40 Howland Terrace Worcester, MA 01602
Newton Square NeighborhoodEstimated payment $3,598/month
Highlights
- Very Popular Property
- Property is near public transit
- Attic
- Medical Services
- Wood Flooring
- Solid Surface Countertops
About This Home
An exceptional investment or owner-occupant opportunity on Worcester’s West Side, this updated two-family residence blends modern upgrades with classic appeal. Each apartment offers 2 bedrooms, hardwood floors, recessed lighting, and in-unit laundry hookups. The kitchens are thoughtfully updated with stainless-steel appliances, granite countertops, and shaker-style cabinetry. The first floor features a large porch perfect for enjoying morning coffee, while the second floor boasts a sun-filled room framed by insulated windows and access to a spacious walk-up attic, offering the option for additional living space. Outdoors, enjoy a generous yard bordered by a wooded backdrop, perfect for added privacy. Other recent upgrades include new boiler & hot water tank in 2021. New rubber roof over the sunroom also in 2021 This versatile property provides both immediate comfort and long-term value in a sought-after location.
Open House Schedule
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Saturday, September 20, 202511:00 am to 1:00 pm9/20/2025 11:00:00 AM +00:009/20/2025 1:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,100
Year Built
- Built in 1916
Lot Details
- 7,475 Sq Ft Lot
- Gentle Sloping Lot
Parking
- Open Parking
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
- Rubber Roof
Interior Spaces
- 2,000 Sq Ft Home
- Property has 1 Level
- Combination Dining and Living Room
- Storage
- Washer and Dryer
- Attic
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- Bulkhead
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 2 Heating Zones
- Heating System Uses Natural Gas
- Separate Meters
Listing and Financial Details
- Rent includes unit 1(heat hot water), unit 2(heat hot water)
- Assessor Parcel Number M:24 B:021 L:00025,1785081
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Insurance Expense $1,822
- Water Sewer Expense $340
- Operating Expense $10,216
- Net Operating Income $29,024
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 | $6,100 | $462,500 | $117,700 | $344,800 |
| 2024 | $5,863 | $426,400 | $117,700 | $308,700 |
| 2023 | $5,475 | $381,800 | $102,400 | $279,400 |
| 2022 | $5,260 | $345,800 | $81,900 | $263,900 |
| 2021 | $4,033 | $247,700 | $65,500 | $182,200 |
| 2020 | $3,811 | $224,200 | $65,500 | $158,700 |
| 2019 | $3,910 | $217,200 | $58,900 | $158,300 |
| 2018 | $3,844 | $203,300 | $58,900 | $144,400 |
| 2017 | $3,661 | $190,500 | $58,900 | $131,600 |
| 2016 | $3,539 | $171,700 | $42,900 | $128,800 |
| 2015 | $3,446 | $171,700 | $42,900 | $128,800 |
| 2014 | $3,578 | $183,100 | $42,900 | $140,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2025 09/13/25 | For Sale | $580,000 | +33.3% | $290 / Sq Ft |
| 09/03/2021 09/03/21 | Sold | $435,000 | +2.4% | $218 / Sq Ft |
| 08/04/2021 08/04/21 | Pending | -- | -- | -- |
| 07/07/2021 07/07/21 | For Sale | $425,000 | +11.8% | $213 / Sq Ft |
| 11/17/2020 11/17/20 | Sold | $380,000 | +8.6% | $190 / Sq Ft |
| 10/17/2020 10/17/20 | Pending | -- | -- | -- |
| 10/12/2020 10/12/20 | For Sale | $349,900 | -- | $175 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $435,000 | None Available | |
| Not Resolvable | $380,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Not Resolvable | $228,109 | -- | |
| Foreclosure Deed | $248,179 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $326,250 | Purchase Money Mortgage | |
| Previous Owner | $213,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $215,000 | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $208,000 | New Conventional | |
| Previous Owner | $9,000 | No Value Available | |
| Previous Owner | $135,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73430368
APN: WORC-000024-000021-000025
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