24 Ludlow St Worcester, MA 01603
Webster Square NeighborhoodEstimated payment $4,429/month
Highlights
- Medical Services
- Property is near public transit
- Wood Flooring
- Deck
- Cathedral Ceiling
- Community Pool
About This Home
Investor Alert! Fully Upgraded 3-Family in Worcester on Ludlow Street, perfectly situated in the Lower corner of Worcester near the Auburn and Leicester line. Each unit offers bright, spacious layouts with hardwood, tile, and LVP flooring, plus updated kitchens with appliances (1st floor: dishwasher & electric stove; 2nd & 3rd floors: gas stoves; refrigerators included).Thoughtfully maintained and upgraded, including a roof (2018), 3 separate water heaters (2018), upgraded electrical with separate boxes for common areas, and a de-leading cert (~2000s). Offered with a detached garage and paved off-street parking and generating Gross Income ~$55,200/year with Gross Expenses ~$8,000/year, delivering strong cash flow for investors. Situated in a prime neighborhood near the Auburn and Leicester line, this property combines solid income potential with an easy-to-manage turnkey setup. Don’t miss this rare opportunity to own a well-maintained multi-family in Worcester
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,255
Year Built
- Built in 1890
Lot Details
- 5,467 Sq Ft Lot
- Stone Wall
- Level Lot
- Cleared Lot
Parking
- 2 Car Garage
- Driveway
- On-Street Parking
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,036 Sq Ft Home
- Property has 1 Level
- Cathedral Ceiling
- Ceiling Fan
- Insulated Windows
- Insulated Doors
- Living Room
- Dining Room
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deck
- Patio
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Heard St Discovery Sch Elementary School
- Sullivan Middle Sch
- South High Community Sch
Utilities
- Window Unit Cooling System
- 3 Heating Zones
- Heating System Uses Natural Gas
- Separate Meters
- 220 Volts
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Legal Lot and Block 00002 / 015
- Assessor Parcel Number 1776929
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
Recreation
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $370
- Insurance Expense $3,600
- Water Sewer Expense $3,460
- Operating Expense $7,430
- Net Operating Income $55,200
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 | $6,000 | $454,900 | $75,700 | $379,200 |
| 2024 | $5,860 | $426,200 | $75,700 | $350,500 |
| 2023 | $5,441 | $379,400 | $65,800 | $313,600 |
| 2022 | $4,917 | $323,300 | $52,700 | $270,600 |
| 2021 | $3,948 | $242,500 | $42,200 | $200,300 |
| 2020 | $3,514 | $206,700 | $41,900 | $164,800 |
| 2019 | $3,625 | $201,400 | $36,600 | $164,800 |
| 2018 | $3,687 | $195,000 | $36,600 | $158,400 |
| 2017 | $3,511 | $182,700 | $36,600 | $146,100 |
| 2016 | $3,427 | $166,300 | $26,600 | $139,700 |
| 2015 | $3,338 | $166,300 | $26,600 | $139,700 |
| 2014 | $3,250 | $166,300 | $26,600 | $139,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2025 09/21/25 | Pending | -- | -- | -- |
| 09/20/2025 09/20/25 | For Sale | $740,000 | -- | $244 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $156,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $45,117 | No Value Available | |
| Open | $162,784 | No Value Available | |
| Closed | $159,630 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73433656
APN: WORC-000015-000015-000002
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