$659,900
SOLD SEP 16, 2021
5 Beds
5 Baths
3,376 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

4 Days on Market

Highlights

  • Medical Services
  • Jogging Path
  • Shops
  • Property is near public transit
  • Park
  • Coin Laundry

About This Home

As of September 2021

Excellent investor opportunity in the highly coveted WPI / Elm Park area!!! This 5 unit building features many upgrades over the past year. Four units have been updated & one unit has a new heating system. Two - 2 bedroom units, One- big 1 bedroom unit & 2 studios / small 1 bedrooms. The vacant 2 BR unit features brand new shaker style cabinets, SS appliances & granite countertops. Much of the charm & character has been preserved in this property & is evident upon opening the front door into the large hallway that showcases the natural woodwork & beautiful main staircase. High ceilings too! There is a small driveway that can accommodate 2 cars tandem (think no big plowing bills!). Tenants pay their own utilities w/ the exception of water & sewer. This could be a great building for anyone needing a property for a 1031 exchange. Great PAYING tenants too! Truly a low maintenance building & a hidden gem. Get in on Worcester's rapidly rising real estate market while you still can!

Last Agent to Sell the Property

Jackie Painchaud

The Neighborhood Realty Group Listed on: 07/20/2021

The Neighborhood Realty Group

Last Buyer's Agent

David Eldredge

Realty Solutions Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,522

Year Built

  • Built in 1900

Parking

  • 2 Car Parking Spaces

Interior Spaces

  • 3,376 Sq Ft Home
  • Property has 1 Level
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • 3,920 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $4,510
  • Assessor Parcel Number M:02 B:039 L:00045,1763391

Community Details

Overview

  • 5 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Insurance Expense $2,900
  • Operating Expense $2,900
  • Net Operating Income $69,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,522

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 2(Wood Flooring)
  • Interior Amenities: Unit 2(Crown Molding,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range,Disposal,Refrigerator)
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Living Area: 3376
  • Stories Total: 3
  • MAIN LO: AN6800
  • LIST PRICE PER Sq Ft: 195.47
  • PRICE PER Sq Ft: 195.47
  • MAIN SO: AN0200

Exterior Features

  • Foundation Details: Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • Parcel Number: M:02 B:039 L:00045,1763391
  • Zoning: BO-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3812
  • PAGE: 281

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6522
  • Tax Book Number: 63790

Multi Family

  • Gross Income: 69720
  • Insurance Expense: 2900
  • Net Operating Income: 69720
  • Number Of Units Total: 5
  • Operating Expense: 2900
  • Total Actual Rent: 4510
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

Similar Homes in Worcester, MA

  • 385 Pleasant St, Worcester, MA 01609

    $599,999

    • 4 Beds
    • 4.5 Baths
    • 4,964 Sq Ft
    • 385 Pleasant St
    • Worcester, MA

    Exceptional Mixed-Use Opportunity – 385 Pleasant St, Worcester!Located in the desirable Elm Park area, this well-maintained property, with two separate dwellings, features 2 residential units and 1 street-level commercial space totaling approx. 3,200 sq ft in BL-1 zoning. One unit is tenant-occupied at below-market rent, offering immediate upside potential. The second residential unit is newly

    James Bahnan RE/MAX Partners

    Section Image
  • 1025 Main St, Worcester, MA 01603

    $649,000

    • 6 Beds
    • 2.5 Baths
    • 4,690 Sq Ft
    • 1025 Main St
    • Worcester, MA

    This versatile commercial/residential building offers strong cash flow potential. Centrally positioned on Main Street the ground floor features a 1,365 sq. ft. commercial space, ideal for a restaurant or other business, equipped with: Central air conditioning, Grease deposit for culinary ventures. The second and third floors each boast spacious, sun-filled 3-bedroom apartments. Highlights of Unit

    Lia Carminati Be Live in Realty

    Section Image
  • 1 Dayton Place, Worcester, MA 01609

    $529,000

    • 4 Beds
    • 2 Baths
    • 1,425 Sq Ft
    • 1 Dayton Place
    • Worcester, MA

