$1,150,000

Estimated payment $7,079/month

Total Views 3,982
12 Beds
6 Baths
6,998 Sq Ft
$164 Price per Sq Ft

About This Home

Incredible Investment Opportunity in the Heart of Kelley Square! This mixed-use 4-family property offers unbeatable visibility and value in Worcester’s hottest neighborhood. The first floor features a versatile commercial space currently leased to a restaurant - ideal for high foot traffic and proximity to Polar Park, the Canal District, and new developments. Above are three spacious 4-bedroom residential units, each offering strong rental income potential. Units are well-maintained with separate utilities, updated systems, and solid tenancy. Zoned BG-3, allowing for flexible commercial uses and future development upside. Billboard lease also brings in an additional $5500 a year. Whether you're an investor looking for cash flow or a business owner seeking live/work potential, this property checks all the boxes. Don't miss your chance to own a cornerstone in Worcester’s fastest-growing district!

Listing Agent

Steven Pizzarella

RE/MAX Partners Listed on: 10/01/2025

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,065

Year Built

  • Built in 1900

Lot Details

  • 4,872 Sq Ft Lot
  • Irregular Lot

Home Design

  • Quadruplex
  • Stone Foundation

Interior Spaces

  • 6,998 Sq Ft Home
  • Property has 1 Level
  • City Views

Bedrooms and Bathrooms

  • 12 Bedrooms

Community Details

  • 4 Units
  • Net Operating Income $133,492

Listing and Financial Details

  • Assessor Parcel Number M:04 B:038 L:00033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,065

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1900
  • Levels: 4
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Above Grade Finished Sq Ft: 6998
  • Living Area: 6998
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: G62134

Exterior Features

  • Foundation Details: Stone, Irregular
  • Home Warranty YN: No
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:04 B:038 L:00033
  • Zoning: BG-3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4872
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12064.89

Multi Family

  • Net Operating Income: 133492
  • Number Of Units Total: 4
  • Total Actual Rent: 11124
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 -- $914,700 $115,300 $799,400
2024 -- $710,100 $115,300 $594,800
2023 $0 $969,500 $100,200 $869,300
2022 $0 $773,600 $80,200 $693,400
2021 $0 $623,700 $64,200 $559,500
2020 $8,788 $392,300 $56,000 $336,300
2019 $0 $369,700 $52,900 $316,800
2018 $0 $369,700 $52,900 $316,800
2017 $0 $369,700 $52,900 $316,800
2016 -- $352,000 $39,800 $312,200
2015 -- $352,000 $39,800 $312,200
2014 -- $352,000 $39,800 $312,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Sale $1,150,000 0.0% $164 / Sq Ft
10/07/2025 10/07/25 Pending -- -- --
10/01/2025 10/01/25 For Sale $1,150,000 -- $164 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Not Resolvable $650,000 Metropolitan Title Agency
Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 Purchase Money Mortgage
Previous Owner $250,000 Commercial
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73438059

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000038-000033