40 Aetna St Worcester, MA 01604
Union HIll NeighborhoodEstimated payment $6,386/month
Highlights
- Property is near public transit and schools
- Corner Lot
- Living Room
- Wood Flooring
- Enclosed Patio or Porch
- Shops
About This Home
This LARGE well-maintained building features a desirable unit mix with (3) large 4-bedroom apartments and (2) renovated lower-level units (one 2-bedroom and one 1-bedroom). There are solid rents in place with room for improvement. Each spacious 4-bedroom unit offers a sunny living room, eat-in kitchen, full bath, separate laundry room, and enclosed front porch. The property also includes a shared driveway with parking for four cars, separately metered utilities, individual electrical panels, and a newer central alarm system. Ongoing updates include new appliances, hot water tanks, and other improvements throughout. Located in the sought-after Grafton Hill neighborhood, the property is close to bus stops, the train station, restaurants, the new Polar Park development, and offers easy highway access via I-290. Strong rental area with steady tenant demand. An excellent addition to any investment portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,980
Year Built
- Built in 1920
Lot Details
- 3,995 Sq Ft Lot
- Corner Lot
Home Design
- Frame Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,873 Sq Ft Home
- Living Room
- Wood Flooring
Bedrooms and Bathrooms
- 15 Bedrooms
- 5 Full Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Car Parking Spaces
- Off-Street Parking
Utilities
- 5 Heating Zones
- 220 Volts
Additional Features
- Enclosed Patio or Porch
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number 1765313
Community Details
Overview
- 5 Units
- Property has 1 Level
Additional Features
- Shops
- Net Operating Income $112,800
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 | $11,980 | $908,300 | $41,900 | $866,400 |
| 2024 | $12,048 | $876,200 | $41,900 | $834,300 |
| 2023 | $12,903 | $899,800 | $65,500 | $834,300 |
| 2022 | $11,207 | $736,800 | $52,400 | $684,400 |
| 2021 | $11,292 | $693,600 | $41,900 | $651,700 |
| 2020 | $10,132 | $596,000 | $38,800 | $557,200 |
| 2019 | $4,874 | $270,800 | $41,500 | $229,300 |
| 2018 | $4,608 | $243,700 | $41,500 | $202,200 |
| 2017 | $4,330 | $225,300 | $41,500 | $183,800 |
| 2016 | $5,866 | $284,600 | $26,500 | $258,100 |
| 2015 | $5,712 | $284,600 | $26,500 | $258,100 |
| 2014 | $5,561 | $284,600 | $26,500 | $258,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | Pending | -- | -- | -- |
| 01/14/2026 01/14/26 | Price Changed | $1,049,000 | -4.6% | $179 / Sq Ft |
| 11/05/2025 11/05/25 | For Sale | $1,100,000 | -- | $187 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73451587
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