56 Olga Ave Worcester, MA 01605
Bell Hill NeighborhoodEstimated payment $4,636/month
Highlights
- Property is near public transit
- Balcony
- Tandem Parking
- Wood Flooring
- Porch
- Window Unit Cooling System
About This Home
This well-maintained 3-family multifamily property with a 5 year newer roof is in a convenient Worcester location. Each unit features 3 bedrooms and 1 full bath, spacious eat-in kitchens, separate living areas, generous storage, and private porches. Washer/dryer hookups on each floor (machines tenant-owned) with rear hall storage areas.The property is fully occupied with long-term, responsible tenants and offers below-market rents, providing excellent upside potential. Exterior highlights include vinyl siding, a private fenced backyard shared by all units, tandem off-street parking for up to four cars, plus ample on-street parking. Ideally located near restaurants, shopping, UMass Memorial and St. Vincent Hospitals, with easy access to I-290 and Route 9 (Belmont St.). Turn-key investment with strong cash flow potential and owner-occupant opportunity. First floor Lease ends October 2026. Others are TAW.
Open House Schedule
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Saturday, December 27, 202511:00 am to 1:00 pm12/27/2025 11:00:00 AM +00:0012/27/2025 1:00:00 PM +00:00Add to Calendar
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Sunday, December 28, 202511:00 am to 1:00 pm12/28/2025 11:00:00 AM +00:0012/28/2025 1:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,213
Year Built
- Built in 1913
Lot Details
- 4,773 Sq Ft Lot
- Level Lot
Home Design
- Triplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 4,002 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Living Room
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Parking
- 4 Car Parking Spaces
- Tandem Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Heating System Uses Steam
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 1778033
Community Details
Recreation
- Park
Additional Features
- 3 Units
- Shops
- Net Operating Income $56,856
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 | $9,213 | $698,500 | $78,600 | $619,900 |
| 2024 | $8,444 | $614,100 | $78,600 | $535,500 |
| 2023 | $8,104 | $565,100 | $68,300 | $496,800 |
| 2022 | $7,048 | $463,400 | $54,700 | $408,700 |
| 2021 | $6,258 | $384,400 | $43,800 | $340,600 |
| 2020 | $4,847 | $285,100 | $43,400 | $241,700 |
| 2019 | $4,837 | $268,700 | $37,900 | $230,800 |
| 2018 | $4,047 | $214,000 | $37,900 | $176,100 |
| 2017 | $3,790 | $197,200 | $37,900 | $159,300 |
| 2016 | $3,615 | $175,400 | $27,500 | $147,900 |
| 2015 | $3,520 | $175,400 | $27,500 | $147,900 |
| 2014 | $3,427 | $175,400 | $27,500 | $147,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/16/2025 12/16/25 | For Sale | $735,900 | +180.0% | $184 / Sq Ft | |
| 07/31/2017 07/31/17 | Sold | $262,800 | +7.3% | $65 / Sq Ft | View Prior Sale |
| 06/06/2017 06/06/17 | Pending | -- | -- | -- | |
| 06/02/2017 06/02/17 | For Sale | $245,000 | 0.0% | $60 / Sq Ft | |
| 05/30/2017 05/30/17 | Pending | -- | -- | -- | |
| 05/26/2017 05/26/17 | For Sale | $245,000 | -- | $60 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $262,800 | -- | |
| Deed | $190,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,660 | New Conventional |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73462408
APN: WORC-000016-000009-000034
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