5 Ashland St Worcester, MA 01609
Elm Park NeighborhoodEstimated payment $7,743/month
About This Home
5 & 7 Ashland Street – 8 Units!! Turnkey 8-family investment in 01609! The property includes six 2-bedroom units and two ground-level 1-bedroom/studio units. All eight units have been fully renovated with high ceilings. Major updates include separate utilities, updated electrical, plumbing, and heating systems, replacement windows, brand-new rear porches, a driveway, and common laundry. Most tenants are on tenant-at-will (TAW) leases. Several units below market rent, offering upside potential -- Current rent roll is $11,450/month!! Great investment opportunity with strong rental income and value-add potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,693
Year Built
- Built in 1890
Lot Details
- 4,356 Sq Ft Lot
Home Design
- 7,436 Sq Ft Home
- Brick Foundation
Bedrooms and Bathrooms
- 14 Bedrooms
- 8 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- 4 Open Parking Spaces
Additional Features
- Partially Finished Basement
Listing and Financial Details
- Assessor Parcel Number M:03 B:029 L:00018,1764158
Community Details
Overview
- 8 Units
- Property has 1 Level
Building Details
- Net Operating Income $137,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,258 | $550,300 | $52,000 | $498,300 |
| 2024 | $6,687 | $486,300 | $52,000 | $434,300 |
| 2023 | $6,598 | $460,100 | $25,800 | $434,300 |
| 2022 | $5,305 | $348,800 | $20,600 | $328,200 |
| 2021 | $5,678 | $348,800 | $16,500 | $332,300 |
| 2020 | $5,930 | $348,800 | $15,300 | $333,500 |
| 2019 | $6,062 | $336,800 | $16,900 | $319,900 |
| 2018 | $5,664 | $299,500 | $16,900 | $282,600 |
| 2017 | $5,272 | $274,300 | $16,900 | $257,400 |
| 2016 | $5,260 | $255,200 | $23,300 | $231,900 |
| 2015 | $4,367 | $217,600 | $23,300 | $194,300 |
| 2014 | $4,252 | $217,600 | $23,300 | $194,300 |
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 |
|---|---|---|---|---|
| 07/09/2026 07/09/26 | For Sale | $1,200,000 | 0.0% | $161 / Sq Ft |
| 02/07/2016 02/07/16 | Rented | $850 | 0.0% | -- |
| 12/15/2015 12/15/15 | Under Contract | -- | -- | -- |
| 11/30/2015 11/30/15 | For Rent | $850 | -- | -- |
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 | $830,000 | -- | |
| Quit Claim Deed | $500,000 | -- | |
| Quit Claim Deed | $217,000 | -- | |
| Deed | $484,000 | -- | |
| Deed | $340,000 | -- | |
| Foreclosure Deed | $200,000 | -- | |
| Deed | $262,500 | -- | |
| Deed | $110,000 | -- | |
| Deed | $85,000 | -- | |
| Deed | $150,000 | -- |
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 |
|---|---|---|---|
| Open | $664,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $1,010,500 | Undefined Multiple Amounts | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $40,000 | Commercial | |
| Previous Owner | $392,000 | Commercial | |
| Closed | $212,000 | Commercial | |
| Closed | $355,000 | Commercial | |
| Previous Owner | $353,000 | Commercial | |
| Previous Owner | $228,750 | Commercial | |
| Previous Owner | $36,400 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73547742
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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