$640,000
SOLD JAN 23, 2025

5 Benham St Worcester, MA 01604

Grafton Hill Neighborhood
5 Beds
4 Baths
2,847 Sq Ft
6,155 Sq Ft Lot

Recently Sold

$225 Per Sq Ft

3% Below List Price

45 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Living Room
  • Property is near public transit
  • Window Unit Cooling System
  • Dining Room

About This Home

As of January 2025

Discover this impressive four-unit property in the desirable Grafton Hill area! This investment features two spacious oversized one-bedroom units, a bright and airy two-bedroom unit, and a generous studio unit. Enjoy two decks perfect for entertaining and ample off-street parking for residents and guests. Each unit has separate utilities, enhancing convenience and efficiency. Located just a short walk from schools and shopping, and only 2.5 miles from UMASS Medical School, this property offers an ideal location for tenants. Current rents present the opportunity for potential increases, making this a prime investment for savvy buyers. Don't miss out on this great opportunity to enhance your real estate portfolio!

Last Agent to Sell the Property

David Stead

RE/MAX Partners

RE/MAX Partners

Last Buyer's Agent

Candor Realty Group

Four Points Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,629

Year Built

  • Built in 1900

Lot Details

  • 6,155 Sq Ft Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,847 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Range
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 5 Car Parking Spaces
  • Unpaved Parking
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • High Speed Internet

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $4,700
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:38 B:012 L:00146,1796595

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Electric Expense $400
  • Insurance Expense $3,000
  • Water Sewer Expense $2,000
  • Operating Expense $5,400
  • Net Operating Income $44,371

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,629

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Internet Available - Broadband, Living Room, Kitchen, Dining Room
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry
  • Living Area: 2847
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Insulated Windows
  • MAIN LO: G62134
  • LIST PRICE PER Sq Ft: 231.82
  • PRICE PER Sq Ft: 224.8
  • MAIN SO: AN5498

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved, Unpaved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s), Central Air
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • Hot Water: Tank

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2000

Lot Info

  • Parcel Number: M:38 B:012 L:00146,1796595
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6155
  • Lot Size Units: Acres
  • PAGE: 134
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6629
  • Tax Book Number: 19109

Multi Family

  • Electric Expense: 400
  • Gross Income: 56400
  • Insurance Expense: 3000
  • Net Operating Income: 44371
  • Number Of Units Total: 4
  • Operating Expense: 5400
  • Total Actual Rent: 4700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 2
  • FLRS 2: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $640,000 -3.0% $225 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $660,000 -- $232 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73308484

MLS Property Information Network (MLS PIN)

APN: WORC M:38 B:012 L:00146

Massachusetts Worcester County Worcester 01604 Grafton Hill

5 Benham St, Worcester, MA

Homes for Sale in Worcester, MA

This home is located at 5 Benham St, Worcester, MA 01604 and is currently priced at $640,000, approximately $224 per square foot. This property was built in 1900. 5 Benham St is a home located in Worcester County with nearby schools including Roosevelt Elementary School, Jacob Hiatt Magnet School, and Chandler Magnet.

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