Seller's Agent in 2025
James Black
Real Broker MA, LLC
(508) 365-3532
13 in this area
835 Total Sales
5 Massasoit Rd Worcester, MA 01604
Grafton Hill Neighborhood
4
Beds
2.5
Baths
4,112
Sq Ft
4,053
Sq Ft Lot
Highlights
- Golf Course Community
- City View
- Wood Flooring
- Medical Services
- Property is near public transit
- Corner Lot
About This Home
As of February 2025**BACK ON MARKET; previous buyer unable to secure financing giving you a second chance at this great property!** Entrepreneurs and investors, this one's for you! This mixed-use building in the heart of Worcester is a dynamic blend of commercial and residential space. A newly vacant commercial unit is a blank canvas; transform the space to suit your specific needs. Formerly utilized for food service so can be easily revamped for the same or redesigned into countless possibilities for a new venture. Bring your business plans to fruition while having the added bonus of an additional $3,575 revenue from the residential units above. Well-maintained, spacious 2 bedroom units have in-unit laundry and separate utilities. Location is second to none within close proximity to highway access, Polar Park, and colleges. Now is the time to seize this opportunity and make your mark!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,058
Year Built
- Built in 1920
Lot Details
- 4,053 Sq Ft Lot
- Near Conservation Area
- Corner Lot
- Level Lot
- Cleared Lot
Home Design
- Triplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,112 Sq Ft Home
- Living Room
- Dining Room
- Home Office
- City Views
Kitchen
- Range
- Microwave
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 3 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Total Actual Rent $6,075
- Assessor Parcel Number M:34 B:001 L:00021,1792230
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Building Details
- Electric Expense $240
- Insurance Expense $4,300
- Water Sewer Expense $4,600
- Operating Expense $23,036
- Net Operating Income $49,864
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2017
Closed on
Jan 19, 2018
Sold by
Arthur R Granger T
Bought by
Twomey James and Twomey Maryellen
Seller's Agent
Joseph Abramoff
BA Property & Lifestyle Advisors
Buyer's Agent
Kristin Duffy
William Raveis R.E. & Home Services
List Price
$419,000
Sold Price
$400,000
Premium/Discount to List
-$19,000
-4.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,304
Avg. Annual Appreciation
5.25%
Original Mortgage
$300,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 1, 1995
Sold by
Margolis Paul A
Bought by
Granger Arthur
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $400,000 | -- | |
| Deed | $51,000 | -- | |
| Deed | $51,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $442,500 | Purchase Money Mortgage | |
| Closed | $442,500 | Purchase Money Mortgage | |
| Closed | $352,800 | Commercial | |
| Closed | $300,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2025 02/19/25 | Sold | $590,000 | -1.7% | $143 / Sq Ft |
| 12/24/2024 12/24/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | For Sale | $599,900 | 0.0% | $146 / Sq Ft |
| 09/08/2024 09/08/24 | Pending | -- | -- | -- |
| 09/03/2024 09/03/24 | For Sale | $599,900 | 0.0% | $146 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 08/02/2024 08/02/24 | For Sale | $599,900 | 0.0% | $146 / Sq Ft |
| 07/22/2024 07/22/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $599,900 | +27.5% | $146 / Sq Ft |
| 08/26/2022 08/26/22 | Sold | $470,400 | 0.0% | $103 / Sq Ft |
| 02/02/2021 02/02/21 | Pending | -- | -- | -- |
| 01/16/2021 01/16/21 | Off Market | $470,400 | -- | -- |
| 01/11/2021 01/11/21 | Pending | -- | -- | -- |
| 11/30/2020 11/30/20 | Price Changed | $499,999 | -5.5% | $110 / Sq Ft |
| 07/29/2020 07/29/20 | For Sale | $529,000 | +32.3% | $116 / Sq Ft |
| 01/19/2018 01/19/18 | Sold | $400,000 | -4.5% | $88 / Sq Ft |
| 10/31/2017 10/31/17 | Pending | -- | -- | -- |
| 10/30/2017 10/30/17 | For Sale | $419,000 | 0.0% | $92 / Sq Ft |
| 10/25/2017 10/25/17 | Pending | -- | -- | -- |
| 10/18/2017 10/18/17 | For Sale | $419,000 | 0.0% | $92 / Sq Ft |
| 10/13/2017 10/13/17 | Pending | -- | -- | -- |
| 10/11/2017 10/11/17 | For Sale | $419,000 | -- | $92 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | -- | $522,900 | $130,200 | $392,700 |
| 2024 | -- | $465,600 | $130,200 | $335,400 |
| 2023 | $0 | $583,300 | $113,200 | $470,100 |
| 2022 | $0 | $465,100 | $90,600 | $374,500 |
| 2021 | $0 | $310,000 | $72,500 | $237,500 |
| 2020 | $8,288 | $299,800 | $67,100 | $232,700 |
| 2019 | $5,940 | $294,100 | $63,600 | $230,500 |
| 2018 | $0 | $232,900 | $63,600 | $169,300 |
| 2017 | $0 | $232,900 | $63,600 | $169,300 |
| 2016 | -- | $218,400 | $53,400 | $165,000 |
| 2015 | -- | $218,400 | $53,400 | $165,000 |
| 2014 | -- | $218,400 | $53,400 | $165,000 |
Source: Public Records
Agents Affiliated with this Home
-
James Black
-
Thu Nguyen
T
Buyer's Agent in 2025
Thu Nguyen
Coldwell Banker Realty - Northborough
1 in this area
6 Total Sales
-
Joseph Abramoff
Seller's Agent in 2022
Joseph Abramoff
BA Property & Lifestyle Advisors
(508) 667-8254
4 in this area
135 Total Sales
-
Jeffrey Incutto
Seller Co-Listing Agent in 2022
Jeffrey Incutto
BA Property & Lifestyle Advisors
(774) 239-4269
1 in this area
53 Total Sales
-
M
Buyer's Agent in 2022
Michael Hoefling
Hoefling Real Estate LLC
-
Kristin Duffy
Buyer's Agent in 2018
Kristin Duffy
William Raveis R.E. & Home Services
(978) 549-5086
40 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73266036
APN: WORC-000034-000001-000021
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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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