$499,900
SOLD MAY 27, 2022
12 Beds
2 Baths
3,160 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

9% Below List Price

15 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Corner Lot
  • Property is near public transit
  • 1 Fireplace
  • 3-minute walk to Grant Square

About This Home

As of May 2022

Unique 2 family home with a 5 BR unit and a 7 BR unit. Great opportunity for significant cash flow! Fully occupied and well maintained. Rents are under market value and potential for increased subsidies is substantial. Tenants are up to date on rent. Fully insulated and super high efficiency hot water heaters replaced in 2020. Sale is contingent on seller's 1031 exchange - property identified and UAG. Buyer/buyer's agent to do their own due diligence.

Last Agent to Sell the Property

Dawn Szczygiel

Castinetti Realty Group Listed on: 03/05/2022

Last Buyer's Agent

Liana Williams

Fort Hill Brokerage Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,449

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Brick Foundation
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,160 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $3,395
  • Assessor Parcel Number 1762041

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $40,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,449

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1915
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Laminate,Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Walk-Out Access
  • Living Area: 3160
  • Stories Total: 3
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 157.91
  • PRICE PER Sq Ft: 158.2
  • MAIN SO: NB5039

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Electric: 220 Volts, Circuit Breakers, 200+ Amp Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: 1762041
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.4
  • Lot Size Units: Acres
  • LOT SIZE: 6088
  • PAGE: 157

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5448.92
  • Tax Book Number: 59601

Multi Family

  • Gross Income: 40740
  • Net Operating Income: 40740
  • Number Of Units Total: 2
  • Total Actual Rent: 3395
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Oct 26, 2018
Sold by
9 Forestdale Rt
Bought by
Saltman Steven
Seller's Agent
Mike Duran
Limitless Real Estate Group, LLC
Buyer's Agent
Dawn Szczygiel
Castinetti Realty Group
List Price
$249,900
Sold Price
$270,000
Premium/Discount to List
$20,100
8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Closed on
Jan 29, 2018
Sold by
Roberts Hefin
Bought by
9 Forestdale Rt

Purchase Details

Closed on
Oct 19, 2011
Sold by
9 Forestdale Road Llc
Bought by
Roberts Hefin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2008
Sold by
Najem Christine
Bought by
9 Forestdale Road Llc

Purchase Details

Closed on
Feb 8, 2007
Sold by
Grabouski M Patricia E and Obrien Jacquelyn
Bought by
Najem Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Worcester, MA

  • 1022 Main St, Worcester, MA 01603

    $539,000

    • 8 Beds
    • 3 Baths
    • 2,472 Sq Ft
    • 1022 Main St
    • Worcester, MA

    Opportunity knocks with this unique mixed-use property just a short walk from Clark University! Featuring 12 rooms, 6 bedrooms, 3 full baths, and 1 half bath, this property offers great potential for investors or homeowners. With a 7,592 sq.ft. lot and 2,500 sq.ft. of living space, the home includes a partially finished basement with room for more, plus parking for 7+ cars on a paved

    ZhiChao Chen Space Realty

    Section Image
  • 104 Pleasant St, Worcester, MA 01609

    $550,000

    • 8 Beds
    • 6 Baths
    • 6,056 Sq Ft
    • 104 Pleasant St
    • Worcester, MA

    MULTIPLE OFFERS - Seller Requests Best and Final Offers by 11:00 a.m. on June 23, 2025. Prime mixed-use building offering excellent income potential! Features a vacant ground-floor commercial space, ideal for retail, office, or service use, with exceptional visibility. Above are two spacious residential units, each with four bedrooms and two full bathrooms, perfect for tenants or owner-occupants.

    Spencer Fortwengler OWN IT

    Section Image
  • 1 Cottage St, Worcester, MA 01609

    $565,000

    • 8 Beds
    • 3 Baths
    • 2,579 Sq Ft
    • 1 Cottage St
    • Worcester, MA

    *PRICE IMPROVEMENT!* Fantastic opportunity to own a 2 unit muti-family in a sought-after location! Close proximity to WPI, Becker, Worcester State, Worcester airport, Elm Park, and so many incredible restaurants and shops! Just minutes to 290. UNIT 1 - located on the first floor boats 3 bedrooms, 2 full baths, & mini splits! UNIT 2 totals 5 bedrooms & 2 full bathrooms spanning two floors! Floor

