7 Shawmut St Worcester, MA 01609
Crown Hill-Piedmont Neighborhood
9
Beds
3
Baths
5,082
Sq Ft
4,745
Sq Ft Lot
Highlights
- Wood Flooring
- Enclosed patio or porch
- Living Room
- Balcony
- Bathtub with Shower
- Park
About This Home
As of December 2024*** Attention investors *** Rare opportunity to own a massive 3 family in the highly desirable Worcester market. Conveniently located within walking distance of historical Elm Park. First time on the market in 52 years! Units 1&2 are occupied at under market rents. Units 1&3 will be delivered vacant. Based on HUD fair market rents and with some TLC, this property can generate over $6,600 in monthly income. Two boilers & water heaters were replaced in 6/2023. Electric panels updated for all 3 units including landlord panel. Many replacement vinyl windows. Massive floor plans with large kitchen, family, dining, and living room, each with 3 bedrooms and 1 bath. Many rooms have carpet with original hardwoods underneath. Each unit has its own front enclosed porch and back porch with extra storage closet. In-unit laundry available in each unit. Bring your vision and transform this large 3-decker into a stunning investment!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Commonwealth Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,221
Year Built
- Built in 1890
Lot Details
- 4,745 Sq Ft Lot
- Cleared Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 5,082 Sq Ft Home
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Washer Hookup
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Parking
- 1 Car Parking Space
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Enclosed patio or porch
- Rain Gutters
Utilities
- 3 Heating Zones
- Heating System Uses Natural Gas
- Heating System Uses Steam
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $2,400
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Legal Lot and Block 00073 / 004
- Assessor Parcel Number M:06 B:004 L:00073,1766900
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Park
Building Details
- Electric Expense $150
- Insurance Expense $4,162
- Water Sewer Expense $2,011
- Operating Expense $16,073
- Net Operating Income $12,231
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | $665,000 | +2.3% | $131 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | For Sale | $650,000 | 0.0% | $128 / Sq Ft |
| 10/11/2024 10/11/24 | Pending | -- | -- | -- |
| 10/07/2024 10/07/24 | For Sale | $650,000 | -- | $128 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $9,000 | $682,300 | $61,300 | $621,000 |
| 2024 | $8,221 | $597,900 | $61,300 | $536,600 |
| 2023 | $7,845 | $547,100 | $49,200 | $497,900 |
| 2022 | $6,834 | $449,300 | $39,400 | $409,900 |
| 2021 | $6,471 | $397,500 | $31,500 | $366,000 |
| 2020 | $5,925 | $348,500 | $31,600 | $316,900 |
| 2019 | $4,885 | $271,400 | $31,200 | $240,200 |
| 2018 | $4,750 | $251,200 | $31,200 | $220,000 |
| 2017 | $4,428 | $230,400 | $31,200 | $199,200 |
| 2016 | $4,334 | $210,300 | $25,400 | $184,900 |
| 2015 | $4,221 | $210,300 | $25,400 | $184,900 |
| 2014 | $4,109 | $210,300 | $25,400 | $184,900 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $498,750 | Purchase Money Mortgage | |
| Closed | $498,750 | Purchase Money Mortgage | |
| Previous Owner | $25,000 | No Value Available | |
| Previous Owner | $92,000 | No Value Available | |
| Previous Owner | $5,075 | No Value Available | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $12,100 | No Value Available | |
| Previous Owner | $35,000 | No Value Available | |
| Previous Owner | $25,000 | No Value Available | |
| Previous Owner | $5,000 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Similar Homes in Worcester, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73299263
APN: WORC-000006-000004-000073
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