Property Description

Step into homeownership with income potential in this 4-unit property! The ground floor features a beloved neighborhood bar that’s been part of the community since 1935, offering the chance to continue its legacy or explore new business ideas. Upstairs, three well-maintained apartments provide steady rental income or the perfect space to live in while your tenants help pay the mortgage. Ideal for buyers looking to build equity, generate passive income, or live and work in one place. Each unit has separate utilities, making management simple and expenses clear. Located in an established Worcester neighborhood with strong visibility and foot traffic. This is more than just a property—it’s a smart first step toward long-term wealth and homeownership!

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Finished, Full, Other (See Remarks), Partially Finished, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Ceiling Fans, Pantry
  • Common Appliances: Range, Refrigerator, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Extra Flue, Gas, Heat Pump, Space Heater
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 66000
  • Gross Expenses: 15500
  • Water/Sewer: 1800
  • INSC: 5600
  • Miscellaneous Expense: 200
  • Net Operating Income: 50500

Utilities

  • Heat Zones: 4
  • Electric Info: 200 Amps, Individually Metered
  • Utility Connections: for Electric Dryer, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: Worc.

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

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

Construction

  • Year Built: 1920
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73361694
  • Last Updated: 08/01/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/01/2025Contingent$1,050,000$194MLSPIN
04/23/2025Active$1,050,000$194MLSPIN
04/22/2025Active$1,050,000$217MLSPIN
04/19/2025New$1,050,000$194MLSPIN
04/18/2025New$1,050,000$217MLSPIN
05/18/2024Expired$1,049,900$194MLSPIN
05/18/2024Expired$275,000MLSPIN
04/14/2024Active$275,000MLSPIN
04/14/2024Active$1,049,900$194MLSPIN
04/10/2024Back on Market$1,049,900$194MLSPIN
04/10/2024Back on Market$275,000MLSPIN
03/28/2024Contingent$275,000MLSPIN
03/28/2024Contingent$1,049,900$194MLSPIN
03/16/2024Active$1,049,900$194MLSPIN
03/12/2024Price Change$1,049,900$194MLSPIN
02/03/2024Active$1,100,000$204MLSPIN
02/03/2024Active$275,000MLSPIN
01/30/2024New$275,000MLSPIN
01/30/2024New$1,100,000$204MLSPIN

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Seller's Representative: James Kalogeropoulos, RE/MAX Partners
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 2025-08-01 13:23:00