$1,250,000
OPEN SAT 2PM - 3:30PM

340 Hamilton St Worcester, MA 01604

Grafton Hill Neighborhood

Estimated payment $7,345/month

Total Views 2,606
8 Beds
3.5 Baths
4,578 Sq Ft
$273 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit
  • Community Pool
  • Open Floorplan
  • Solid Surface Countertops
  • Tennis Courts

About This Home

This 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.

Listing Agent

James Kalogeropoulos

RE/MAX Partners Listed on: 10/06/2025

RE/MAX Partners

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,288

Year Built

  • Built in 1930

Lot Details

  • 5,644 Sq Ft Lot
  • Near Conservation Area
  • 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
  • Open Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Bulkhead
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

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

Listing and Financial Details

  • 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

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,288

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1930
  • Levels: 4
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: OpenHouse
  • Stories: 4

Interior Features

  • Flooring: Vinyl, Carpet
  • Interior Amenities: Studio, Open Floorplan, Smart Thermostat, Remodeled, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Storage, Laundry Room, Office/Den, Living Room, Kitchen, Dining Room
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: None, Range, Microwave, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Laundry Features: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Walk-Out Access, Bulkhead, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 4578
  • Living Area: 4578
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Box/Bay/Bow Window(s), Insulated Windows
  • MAIN LO: G62134

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 13

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: Wall Unit(s), None, Window Unit(s)
  • Heating: Forced Air, Natural Gas, Individual
  • Cooling Y N: No
  • Electric: 100 Amp Service, Common, Individually Metered, Varies per Unit
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other, Sidewalks
  • 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))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2832

Lot Info

  • Parcel Number: M:18 B:040 L:00002,1781198
  • Zoning: BL-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Other
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5644
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Thermostat, Varies per Unit

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8288

Multi Family

  • Electric Expense: 132
  • Insurance Expense: 3436
  • Net Operating Income: 87657
  • Number Of Units Total: 4
  • Operating Expense: 16143
  • Total Actual Rent: 8650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 2

Map

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

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 For Sale $1,250,000 -- $273 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Not Resolvable $400,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,387,500 Commercial
Previous Owner $379,200 New Conventional
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73439968

MLS Property Information Network (MLS PIN)

APN: WORC-000018-000040-000002

Massachusetts Worcester County Worcester 01604 Grafton Hill

340 Hamilton St, Worcester, MA

This home is located at 340 Hamilton St, Worcester, MA 01604 and is currently priced at $1,250,000, approximately $273 per square foot. This property was built in 1930. 340 Hamilton St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Lake View Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes
James Kalogeropoulos
Listing Agent
James Kalogeropoulos
Section Image
RE/MAX Partners
(508) 290-8256