    WPI 2 family (.4 miles to campus) on a dead end street with lots of parking. Recently remodeled 2nd floor is vacant for an owner occupant. Can be utilized as Two 2 BR units or combined to be one large unit with 5 BR 2 kitchens and 2 Baths to maximize rental income. What else can you say a move in ready 2 family with parking for under $550k. Won't last, set up your showing today. Coin Op laundry

    Brian Allen Property Investors & Advisors, LLC

    Section Image
  • 21 John St, Worcester, MA 01609

    $605,000

    • 5 Beds
    • 4 Baths
    • 2,663 Sq Ft
    • 21 John St
    • Worcester, MA

    2 Units Delivered Vacant! Attention Investors and Owner Occupants! This 4 unit property is ready for your vision and profits. The two top units have been updated and have new bathrooms, floors and windows. The bottom units are rented to Worcester Housing long term tenants. There is a huge walk up attic space with lots of potential! Add the attic space to the rear unit and now you have a

    Radhy Pena Pondside Realty

    Section Image
  • 18 Bowdoin St, Worcester, MA 01609

    $595,000

    • 7 Beds
    • 2 Baths
    • 2,421 Sq Ft
    • 18 Bowdoin St
    • Worcester, MA

    Amazing Opportunity to own this well-maintained and recently updated 2 Family ideally located close to WPI and conveniently located near local shops, public transportation, restaurants and parks. This property offers an excellent investment opportunity with a 3-bedroom unit on the first floor, rented to WPI students through May 2026, and a vacant 4 bedroom unit on the upper floor. Unit 2 rent is

    Brian Allen Property Investors & Advisors, LLC

    Section Image
  • 52 Cedar St, Worcester, MA 01609

    $550,000

    • 4 Beds
    • 2.5 Baths
    • 6,109 Sq Ft
    • 52 Cedar St
    • Worcester, MA

    MULTIPLE OFFERS - Seller Requests Best and Final Offers by 5:00 p.m. on June 23, 2025. Versatile Commercial & Residential building in a prime location! The property features office space on the first and basement levels, ideal for professional use, with ample layout flexibility. The upper floors offer two spacious residential units, one on each of the second and third floors—each designed for

    Spencer Fortwengler OWN IT

    Section Image
  • 2 Oxford Place, Worcester, MA 01609

    $769,900

    • 5 Beds
    • 5 Baths
    • 4,032 Sq Ft
    • 2 Oxford Place
    • Worcester, MA

    Rare find–the “Whitney-Dodd” house (1851), is a huge 4032 sq-ft home w/ 4+ bedrooms, five baths, two renovated kitchens, two laundry rooms, and a private yard located in the quaint historic Crown Hill neighborhood. Full of charm and elegance with original hardwoods, period marble mantelpieces, high ceilings and custom woodwork throughout. Originally built as a multi-family home(currently SF),you

    Macey Gaumond Michael Toomey & Associates, Inc.

    Section Image
  • 230 Pleasant St, Worcester, MA 01609

    $650,000

    • 7 Beds
    • 3 Baths
    • 2,976 Sq Ft
    • 230 Pleasant St
    • Worcester, MA

    This fully occupied 3-family property in Worcester is a fantastic opportunity for investors seeking a stable income stream. With steady cash flow, this property offers immediate rental income and long-term potential in a growing market. The location is a key selling point, with everything Worcester has to offer right at your doorstep. Whether you're looking to add to your portfolio or make your

    Erika Ramsland Byrnes Real Estate Group LLC

    Section Image
  • 3 Oxford Place, Worcester, MA 01609

    $674,900

    • 4 Beds
    • 2 Baths
    • 2,471 Sq Ft
    • 3 Oxford Place
    • Worcester, MA

    Two strong offers fell through before deposit due to buyer circumstances...their loss is your opportunity! Just reduced and priced to sell! Here’s your chance to own a beautifully renovated, turn-key two-family in Worcester’s Crown Hill Historic District, just blocks from the Hanover Theatre, City Hall, Elm Park, Polar Park, and WPI. Tucked on a quiet dead-end street with rare working gas

    Rheault Real Est Team Coldwell Banker Realty - Worcester

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $659,900 0.0% $195 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $659,900 +50.0% $195 / Sq Ft
11/19/2020 11/19/20 Sold $440,000 -1.3% $130 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $445,900 -- $132 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72868588

MLS Property Information Network (MLS PIN)