$540,000
SOLD AUG 9, 2023
9 Beds
3 Baths
4,587 Sq Ft
4,272 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

10% Below List Price

21 Days on Market

About This Home

As of May 2025

Exceptionally large 3-unit building located in close proximity to Worcester's coveted Canal district (approx. 1/10th mile) and Polar Park (approx. 1/3 mile). Off Street parking. 6 rooms, 3 beds, 1 bathroom in each unit. Long-term tenants-at-will paying below market rent. Gross rent projected at $71,540/ yr ($1990/unit/month) per HUD 2023 Fair Market Rent guidelines. Laundry hookups and storage for each floor. Lead paint certificates issued in 2006. Insulation work by Mass Save as well as updated electrical work completed in 2006. Open house Saturday 5/20 12:30-2:30. Don’t miss out on this opportunity!

Last Agent to Sell the Property

Hunter Enochs

BA Property & Lifestyle Advisors Listed on: 05/16/2023

Last Buyer's Agent

David Stead

RE/MAX Partners

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,336

Year Built

  • Built in 1890

Lot Details

  • 4,272 Sq Ft Lot
  • Gentle Sloping Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • 4,587 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer and Dryer Hookup

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,500
  • Assessor Parcel Number M:04 B:026 L:00032,1765115

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $42,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,336

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Living Area: 4587
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN7401
  • LIST PRICE PER Sq Ft: 130.8
  • PRICE PER Sq Ft: 117.72
  • MAIN SO: K01272

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Steam), Unit 2(Gas), Unit 3(Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:04 B:026 L:00032,1765115
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4272
  • Lot Size Units: Acres
  • PAGE: 347
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7336
  • Tax Book Number: 38667

Multi Family

  • Gross Income: 42600
  • Net Operating Income: 42600
  • Number Of Units Total: 3
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
May 12, 2025
Sold by
Viola Llc
Bought by
Lu Joyce
Seller's Agent
David Stead
RE/MAX Partners
Buyer's Agent
Henry Rowe
Byrnes Real Estate Group LLC
List Price
$890,000
Sold Price
$875,000
Premium/Discount to List
-$15,000
-1.69%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.62%
Original Mortgage
$656,250
Outstanding Balance
$655,674
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,957

Purchase Details

Closed on
Mar 31, 2006
Sold by
Losapio Charlotte A
Bought by
Losapio Charlotte A and Losapio Joseph M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $875,000 None Available
Deed $875,000 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $656,250 Purchase Money Mortgage
Closed $656,250 Purchase Money Mortgage
Previous Owner $359,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $875,000 -1.7% $191 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $890,000 +64.8% $194 / Sq Ft
08/09/2023 08/09/23 Sold $540,000 -10.0% $118 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $600,000 -- $131 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $8,417 $638,100 $57,000 $581,100
2024 $7,688 $559,100 $57,000 $502,100
2023 $7,336 $511,600 $45,700 $465,900
2022 $6,394 $420,400 $36,600 $383,800
2021 $5,748 $353,100 $29,300 $323,800
2020 $5,267 $309,800 $29,400 $280,400
2019 $3,575 $198,600 $29,000 $169,600
2018 $3,487 $184,400 $29,000 $155,400
2017 $3,262 $169,700 $29,000 $140,700
2016 $3,186 $154,600 $23,900 $130,700
2015 $3,103 $154,600 $23,900 $130,700
2014 $3,021 $154,600 $23,900 $130,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73112016

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000026-000032