    Maura Viteritti Berkshire Hathaway HomeServices Commonwealth Real Estate

    Section Image
  • 84 Chatham St, Worcester, MA 01609

    $550,000

    • 9 Beds
    • 4 Baths
    • 4,845 Sq Ft
    • 84 Chatham St
    • Worcester, MA

    Located in a highly sought-after rental area of the city, this spacious multi-family home offers classic charm and strong investment potential. Each floor features original hardwood flooring and timeless architectural details, including elegant, vintage stairwell railings that add character throughout.The property boasts three generous bedrooms per floor, with two full bathrooms on the first

    Richard Glasberg ERA Key Realty Services

    Section Image
  • 4 Fay St, Worcester, MA 01604

    $599,900

    • 9 Beds
    • 3 Baths
    • 3,746 Sq Ft
    • 4 Fay St
    • Worcester, MA

    3-Family 9 Beds | 6 room Units – Diamond in the Rough! Fantastic investor opportunity near downtown Worcester. This spacious 3-family features large units with great potential for rental income or owner-occupancy. Ample off-street parking, separate utilities, and circuit breakers in place. Property needs a new roof and some TLC, but with the right vision, it can be a true income-generating asset.

    David Hill Central MA Homes

    Section Image
  • 46 Townsend St, Worcester, MA 01609

    $515,000

    • 10 Beds
    • 5.5 Baths
    • 3,031 Sq Ft
    • 46 Townsend St
    • Worcester, MA

    Live rent Free , great home for owner occupied! 3 family house or Great investment 1 floor will be vacant . This non traditional 3 unit included in law with 2 bedrooms and full bath . First floor has 3 bedrooms and 2 bathrooms one with jacuzzi, 2 floor with 3 beds and 1 bath and 3 floor 2 beds and 1 bath. Each unit pays their own electric and heat . 8 paved parking spaces and 2 to 3 off

    Barbara Desilus Precision Home Realty LLC

    Section Image
  • 7 & 7.5 Hudson St, Worcester, MA 01609

    $568,000

    • 12 Beds
    • 5 Baths
    • 5,871 Sq Ft
    • 7 & 7.5 Hudson St
    • Worcester, MA

    This property features a three-family home in need of extensive rehab, along with a separate livable single-family house on the same lot. The three-family offers strong potential for rental income once fully renovated and brought back to life. The single-family home can be rented out or occupied while work is being done on the three-family, providing added flexibility. Ideal for investors,

    James Kalogeropoulos RE/MAX Partners

    Section Image
  • 32 Ames St, Worcester, MA 01604

    $575,000

    • 9 Beds
    • 3 Baths
    • 3,852 Sq Ft
    • 32 Ames St
    • Worcester, MA

    Open House moved AGAIN! (12-28-2022) We are working on access to the units-we do apologize. This Large 3 Family in the Heart of Worcester has good rental income. Great opportunity for investors looking to add to their investment portfolio featuring a 6/3/1 layout, each unit has its own living room and kitchen plus ample storage space. This multi has new gutters, newer roof and vinyl windows. New

    James Black Real Broker MA, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Not Resolvable $270,000 --
Not Resolvable $163,000 --
Not Resolvable $135,000 --
Deed -- --
Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $374,900 Purchase Money Mortgage
Previous Owner $113,400 Stand Alone Refi Refinance Of Original Loan
Previous Owner $101,250 Purchase Money Mortgage
Previous Owner $156,000 Purchase Money Mortgage
Previous Owner $19,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $650,000 +30.0% $207 / Sq Ft
05/27/2022 05/27/22 Sold $499,900 +0.2% $158 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/18/2022 03/18/22 Price Changed $499,000 -9.1% $158 / Sq Ft
03/05/2022 03/05/22 For Sale $549,000 +103.3% $174 / Sq Ft
10/26/2018 10/26/18 Sold $270,000 +8.0% $85 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $249,900 -- $79 / 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 $7,199 $545,800 $90,300 $455,500
2024 $6,835 $497,100 $90,300 $406,800
2023 $6,396 $446,000 $78,500 $367,500
2022 $5,912 $388,700 $62,800 $325,900
2021 $5,449 $334,700 $50,200 $284,500
2020 $5,069 $298,200 $49,900 $248,300
2019 $4,363 $242,400 $43,500 $198,900
2018 $4,257 $225,100 $43,500 $181,600
2017 $4,044 $210,400 $43,500 $166,900
2016 $4,040 $196,000 $32,000 $164,000
2015 $3,934 $196,000 $32,000 $164,000
2014 $3,830 $196,000 $32,000 $164,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72949227

MLS Property Information Network (MLS PIN)

APN: WORC-000001-000009-000001