$950,000

Estimated payment $5,672/month

Total Views 230
11 Beds
4 Baths
3,900 Sq Ft
$244 Price per Sq Ft

Highlights

  • Golf Course Community
  • Property is near public transit
  • Community Pool
  • Medical Services
  • Wood Flooring
  • Jogging Path

About This Home

Beautifully updated 4-unit multifamily for sale in Worcester’s highly desirable Shrewsbury Street/East Park area! This exceptional investment property features three spacious and renovated 3-bedroom apartments plus a charming 1-bedroom unit with direct walk-out to the backyard. Each unit offers oversized kitchens with dining areas, washer/dryer hookups, and modern remodeled bathrooms. Major updates include a brand-new roof, maintenance-free vinyl siding, energy-efficient double-pane windows. There's a fully fenced yard with a driveway gate. The second-floor unit is equipped with a ductless mini-split system providing efficient heating and cooling. Conveniently located just steps from East Park, Shrewsbury Street’s popular restaurants and nightlife, and the Boston commuter rail, with quick access to major highways in under two minutes. With incredible cash flow potential, low operating expenses, and strong rental demand, this is the ideal property for investors seeking turnkey income

Listing Agent

David Stead

RE/MAX Partners Listed on: 10/06/2025

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,380

Year Built

  • Built in 1900

Lot Details

  • 3,144 Sq Ft Lot
  • Near Conservation Area
  • Fenced

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,900 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:01 B:035 L:00078,1762562

Community Details

Overview

  • 4 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $191
  • Insurance Expense $5,180
  • Water Sewer Expense $2,789
  • Operating Expense $15,028
  • Net Operating Income $40,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,380

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Levels: 4
  • Year Built Details: Approximate,Certified Historic
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Internet Available - Broadband, High Speed Internet, Living Room, Kitchen
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 11
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Above Grade Finished Sq Ft: 3900
  • Living Area: 3900
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: G62134

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Ductless
  • Heating: Ductless
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2789

Lot Info

  • Parcel Number: M:01 B:035 L:00078,1762562
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3144
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7380

Multi Family

  • Electric Expense: 191
  • Insurance Expense: 5180
  • Net Operating Income: 40260
  • Number Of Units Total: 4
  • Operating Expense: 15028
  • Total Actual Rent: 7205
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

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 List to Sale Price per Sq Ft Prior Sale
10/06/2025 10/06/25 For Sale $950,000 +111.1% $244 / Sq Ft
10/29/2021 10/29/21 Sold $450,000 0.0% $115 / Sq Ft View Prior Sale
06/24/2021 06/24/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $450,000 -- $115 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73440351

MLS Property Information Network (MLS PIN)