81 Merrifield St., Worcester, MA
Open House: Sat 4/26 11:00 AMPrice Reduced $25,001
0
81 Merrifield St., Worcester, MA 01605
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$899,999
4 Unit
11 Beds
4 Baths
4374 SQFT
0.12 Acre

Property Description

Explore this perfect investment opportunity in the highly sought-after Belmont Hill area. Within the confines of this four-unit building; three units feature three bedrooms, spacious eat-in kitchens and in unit laundry hookups. The lower level unit offers two large bedrooms and its own eat-in kitchen as well as in unit laundry. Units 1, 3 & 4 have been recently renovated and unit 2 tenant has been there for 20+ years. Conveniently positioned within close proximity to Shrewsbury Street, UMASS Memorial, and UMASS Campus, this property promises unparalleled convenience and accessibility. The ground level unit is rented at $1884/month, the first-floor unit is rented at $1767/month with potential to go up to $2250. The third-floor is rented at $2250 per month and the second floor will rent at $2250/month as well.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 7
  • Total Bedrooms: 11
  • Total Full Baths: 4

Financial

  • APOD Available: No
  • Gross Operating Income: 97812
  • Gross Expenses: 5730
  • Electric Expenses: 62
  • Water/Sewer: 2565
  • INSC: 4000
  • RFS: 238
  • Net Operating Income: 92082

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 4 Family - 4 Units Up/Down
  • Foundation Info: Brick, Fieldstone
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73353664
  • Last Updated: 04/23/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/23/2025Price Change$899,999$206MLSPIN
04/06/2025Active$925,000$211MLSPIN
04/02/2025New$925,000$211MLSPIN
01/11/2024Sold$700,000$160MLSPIN
12/18/2023Under Agreement$725,000$166MLSPIN
12/05/2023Contingent$725,000$166MLSPIN
12/04/2023Active$725,000$166MLSPIN
11/30/2023New$725,000$166MLSPIN
04/24/2023Sold$530,000$121MLSPIN
03/27/2023Under Agreement$559,900$128MLSPIN
03/13/2023Contingent$559,900$128MLSPIN
03/10/2023Active$559,900$128MLSPIN
03/06/2023New$559,900$128MLSPIN

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Seller's Representative: George LeBlanc, Cameron Real Estate Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-23 18:34:00

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