$825,000
SOLD JUN 18, 2026
8 Beds
6 Baths
5,216 Sq Ft
4,920 Sq Ft Lot

Sale Details

Date Sold: June 18, 2026

$158 Per Sq Ft

9 Days on Market

About This Home

As of June 2026

This centrally located value-add 6-unit property at 38 Benefit in Worcester, Massachusetts, consists of four 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, totaling 5,216 sq. ft. of living space on a 0.11-acre parcel. Each unit is separately metered for heat and electricity, and the owner is responsible for hot water and municipal water & sewer. The property benefits from brand new high efficiency Navien hot water heaters. Three of the six units have been recently renovated featuring new kitchens, updated bathrooms, and new flooring. There is an opportunity to dramatically increase rents in both the renovated units and through targeted upgrades to the remaining unrenovated units as all units are currently TAW. Listed at a 7.95% cap rate, this property represents a strong investment opportunity in the growing Worcester market.

Last Agent to Sell the Property

Ethan Lazar

Horvath & Tremblay Listed on: 04/14/2026

Last Buyer's Agent

Ermal Taraj

Cameron Real Estate Group - Framingham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,690

Year Built

  • Built in 1900

Lot Details

  • 4,920 Sq Ft Lot
  • Corner Lot

Home Design

  • 5,216 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Car Parking Spaces
  • Off-Street Parking

Additional Features

  • Basement

Listing and Financial Details

  • Total Actual Rent $7,800
  • Assessor Parcel Number M:06 B:031 L:00010,1767893

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $660
  • Insurance Expense $6,263
  • Water Sewer Expense $2,245
  • Operating Expense $23,333
  • Net Operating Income $78,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,690

Year Built

Built in 1900

Lot Details

4,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Above Grade Finished Sq Ft: 5216
  • Living Area: 5216
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN2723
  • MAIN SO: AC0756

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 4
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2245

Lot Info

  • Parcel Number: M:06 B:031 L:00010,1767893
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4920
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 6690

Multi Family

  • Electric Expense: 660
  • Insurance Expense: 6263
  • Net Operating Income: 78600
  • Number Of Units Total: 6
  • Operating Expense: 23333
  • Total Actual Rent: 7800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2026
Closed on
Jun 16, 2026
Sold by
Bought by
Seller's Agent
Ethan Lazar
Horvath & Tremblay
Buyer's Agent
Ermal Taraj
Cameron Real Estate Group - Framingham
List Price
$825,000
Sold Price
$825,000
Views
3

Purchase Details

Listed on
Aug 16, 2018
Closed on
Jan 25, 2019
Sold by
Bought by
Seller's Agent
Sonya Atherley
RTN Realty Advisors LLC.
Buyer's Agent
Sonya Atherley
RTN Realty Advisors LLC.
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$224,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 14, 2013
Closed on
Jan 6, 2014
Sold by
Bought by
Seller's Agent
William Meng
Friendly Realty & Trade
Buyer's Agent
William Meng
Friendly Realty & Trade
List Price
$229,800
Sold Price
$190,000
Premium/Discount to List
-$39,800
-17.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$142,500
Interest Rate
4.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 2, 2001
Sold by
Bought by

Purchase Details

Closed on
May 1, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 1988
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $825,000 --
Quit Claim Deed $280,000 --
Quit Claim Deed $190,000 --
Deed $310,000 --
Deed $115,000 --
Deed $85,000 --
Deed $175,000 --
Deed $152,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $480,000 Unknown
Previous Owner $442,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $224,000 Commercial
Closed $142,500 Commercial
Closed $147,750 Commercial
Previous Owner $87,000 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2026 06/18/26 Sold $825,000 0.0% $158 / Sq Ft
04/23/2026 04/23/26 Pending -- -- --
04/14/2026 04/14/26 For Sale $825,000 +166.1% $158 / Sq Ft
02/02/2019 02/02/19 Sold $310,000 -5.8% $59 / Sq Ft View Prior Sale
11/13/2018 11/13/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $329,000 +73.2% $63 / Sq Ft
01/06/2014 01/06/14 Sold $190,000 -17.3% $37 / Sq Ft View Prior Sale
12/07/2013 12/07/13 Pending -- -- --
09/14/2013 09/14/13 For Sale $229,800 -- $45 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,788 $438,800 $27,000 $411,800
2024 $5,196 $377,900 $27,000 $350,900
2023 $5,626 $392,300 $48,600 $343,700
2022 $5,220 $343,200 $40,500 $302,700
2021 $4,514 $277,300 $40,500 $236,800
2020 $4,140 $243,500 $40,500 $203,000
2019 $4,174 $231,900 $44,600 $187,300
2018 $4,251 $224,800 $44,600 $180,200
2017 $4,321 $224,800 $44,600 $180,200
2016 $4,411 $214,000 $40,500 $173,500
2015 $4,084 $203,500 $30,000 $173,500
2014 $5,082 $260,100 $30,000 $230,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73501042

MLS Property Information Network (MLS PIN)
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