
38 1/2 Bowdoin St Worcester, MA 01609
Elm Park NeighborhoodEstimated payment $2,909/month
Highlights
- Medical Services
- Community Pool
- Living Room
- Property is near public transit
- Tennis Courts
- Park
About This Home
Don’t miss this fantastic investment property in a highly convenient Worcester location! This well-maintained multi-family home offers strong rental income with low upkeep. First-floor unit: Spacious 3-bedroom layout. Second-floor unit: Features 2 bedrooms plus a versatile bonus room—perfect for a home office or extra storage. Ample closet and storage space in both units. Shared basement laundry for tenant convenience. Expansive attic space with potential for storage or future expansion. On-street parking and easy access to public transportation, with a bus line just steps away. Prime location near schools, shopping, and more! This is a rare chance to own a solid income-generating property in a sought-after area. Schedule your showing today!
Last Listed By
George Nanis
Property Investors & Advisors, LLC Listed on: 03/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,808
Year Built
- Built in 1910
Lot Details
- 2,039 Sq Ft Lot
- Fenced
- Level Lot
Parking
- Open Parking
Home Design
- Stone Foundation
- Frame Construction
Interior Spaces
- 2,266 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 2 Heating Zones
- Heating System Uses Natural Gas
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:02 B:039 L:0151,4604495
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
Additional Features
- 2 Units
- Net Operating Income $35,940
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 | $5,110 | $387,400 | $49,100 | $338,300 |
2024 | $4,808 | $349,700 | $49,100 | $300,600 |
2023 | $4,506 | $314,200 | $42,700 | $271,500 |
2022 | $4,181 | $274,900 | $34,200 | $240,700 |
2021 | $3,593 | $220,700 | $27,300 | $193,400 |
2020 | $3,329 | $195,800 | $27,100 | $168,700 |
2019 | $3,758 | $208,800 | $23,700 | $185,100 |
2018 | $3,640 | $192,500 | $23,700 | $168,800 |
2017 | $3,435 | $178,700 | $23,700 | $155,000 |
2016 | $3,508 | $170,200 | $17,800 | $152,400 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/20/2025 04/20/25 | Pending | -- | -- | -- |
03/27/2025 03/27/25 | For Sale | $449,000 | +54.8% | $198 / Sq Ft |
12/04/2020 12/04/20 | Sold | $290,000 | +3.6% | $128 / Sq Ft |
11/05/2020 11/05/20 | Pending | -- | -- | -- |
10/28/2020 10/28/20 | For Sale | $279,900 | -- | $124 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Available | |
Quit Claim Deed | -- | None Available | |
Not Resolvable | $290,000 | None Available | |
Deed | -- | -- | |
Deed | -- | -- | |
Not Resolvable | $186,000 | -- | |
Deed | -- | -- | |
Deed | -- | -- | |
Deed | $209,900 | -- | |
Deed | $209,900 | -- | |
Deed | $723,000 | -- | |
Deed | $723,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $592,500 | Stand Alone Refi Refinance Of Original Loan | |
Closed | $592,500 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $139,500 | New Conventional | |
Previous Owner | $210,000 | No Value Available | |
Previous Owner | $167,900 | Commercial | |
Previous Owner | $542,000 | Commercial |
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Source: MLS Property Information Network (MLS PIN)
MLS Number: 73351015

APN: WORC-02-039-00015
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