*** Attention investors *** Rare opportunity to own a massive 3 family in the highly desirable Worcester market. Conveniently located within walking distance of historical Elm Park. First time on the market in 52 years! Units 1&2 are occupied at under market rents. Units 1&3 will be delivered vacant. Based on HUD fair market rents and with some TLC, this property can generate over $6,600 in monthly income. Two boilers & water heaters were replaced in 6/2023. Electric panels updated for all 3 units including landlord panel. Many replacement vinyl windows. Massive floor plans with large kitchen, family, dining, and living room, each with 3 bedrooms and 1 bath. Many rooms have carpet with original hardwoods underneath. Each unit has its own front enclosed porch and back porch with extra storage closet. In-unit laundry available in each unit. Bring your vision and transform this large 3-decker into a stunning investment!
Sold for $665,000 on 12/30/24
$665,000
7 Shawmut St, Worcester, MA 01609
9beds
5,082sqft
3 Family
Built in 1890
-- sqft lot
$687,500 Zestimate®
$131/sqft
$2,360 Estimated rent
Home value
$687,500
$626,000 - $756,000
$2,360/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 30, 2024 at 04:26pm
Listed by:
Gary Savoie 774-341-5501,
Berkshire Hathaway HomeServices Commonwealth Real Estate 508-435-6333
Bought with:
Sohrab Khan
MIG
Source: MLS PIN,MLS#: 73299263
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Steam, Natural Gas
Appliances
- Laundry: Washer Hookup
Features
- Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room
- Flooring: Carpet, Laminate, Hardwood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 5,082
- Total interior livable area: 5,082 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Paved
- Uncovered spaces: 1
Features
- Patio & porch: Enclosed
- Exterior features: Balcony/Deck, Rain Gutters
Lot
- Size: 4,745 sqft
- Features: Cleared
Details
- Parcel number: M:06 B:004 L:00073,1766900
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, Washer Hookup
Community & neighborhood
Community
- Community features: Park, House of Worship
Location
- Region: Worcester
HOA & financial
Other financial information
- Total actual rent: 2400
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2024 | Sold | $665,000+2.3%$131/sqft |
Source: MLS PIN #73299263 | ||
| 10/31/2024 | Contingent | $650,000$128/sqft |
Source: MLS PIN #73299263 | ||
| 10/22/2024 | Listed for sale | $650,000$128/sqft |
Source: MLS PIN #73299263 | ||
| 10/12/2024 | Contingent | $650,000$128/sqft |
Source: MLS PIN #73299263 | ||
| 10/7/2024 | Listed for sale | $650,000$128/sqft |
Source: MLS PIN #73299263 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,000 +9.5% | $682,300 +14.1% |
| 2024 | $8,221 +4.8% | $597,900 +9.3% |
| 2023 | $7,845 +14.8% | $547,100 +21.8% |
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
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Estimated market value
$687,500
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
$687,500