PENDING
$135K PRICE DROP
9 Pelham St Worcester, MA 01609
Elm Park NeighborhoodEstimated payment $5,172/month
Total Views
6,416
9
Beds
3
Baths
4,176
Sq Ft
$194
Price per Sq Ft
Highlights
- Medical Services
- Wood Flooring
- Balcony
- Property is near public transit
- Solid Surface Countertops
- Stained Glass
About This Home
Investment opportunity with market rate rents and fantastic tenants! Newly renovated 3 family located in the heart of Worcester within walking/ biking distance to many area amenities including historic Elm Park, shopping, dining, public transportation, schools, and universities. All 3 units have newly renovated, cabinet-packed kitchens, modern and clean bathrooms, refinished hardwood flooring, tall ceilings and beautiful original period-appropriate wood work with built-in hutches. Each unit is bright and spacious with front and back porches and storage areas. Clean and nicely lit common areas and staircases with new paint. Huge, fieldstone but incredibly dry basement with laundry hook-ups. Newer furnace and hot water heaters. New roof. Garage used for storage only and space might be better utilized with structure removed. 6 Off street parking spots on a one way road.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,109
Year Built
- Built in 1890
Lot Details
- 5,000 Sq Ft Lot
Home Design
- Triplex
- Stone Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 4,176 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Stained Glass
- Insulated Doors
- Living Room
- Dining Room
- Storage
- Washer and Dryer Hookup
Kitchen
- Range with Range Hood
- Solid Surface Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Enclosed patio or porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Central Heating
- 3 Heating Zones
- Heating System Uses Natural Gas
- Separate Meters
- 100 Amp Service
- High Speed Internet
Listing and Financial Details
- Rent includes unit 1(water other (see remarks)), unit 2(water), unit 3(water)
- Assessor Parcel Number M:06 B:004 L:00048,1766877
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Water Sewer Expense $2,478
- Operating Expense $2,478
- Net Operating Income $82,122
Map
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Home Values in the Area
Average Home Value in this Area
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 | $8,109 | $614,800 | $63,600 | $551,200 |
| 2024 | $7,432 | $540,500 | $63,600 | $476,900 |
| 2023 | $7,084 | $494,000 | $51,100 | $442,900 |
| 2022 | $6,180 | $406,300 | $40,900 | $365,400 |
| 2021 | $5,527 | $339,500 | $32,700 | $306,800 |
| 2020 | $5,085 | $299,100 | $32,800 | $266,300 |
| 2019 | $4,410 | $245,000 | $32,300 | $212,700 |
| 2018 | $4,302 | $227,500 | $32,300 | $195,200 |
| 2017 | $4,025 | $209,400 | $32,300 | $177,100 |
| 2016 | $3,937 | $191,000 | $26,300 | $164,700 |
| 2015 | $3,833 | $191,000 | $26,300 | $164,700 |
| 2014 | $3,732 | $191,000 | $26,300 | $164,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | Price Changed | $810,000 | -14.3% | $194 / Sq Ft |
| 05/12/2025 05/12/25 | For Sale | $945,000 | +110.0% | $226 / Sq Ft |
| 12/03/2021 12/03/21 | Sold | $450,000 | +12.5% | $108 / Sq Ft |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- |
| 10/27/2021 10/27/21 | For Sale | $400,000 | -- | $96 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $450,000 | None Available | |
| Deed | $288,000 | -- | |
| Deed | $149,900 | -- | |
| Deed | $36,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $216,000 | Purchase Money Mortgage | |
| Previous Owner | $72,000 | No Value Available | |
| Previous Owner | $134,900 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Worcester, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73373366
APN: WORC-000006-000004-000048
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