Discover your ideal investment opportunity in the highly sought-after Elm Park Area with this spacious three-unit building. Each unit boasts three bedrooms and generously sized eat-in kitchens, making it an excellent choice for tenants and future homeowners alike. Situated within walking distance to Downtown, WPI (Worcester Polytechnic Institute), and MCPHS (Massachusetts College of Pharmacy and Health Sciences), this property offers convenience and accessibility like no other. The first floor will be delivered vacant, great for owner-occupants. The second floor is currently leased at $1600 per month, with approximately 8 months left on the lease. The third floor is Tenants at Will This presents an incredible opportunity to design your dream living space or attract a new tenant for immediate income potential. This steady rental income provides financial stability while you plan your updates. Group showing Saturday October 14, 2023 at 11:00am. All buyers must be accompanied.
Sold for $520,000 on 02/09/24
$520,000
53 Russell St, Worcester, MA 01609
9beds
3,990sqft
3 Family
Built in 1880
-- sqft lot
$712,200 Zestimate®
$130/sqft
$2,350 Estimated rent
Home value
$712,200
$655,000 - $769,000
$2,350/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 12, 2024 at 08:44am
Listed by:
James Kalogeropoulos 508-635-8259,
RE/MAX Partners 508-635-1600
Bought with:
Team Valdez Mejia
Keller Williams Realty
Source: MLS PIN,MLS#: 73159684
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,990
- Total interior livable area: 3,990 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 1
- Uncovered spaces: 4
Lot
- Size: 3,148 sqft
- Features: Level
Details
- Parcel number: M:06 B:003 L:00040,1766842
- Zoning: BL-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Stone
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Worcester
HOA & financial
Other financial information
- Total actual rent: 2300
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2024 | Sold | $520,000-5.5%$130/sqft |
Source: MLS PIN #73159684 | ||
| 10/10/2023 | Listed for sale | $550,000$138/sqft |
Source: MLS PIN #73159684 | ||
| 9/30/2023 | Contingent | $550,000$138/sqft |
Source: MLS PIN #73159684 | ||
| 9/14/2023 | Listed for sale | $550,000$138/sqft |
Source: MLS PIN #73159684 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,272 +9.5% | $551,300 +14.1% |
| 2024 | $6,643 +4.7% | $483,100 +9.2% |
| 2023 | $6,347 +14.6% | $442,600 +21.6% |
Find assessor info on the county website
Neighborhood: 01609
Nearby schools
GreatSchools rating
- 3/10Elm Park Community SchoolGrades: K-6Distance: 0.5 mi
- 4/10University Pk Campus SchoolGrades: 7-12Distance: 1.3 mi
- 3/10Doherty Memorial High SchoolGrades: 9-12Distance: 0.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$712,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$712,200