Kim McKean
Lamacchia Realty, Inc.
(774) 541-2921
98 Total Sales
1 in Elm Park
$232,657 Price
7 Shawmut St Worcester, MA 01609
Elm Park NeighborhoodEstimated Value: $779,964
9
Beds
3
Baths
5,082
Sq Ft
$153/Sq Ft
Est. Value
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
Coldwell Banker Realty - Worcester Listed on: 10/07/2024
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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
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
Closed on
Jun 24, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Oct 7, 2024
Closed on
Dec 30, 2024
Sold by
Bought by
Seller's Agent
Gary Savoie
Coldwell Banker Realty - Worcester
Buyer's Agent
Sohrab Khan
MIG
List Price
$650,000
Sold Price
$665,000
Premium/Discount to List
$15,000
2.31%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$498,750
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 28, 2017
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Elm Park, MA
-
Kim McKean
-
Team Valdez Mejia
Team Valdez Mejia
Keller Williams Realty
(351) 208-2030
156 Total Sales
1 in Elm Park
$520,000 Price
-
James Kalogeropoulos
James Kalogeropoulos
RE/MAX Partners
(774) 545-8720
84 Total Sales
5 in Elm Park
$520K - $1.5M Price Range
-
Arman Mavai
Arman Mavai
Gibson Sotheby's International Realty
(781) 317-6094
59 Total Sales
1 in Elm Park
$300,000 Price
-
ZhiChao Chen
ZhiChao Chen
SPACE CY REALTY LIMITED
(855) 528-1854
147 Total Sales
1 in Elm Park
$385,000 Price
-
Juliana Danquah
Juliana Danquah
Responds QuicklyXSell Realty, LLC
(774) 515-4040
107 Total Sales
1 in Elm Park
$155,000 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| $665,000 | None Available | ||
| -- | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $498,750 | ||
| Previous Owner | $25,000 | ||
| Previous Owner | $92,000 | ||
| Previous Owner | $5,075 | ||
| Previous Owner | $100,000 | ||
| Closed | $12,100 | ||
| Closed | $35,000 | ||
| Previous Owner | $25,000 |
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 |
|---|---|---|---|---|
| 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
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 | $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
Agents Affiliated with this Home
-
Gary Savoie
Seller's Agent in 2024
Gary Savoie
Coldwell Banker Realty - Worcester
(401) 651-3953
1 in this area
13 Total Sales
-
Sohrab Khan
S
Buyer's Agent in 2024
Sohrab Khan
MIG
(617) 678-6843
1 in this area
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73299263
APN: WORC-000006-000004-000073
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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