Seller's Agent in 2025
James Kalogeropoulos
RE/MAX
(508) 635-8259
2 in this area
86 Total Sales
340 Hamilton St Worcester, MA 01604
Grafton Hill Neighborhood
8
Beds
3.5
Baths
4,578
Sq Ft
5,644
Sq Ft Lot
Highlights
- Beach Front
- Open Floorplan
- Solid Surface Countertops
- Medical Services
- Property is near public transit and schools
- Community Pool
About This Home
As of December 2025This well-maintained four-unit mixed-use property features three updated residential apartments and one ground-floor retail space, all fully stabilized with strong market rents. Each apartment offers gas forced hot-air heating systems, in-unit washer/dryer hookups, new flooring, fresh paint, and modern updates throughout, providing comfortable, low-maintenance living for tenants. The building has been thoughtfully cared for inside and out, featuring a newly paved driveway with ample parking and attractive curb appeal. Situated in a high-demand rental area surrounded by local amenities, schools, and major routes, this property is an excellent choice for both owner-occupants and investors seeking a turnkey, income-producing asset in a thriving Worcester market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,288
Year Built
- Built in 1930
Lot Details
- 5,644 Sq Ft Lot
- Beach Front
- Level Lot
Home Design
- Quadruplex
- Studio
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,578 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Insulated Windows
- Insulated Doors
- Living Room
- Dining Room
- Home Office
- Storage
- Washer and Dryer Hookup
Kitchen
- Range
- Microwave
- Solid Surface Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Bathtub with Shower
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 13 Car Parking Spaces
- Driveway
- Paved Parking
- 13 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Rain Gutters
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Forced Air Heating System
- 4 Heating Zones
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Separate Meters
- 100 Amp Service
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $8,650
- Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks)), unit 3(water other (see remarks)), unit 4(water other (see remarks))
- Assessor Parcel Number M:18 B:040 L:00002,1781198
Community Details
Overview
- 4 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $132
- Insurance Expense $3,436
- Water Sewer Expense $2,832
- Operating Expense $16,143
- Net Operating Income $87,657
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2025
Closed on
Dec 18, 2025
Sold by
Premier Rental Prop Llc
Bought by
San Pran Souf Llc
Seller's Agent
James Kalogeropoulos
RE/MAX Partners
Buyer's Agent
Steven Pizzarella
RE/MAX Partners
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.89%
Original Mortgage
$826,594
Outstanding Balance
$825,805
Interest Rate
6.22%
Mortgage Type
Commercial
Estimated Equity
-$173,997
Purchase Details
Closed on
Mar 10, 2022
Sold by
5 & 7 Ashland Street Llc
Bought by
Premier Rental Prop Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Interest Rate
3.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 16, 2019
Sold by
Lorraine Starr Irt
Bought by
5 & 7 Ashland Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,200
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2013
Sold by
Starr Lorraine
Bought by
Lorraine Starr Irt and Mararian
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,200,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Not Resolvable | $400,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $826,594 | Commercial | |
| Previous Owner | $1,387,500 | Commercial | |
| Previous Owner | $379,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2025 12/19/25 | Sold | $1,200,000 | -4.0% | $262 / Sq Ft |
| 10/16/2025 10/16/25 | Pending | -- | -- | -- |
| 10/06/2025 10/06/25 | For Sale | $1,250,000 | -- | $273 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | -- | $628,400 | $117,900 | $510,500 |
| 2024 | -- | $549,900 | $117,900 | $432,000 |
| 2023 | $0 | $594,400 | $102,500 | $491,900 |
| 2022 | $0 | $474,200 | $82,000 | $392,200 |
| 2021 | $0 | $398,600 | $65,600 | $333,000 |
| 2020 | $4,194 | $213,500 | $41,400 | $172,100 |
| 2019 | $4,297 | $205,700 | $39,200 | $166,500 |
| 2018 | $0 | $202,300 | $39,200 | $163,100 |
| 2017 | $0 | $202,300 | $39,200 | $163,100 |
| 2016 | -- | $191,400 | $32,800 | $158,600 |
| 2015 | -- | $191,400 | $32,800 | $158,600 |
| 2014 | $4,013 | $191,400 | $32,800 | $158,600 |
Source: Public Records
Agents Affiliated with this Home
-
James Kalogeropoulos
-
Steven Pizzarella
Buyer's Agent in 2025
Steven Pizzarella
RE/MAX
(774) 275-1229
2 in this area
92 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73439968
APN: WORC-000018-000040-000002
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