Michael Giovangelo
Better Living Real Estate, LLC
(774) 341-5232
59 Total Sales
1 in University Park
$550,000 Price
62 May St Worcester, MA 01610
University Park Neighborhood
10
Beds
3
Baths
3,765
Sq Ft
6,009
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Balcony
- Property is near public transit and schools
- Corner Lot
- Porch
About This Home
As of June 2026Exceptional 3-family investment opportunity in a prime Worcester location. Ideal for both investors and owner-occupants, this property presents an opportunity for steady cash flow and long-term value. The fully renovated third-floor unit, complete with a brand-new heating system, adds immediate value and reduces future capital expenses, making this a smart long-term hold. The remaining units provide steady rental income, and each unit features washer and dryer hookups. With a pro forma cap rate exceeding 7%, this is a solid income-producing asset with upside. Conveniently located near major highways, shopping, dining, and local amenities, this property is a standout addition to any portfolio.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,605
Year Built
- Built in 1890
Lot Details
- 6,009 Sq Ft Lot
- Corner Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,765 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Range
- Washer and Dryer Hookup
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- 3 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit and schools
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $4,200
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:06 B:022 L:00045,1767609
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Additional Features
- 3 Units
- Net Operating Income $50,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2026
Closed on
Jun 10, 2026
Sold by
Scudder Bay Capital Llc
Bought by
Seller's Agent
The Decotis Group
Lyv Realty
Buyer's Agent
Carmen De La Cruz
Property Investors & Advisors, LLC
List Price
$699,900
Sold Price
$700,000
Premium/Discount to List
$100
0.01%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.71%
Purchase Details
Listed on
Nov 25, 2018
Closed on
Jan 7, 2019
Sold by
Zizza Michael
Bought by
Scudder Bay Capital Llc
Seller's Agent
James McMullen
Boston Seaport Real Estate
Buyer's Agent
James McMullen
Boston Seaport Real Estate
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Purchase Details
Closed on
Jul 25, 2003
Sold by
62 May St Rt and Dugan
Bought by
Hamilton Jennifer
Purchase Details
Closed on
Jan 6, 2003
Sold by
Hampton Properties Llc
Bought by
Zizza Michael
Purchase Details
Closed on
Mar 4, 1996
Sold by
Department Of Housing & Urban Dev
Bought by
62 May Street Rt and Wielandt
Purchase Details
Closed on
Aug 1, 1995
Sold by
Brown Carl and Usa Sec Hsg & Urban Dev
Bought by
Department Of Housing & Urban Dev
Home Values in the Area
Average Home Value in this Area
Agents Specializing in University Park, MA
-
Michael Giovangelo
-
ZhiChao Chen
ZhiChao Chen
SPACE CY REALTY LIMITED
(855) 528-1854
142 Total Sales
2 in University Park
$265K - $390K Price Range
-
Doug Tammelin
Doug Tammelin
Coldwell Banker Realty - Leominster
(978) 990-7784
156 Total Sales
1 in University Park
$485,000 Price
-
Monique Frigon
Monique Frigon
RE/MAX Generations
(413) 992-3209
154 Total Sales
1 in University Park
$675,000 Price
-
Michele Myles
Michele Myles
Lamacchia Realty, Inc.
(978) 829-4852
23 Total Sales
1 in University Park
$555,000 Price
-
Mary Stolarczyk
Mary Stolarczyk
RE/MAX Vision
(774) 703-4116
104 Total Sales
1 in University Park
$643,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $700,000 | -- | |
| Quit Claim Deed | $335,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $325,000 | -- | |
| Deed | $32,500 | -- | |
| Foreclosure Deed | $62,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $20,000,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $26,000 | No Value Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2026 06/18/26 | Sold | $700,000 | 0.0% | $186 / Sq Ft | |
| 04/22/2026 04/22/26 | Pending | -- | -- | -- | |
| 04/14/2026 04/14/26 | For Sale | $699,900 | +112.1% | $186 / Sq Ft | |
| 01/10/2019 01/10/19 | Sold | $330,000 | -5.4% | $88 / Sq Ft | View Prior Sale |
| 12/01/2018 12/01/18 | Pending | -- | -- | -- | |
| 11/25/2018 11/25/18 | For Sale | $349,000 | -- | $93 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,605 | $652,400 | $89,700 | $562,700 |
| 2024 | $8,363 | $608,200 | $89,700 | $518,500 |
| 2023 | $7,739 | $539,700 | $78,000 | $461,700 |
| 2022 | $6,963 | $457,800 | $62,400 | $395,400 |
| 2021 | $6,053 | $371,800 | $49,900 | $321,900 |
| 2020 | $5,639 | $331,700 | $49,500 | $282,200 |
| 2019 | $5,188 | $288,200 | $43,200 | $245,000 |
| 2018 | $5,255 | $277,900 | $43,200 | $234,700 |
| 2017 | $4,957 | $257,900 | $43,200 | $214,700 |
| 2016 | $4,868 | $236,200 | $31,800 | $204,400 |
| 2015 | $4,741 | $236,200 | $31,800 | $204,400 |
| 2014 | $4,615 | $236,200 | $31,800 | $204,400 |
Source: Public Records
Agents Affiliated with this Home
-
The Decotis Group
Seller's Agent in 2026
The Decotis Group
Lyv Realty
(978) 210-3030
2 in this area
77 Total Sales
-
Jamie Decotis
Seller Co-Listing Agent in 2026
Jamie Decotis
Lyv Realty
(781) 910-1954
2 in this area
21 Total Sales
-
Ashley DeCotis
AD
Seller Co-Listing Agent in 2026
Ashley DeCotis
Lyv Realty
(978) 210-3030
2 in this area
48 Total Sales
-
Carmen De La Cruz
CD
Buyer's Agent in 2026
Carmen De La Cruz
Property Investors & Advisors, LLC
(774) 606-7509
1 in this area
11 Total Sales
-
JM
Seller's Agent in 2019
James McMullen
Boston Seaport Real Estate
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73501533
APN: WORC-000006-000022-000045
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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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