15 May St, Worcester, MA 01610
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$999,000
5 Unit
15 Beds
6 Baths
4571 SQFT
0.14 Acre

Property Description

Five-unit investment opportunity with tremendous value-add potential! Offering 4,571 SF, 15 bedrooms, 5.5 bathrooms, and ample off-street parking on a corner lot in Worcester's sought-after University Park neighborhood. Two fully renovated vacant units (a 5-bedroom and a 2-bedroom) provide immediate lease-up potential. The remaining units include two 2-bedroom apartments (one with two levels of living) and a 4-bedroom apartment, all occupied on a tenant-at-will basis, providing flexibility and upside. Separately metered utilities allow tenants to pay their own heat, hot water, and electricity, helping minimize operating expenses. Four of the five units are lead compliant. A full walkout basement offers shared laundry, storage, and additional income potential. Conveniently located near Clark University, public transportation, shopping, and restaurants. One Open House Only: Saturday, July 11, 1:00 PM–2:00 PM.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 6
  • Total Bedrooms: 15
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Amenities: Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Range, Refrigerator

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 105600
  • Net Operating Income: 105600

Utilities

  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Underground
  • Utility Connections: Varies per Unit, for Electric Oven, for Electric Range, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

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

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

Construction

  • Year Built: 1910
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wood
  • Lead Paint: None, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73545346
  • Last Updated: 08/18/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/15/2026Active$999,000$219MLSPIN
08/10/2026Price Change$99,900$22MLSPIN
08/10/2026Price Change$999,000$219MLSPIN
07/18/2026Active$1,090,000$238MLSPIN
07/14/2026Price Change$1,090,000$238MLSPIN
07/10/2026Active$1,150,000$252MLSPIN
07/06/2026New$1,150,000$252MLSPIN

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Seller's Representative: Ben Hicks, Bridgemont Realty 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 2026-08-18 17:19:00

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