2021 | $5,972 | $366,800 | $31,200 | $335,600 |
| 2020 | $4,051 | $238,300 | $31,000 | $207,300 |
| 2019 | $4,217 | $234,300 | $27,000 | $207,300 |
| 2018 | $4,266 | $225,600 | $27,000 | $198,600 |
| 2017 | $4,015 | $208,900 | $27,000 | $181,900 |
| 2016 | $3,996 | $193,900 | $20,600 | $173,300 |
| 2015 | $3,892 | $193,900 | $20,600 | $173,300 |
| 2014 | $3,789 | $193,900 | $20,600 | $173,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2026 04/01/26 | For Sale | $800,000 | +45.5% | $203 / Sq Ft | |
| 11/01/2024 11/01/24 | Sold | $550,000 | -8.3% | $139 / Sq Ft | View Prior Sale |
| 10/06/2024 10/06/24 | Pending | -- | -- | -- | |
| 10/01/2024 10/01/24 | For Sale | $600,000 | 0.0% | $152 / Sq Ft | |
| 08/15/2024 08/15/24 | Pending | -- | -- | -- | |
| 07/03/2024 07/03/24 | For Sale | $600,000 | -- | $152 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $600,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $115,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73494275
APN: WORC-000004-000012-000022
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