32 Hemans St Worcester, MA 01605
Indian Lake East NeighborhoodEstimated payment $1,610/month
Highlights
- Property is near public transit and schools
- No HOA
- Shops
- Corner Lot
- Park
About This Lot
Prime development opportunity. Previously permitted for a four-unit residential building, this property offers an excellent opportunity for development in a highly convenient Worcester location. Although the prior permits have lapsed, the seller retains all previously approved plans, which can serve as valuable reference materials for reapplication. Prospective buyers are encouraged to contact the Worcester Building Department for guidance on the reissuance process. This parcel presents flexibility for a variety of investment strategies—build to rent and enjoy steady long-term income, or develop and sell as individual condominium units. Savvy investors may also wish to explore potential benefits under Opportunity Zone incentives. Ideally situated with easy access to downtown Worcester, shopping, dining, fitness centers, recreational amenities, and major routes.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,381
Lot Details
- 8,025 Sq Ft Lot
- Corner Lot
- Level Lot
- Property is zoned RG-5
Location
- Property is near public transit and schools
Listing and Financial Details
- Legal Lot and Block 00009 / 029
- Assessor Parcel Number 1771399
Community Details
Recreation
- Park
- Electricity Available at Street
Additional Features
- No Home Owners Association
- Shops
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 | $1,291 | $97,900 | $97,900 | $0 |
| 2024 | $1,346 | $97,900 | $97,900 | $0 |
| 2023 | $1,220 | $85,100 | $85,100 | $0 |
| 2022 | $1,036 | $68,100 | $68,100 | $0 |
| 2021 | $887 | $54,500 | $54,500 | $0 |
| 2020 | $944 | $55,500 | $54,100 | $1,400 |
| 2019 | $875 | $48,600 | $47,200 | $1,400 |
| 2018 | $919 | $48,600 | $47,200 | $1,400 |
| 2017 | $934 | $48,600 | $47,200 | $1,400 |
| 2016 | $719 | $34,900 | $33,500 | $1,400 |
| 2015 | $700 | $34,900 | $33,500 | $1,400 |
| 2014 | $682 | $34,900 | $33,500 | $1,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/15/2026 03/15/26 | For Sale | $280,000 | +7.7% | -- | |
| 05/28/2021 05/28/21 | Sold | $260,000 | -10.3% | -- | View Prior Sale |
| 03/15/2021 03/15/21 | Pending | -- | -- | -- | |
| 03/10/2021 03/10/21 | For Sale | $289,900 | +447.0% | -- | |
| 12/13/2019 12/13/19 | Sold | $53,000 | -24.3% | -- | View Prior Sale |
| 10/21/2019 10/21/19 | Pending | -- | -- | -- | |
| 10/03/2019 10/03/19 | For Sale | $70,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $260,000 | None Available | |
| Not Resolvable | $90,000 | None Available | |
| Not Resolvable | $53,000 | None Available | |
| Quit Claim Deed | $46,600 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $34,950 | New Conventional |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73486836
APN: WORC-000009-000029-000009
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