NOT LISTED FOR SALE
8 Beds
5 Baths
3,475 Sq Ft
6,533 Sq Ft Lot Lot

Sale Details

Date Sold: June 9, 2025

Last sale price $890,000 $256 Per Sq Ft

9 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Porch

About This Home

As of June 2025

Prime Investment Opportunity – Updated 5-Unit Property in Worcester!Welcome to 78 Elm Street, a well-maintained 5-unit multifamily property ideally located in the heart of Worcester. This turnkey investment offers a strong rental history and excellent cash flow, making it a perfect addition to any investor’s portfolio.The property features a mix of spacious one and two-bedroom layouts, all fully leased at competitive market rents with room for future growth.Additional highlights include separate utilities, ample off-street parking, and a low-maintenance exterior. Conveniently located near local universities, hospitals, public transportation, and downtown Worcester’s shops and restaurants, this property is a smart buy in a fast-growing rental market. Monthly rent of $7,790

Last Agent to Sell the Property

Enis Shehu

Cameron Real Estate Group - Framingham Listed on: 04/09/2025

Last Buyer's Agent

Johnny Long

PRIVI Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,642

Year Built

  • Built in 1890

Lot Details

  • 6,533 Sq Ft Lot
  • Cleared Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Listing and Financial Details

  • Total Actual Rent $7,790
  • Assessor Parcel Number 1764123

Community Details

Overview

  • 5 Units
  • Property has 2 Levels

Building Details

  • Water Sewer Expense $2,098
  • Operating Expense $6,876
  • Net Operating Income $86,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,642

Year Built

Built in 1890

Lot Details

6,533 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1890
  • Levels: 9
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full
  • Above Grade Finished Sq Ft: 2975
  • Below Grade Sq Ft: 500
  • Living Area: 3475
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AC0756
  • MAIN SO: AN6354

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2098

Lot Info

  • Parcel Number: 1764123
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6533
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6642

Multi Family

  • Net Operating Income: 86604
  • Number Of Units Total: 5
  • Operating Expense: 6876
  • Total Actual Rent: 7790
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
06/09/2025 06/09/25 Sold $890,000 +11.4% $256 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $799,000 +85.0% $230 / Sq Ft
12/28/2022 12/28/22 Sold $432,000 +8.3% $162 / Sq Ft View Prior Sale
11/15/2022 11/15/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $399,000 -- $150 / 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 $6,642 $503,600 $56,500 $447,100
2024 $6,137 $446,300 $56,500 $389,800
2023 $6,867 $478,900 $88,500 $390,400
2022 $5,959 $391,800 $70,800 $321,000
2021 $4,524 $277,900 $56,600 $221,300
2020 $4,116 $242,100 $52,400 $189,700
2019 $4,282 $237,900 $56,000 $181,900
2018 $4,100 $216,800 $56,000 $160,800
2017 $3,892 $202,500 $56,000 $146,500
2016 $4,310 $209,100 $34,900 $174,200
2015 $4,197 $209,100 $34,900 $174,200
2014 $4,086 $209,100 $34,900 $174,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73356874

MLS Property Information Network (MLS PIN)
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