NOT LISTED FOR SALE
12 Beds
6 Baths
5,592 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: February 6, 2025

Last sale price $1,150,000 $206 Per Sq Ft

13 Days on Market

About This Home

As of February 2025

This well-maintained 6-unit property at 42 Lewis Street in Worcester, Massachusetts, consists of six 2-bedroom/1-bathroom units, totaling 5,592 sq. ft. of living space on a 0.30-acre parcel. Each unit is separately metered for electricity, heat, and hot water, with all utilities paid directly by the tenants. Additionally, the property features ample on-site parking for residents.Positioned on the edge of the South Worcester neighborhood, this property benefits from proximity to major local institutions, including the College of the Holy Cross and Clark University. Worcester's dynamic downtown offers a blend of employment and entertainment options, from the DCU Center and Palladium venues to the UMass Memorial Medical Center, the city's largest employer. With a vibrant student population of over 36,000 across eight colleges and universities, this property represents a valuable investment opportunity in the thriving Worcester rental market.

Last Agent to Sell the Property

Ethan Lazar

Horvath & Tremblay Listed on: 11/01/2024

Last Buyer's Agent

Ethan Lazar

Horvath & Tremblay Listed on: 11/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,333

Year Built

  • Built in 1915

Lot Details

  • 12,996 Sq Ft Lot
  • Level Lot

Home Design

  • 5,592 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • 15 Car Parking Spaces
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $10,235
  • Assessor Parcel Number M:07 B:032 L:00032,1769305

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $660
  • Insurance Expense $4,878
  • Water Sewer Expense $5,400
  • Operating Expense $29,645
  • Net Operating Income $87,034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,333

Year Built

Built in 1915

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1915
  • Levels: 9
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Living Area: 5592
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN2723
  • MAIN SO: AN2723

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 15

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 5400

Lot Info

  • Parcel Number: M:07 B:032 L:00032,1769305
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 12996
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10333

Multi Family

  • Electric Expense: 660
  • Insurance Expense: 4878
  • Net Operating Income: 87034
  • Number Of Units Total: 6
  • Operating Expense: 29645
  • Total Actual Rent: 10235
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • 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
Nov 1, 2024
Closed on
Feb 5, 2025
Sold by
Bought by
Seller's Agent
Ethan Lazar
Horvath & Tremblay
Buyer's Agent
Ethan Lazar
Horvath & Tremblay
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0685%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 15, 2021
Sold by
Bought by
Seller's Agent
Javier Velez
Javier Velez
Buyer's Agent
Christopher Rapacioli
Coldwell Banker Realty - Franklin
List Price
$875,000
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$656,250
Interest Rate
0.027%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2020
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
$480,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2017
Closed on
Mar 22, 2018
Sold by
Bought by
Seller's Agent
Jim Glickman
NAI Glickman Kovago & Jacobs
Buyer's Agent
Frank Rivera
Emerson REALTORS®
List Price
$399,999
Sold Price
$375,000
Premium/Discount to List
-$24,999
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
0.0432%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
$1,150,000 None Available
$875,000 None Available
$600,000 None Available
$375,000 --
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 Borrower Loan Amount
Open $819,000
Closed $150,000
Previous Owner $656,250
Closed $480,000
Previous Owner $281,250
Closed $50,000
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
02/06/2025 02/06/25 Sold $1,150,000 -4.2% $206 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $1,200,000 +37.1% $215 / Sq Ft
09/15/2021 09/15/21 Sold $875,000 0.0% $169 / Sq Ft View Prior Sale
08/12/2021 08/12/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $875,000 +133.3% $169 / Sq Ft
03/21/2018 03/21/18 Sold $375,000 -6.2% $47 / Sq Ft View Prior Sale
11/21/2017 11/21/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $399,999 +6.7% $51 / Sq Ft
10/13/2017 10/13/17 Off Market $375,000 -- --
10/12/2017 10/12/17 For Sale $399,999 -- $51 / 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 $11,380 $862,800 $90,000 $772,800
2024 $10,333 $751,500 $27,000 $724,500
2023 $11,086 $773,100 $48,600 $724,500
2022 $8,326 $547,400 $40,500 $506,900
2021 $5,683 $349,100 $40,500 $308,600
2020 $6,565 $386,200 $40,500 $345,700
2019 $4,754 $264,100 $59,400 $204,700
2018 $4,862 $257,100 $59,400 $197,700
2017 $4,941 $257,100 $59,400 $197,700
2016 $5,274 $255,900 $40,500 $215,400
2015 $5,020 $250,100 $36,800 $213,300
2014 $4,887 $250,100 $36,800 $213,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73308998

MLS Property Information Network (MLS PIN)
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