26 Lee St Worcester, MA 01602
Salisbury Street NeighborhoodEstimated payment $25,157/month
Highlights
- 0.68 Acre Lot
- 4 Car Garage
- 4-minute walk to Elm Park
- Corner Lot
About This Home
Four-building, 12-unit multifamily portfolio in Worcester’s desirable WPI district, offering 44 bedrooms across 15,354 SF and $423,600 in annual gross income. All properties are within walking distance of each other on quiet residential streets near Worcester Polytechnic Institute, supporting strong, consistent student-driven rental demand. Portfolio includes: 188 Park Ave, a 3-unit, 14-bed property with renovated units, modern finishes, and $130,800/year income plus $30,000+ in scheduled rent increases; 26 Lee St, a 3-unit, 12-bed 1893 three-story with detached garage and $114,000/year income; 31 Lee St, a 3-unit, 10-bed Victorian directly across from 26 Lee generating $91,200/year; and 36 Westland St, a 3-unit, 8-bed shingle-style home with detached garage and $87,600/year income. Entire portfolio also available as MLS #73488551 and may be sold in various building combinations.
Listing Agent
Douglas Elliman Real Estate - Park Plaza Listed on: 04/09/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,837
Year Built
- Built in 1900
Lot Details
- 29,758 Sq Ft Lot
- Corner Lot
Parking
- 4 Car Garage
- Driveway
- 12 Open Parking Spaces
- Off-Street Parking
Home Design
- Block Foundation
- Stone Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 15,834 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 44 Bedrooms
- 15 Full Bathrooms
Listing and Financial Details
- Assessor Parcel Number 1773003
Community Details
Overview
- 12 Units
Building Details
- Operating Expense $61,056
- Net Operating Income $332,544
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 | $8,659 | $656,500 | $118,300 | $538,200 |
| 2024 | $8,455 | $614,900 | $118,300 | $496,600 |
| 2023 | $7,828 | $545,900 | $102,900 | $443,000 |
| 2022 | $7,039 | $462,800 | $82,300 | $380,500 |
| 2021 | $6,131 | $376,600 | $65,900 | $310,700 |
| 2020 | $5,506 | $323,900 | $65,900 | $258,000 |
| 2019 | $5,711 | $317,300 | $59,300 | $258,000 |
| 2018 | $5,800 | $306,700 | $59,300 | $247,400 |
| 2017 | $5,503 | $286,300 | $59,300 | $227,000 |
| 2016 | $5,357 | $259,900 | $43,400 | $216,500 |
| 2015 | $5,216 | $259,900 | $43,400 | $216,500 |
| 2014 | $5,088 | $260,400 | $43,400 | $217,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | For Sale | $4,200,000 | -- | $265 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $464,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $130,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $348,000 | New Conventional | |
| Previous Owner | $225,300 | Purchase Money Mortgage | |
| Previous Owner | $230,000 | Purchase Money Mortgage | |
| Previous Owner | $40,000 | No Value Available | |
| Previous Owner | $240,000 | No Value Available | |
| Previous Owner | $128,200 | Purchase Money Mortgage |
About the Listing Agent
The Brody Murphy Novak Group (BMN Boston) stands among the upper echelon of Boston's luxury real estate teams, combining unparalleled market knowledge with personalized service. Ranked as a Top 3 small team at Douglas Elliman and recognized as the #1 small team in 2024 and 2025, BMN Boston brings together over 25 years of combined experience and more than $700 million in sales volume. The team's success stems from their unique ability to blend sophisticated market analysis with genuine client
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Source: MLS Property Information Network (MLS PIN)
MLS Number: 73499072
APN: WORC-000011-000006-000008
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Ask me questions while you tour the home.