29 Cambridge St Worcester, MA 01603
University Park NeighborhoodEstimated payment $4,022/month
Highlights
- Property is near public transit and schools
- Porch
- Shops
- Wood Flooring
- Park
- Coin Laundry
About This Home
Attention investors! Great opportunity! Fully occupied 3-family home. Each unit features 6 rooms, 3 bedrooms, hardwood floors, and replacement windows. Lead certificates in place for all units, ideal for Section 8 strategy. Recent roof, boiler, oil tanks, and hot water tanks reduce capital expenses. Current rents are below market due to long-term TAW tenants, with clear upside to increase income Convenient location near highways, public transportation, shopping, and colleges. Excellent value-add investment opportunity with immediate and future income growth. Do not miss out! NO SHOWINGS BEFORE THE OPEN HOUSE ON SUNDAY 3;30PM - 4:30PM
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,264
Year Built
- Built in 1900
Lot Details
- 5,341 Sq Ft Lot
- Fenced
- Gentle Sloping Lot
Parking
- Open Parking
Home Design
- Brick Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,746 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Additional Features
- Porch
- Property is near public transit and schools
- Heating System Uses Oil
Listing and Financial Details
- Assessor Parcel Number M:08 B:037 L:00013,1770364
Community Details
Overview
- 3 Units
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Insurance Expense $1,278
- Water Sewer Expense $2,700
- Operating Expense $13,009
- Net Operating Income $43,991
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 | $7,264 | $550,700 | $84,100 | $466,600 |
| 2024 | $7,070 | $514,200 | $84,100 | $430,100 |
| 2023 | $6,542 | $456,200 | $73,100 | $383,100 |
| 2022 | $5,882 | $386,700 | $58,500 | $328,200 |
| 2021 | $4,720 | $289,900 | $46,800 | $243,100 |
| 2020 | $3,757 | $221,000 | $46,500 | $174,500 |
| 2019 | $3,636 | $202,000 | $40,600 | $161,400 |
| 2018 | $3,691 | $195,200 | $40,600 | $154,600 |
| 2017 | $3,500 | $182,100 | $40,600 | $141,500 |
| 2016 | $2,964 | $143,800 | $29,500 | $114,300 |
| 2015 | $2,886 | $143,800 | $29,500 | $114,300 |
| 2014 | $2,810 | $143,800 | $29,500 | $114,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/18/2026 04/18/26 | For Sale | $649,000 | +85.4% | $236 / Sq Ft | |
| 08/16/2019 08/16/19 | Sold | $350,000 | +16.7% | $127 / Sq Ft | View Prior Sale |
| 06/26/2019 06/26/19 | Pending | -- | -- | -- | |
| 06/20/2019 06/20/19 | For Sale | $299,900 | +51.5% | $109 / Sq Ft | |
| 08/16/2016 08/16/16 | Sold | $198,000 | -1.0% | $72 / Sq Ft | View Prior Sale |
| 06/14/2016 06/14/16 | Pending | -- | -- | -- | |
| 05/18/2016 05/18/16 | For Sale | $199,900 | -- | $73 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $200,000 | -- | |
| Deed | $165,000 | -- | |
| Deed | $165,000 | -- | |
| Deed | $165,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $119,500 | -- | |
| Deed | $119,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $337,500 | New Conventional | |
| Closed | $337,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $190,000 | New Conventional | |
| Previous Owner | $132,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73503777
APN: WORC-000008-000037-000013
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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Ask me questions while you tour the home.