15 Russell St, Worcester, MA 01609
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$859,999
4 Unit
9 Beds
4 Baths
4931 SQFT
0.18 Acre

Property Description

Well-maintained 4-family investment property with tenant-at-will agreements in place, giving the next owner flexibility to make future changes as needed. The property sits on a generous lot with potential for improved outdoor use or additional finish work, subject to buyer due diligence and applicable approvals. Unit 2 has a rent increase currently in process, which is expected to improve the overall rent roll. Features include hardwood flooring throughout and gas heating systems. Strong rental property with upside for an investor seeking stable income and future value-add potential.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 4
  • Total Fireplaces: 2
  • Amenities: Public Transportation, Shopping
  • Basement Features: Partially Finished

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 80100
  • Net Operating Income: 80100

Utilities

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

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Under Lease: No
  • Floors: 2

Unit 4 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73512572
  • Last Updated: 06/04/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/04/2026Active$859,999$174MLSPIN
05/31/2026Price Change$859,999$174MLSPIN
05/30/2026Active$869,999$176MLSPIN
05/26/2026Price Change$869,999$176MLSPIN
05/09/2026Active$879,999$178MLSPIN
05/05/2026New$879,999$178MLSPIN
11/01/2025Expired$885,000$179MLSPIN
06/07/2025Active$885,000$179MLSPIN
06/03/2025New$885,000$179MLSPIN
05/01/2025Expired$899,000$182MLSPIN
04/09/2025Active$899,000$182MLSPIN
04/05/2025Price Change$899,000$182MLSPIN
02/03/2025Active$915,000$186MLSPIN
01/30/2025New$915,000$186MLSPIN

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Seller's Representative: Olivia Grabka, Realty Negotiations, LLC
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 2026-06-04 03:05:00

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