16 Reservoir St, Worcester, MA 01605
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$699,865
3 Unit
9 Beds
3 Baths
4125 SQFT
0.10 Acre

Property Description

Long-time property owner has decided to retire. Good time to purchase, Presenting a distinguished multi-family residence in the Belmont St Hill area. This expansive 4125 sq ft property stands as an inviting and income ready, offering a unique blend of historic charm and contemporary living. Can enjoy living in the city with all the city perks. Close distance to hospital services, bus routes, schools and commuter access. The property encompasses nine well-proportioned bedrooms, providing ample private accommodations across its three stories. Complementing these are one full bathroom per unit, designed to facilitate convenience and comfort for all residents. Beyond the interior, the property features a private yard, offering an exclusive outdoor space for relaxation or recreation. Property has recently had some updates. Permits was applied and currently being closed out by the licensed contractor. This exceptional property represents a significant opportunity for those seeking a substantial and versatile living arrangement. Like more income? Property may be eligible to add another unit with the ADU process to have 4th unit. Like more information. Feel free to message.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Medical Facility, Public School, Public Transportation, T-Station
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: No
  • Expenses Source: Not Available
  • Gross Operating Income: 60000
  • Net Operating Income: 60000

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Common, Individually Metered, Other (See Remarks), Underground, Varies per Unit
  • Utility Connections: Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

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

Unit 3 Description

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

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73571126
  • Last Updated: 09/06/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/06/2026Active$699,865$170MLSPIN
09/02/2026New$699,865$170MLSPIN

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Seller's Representative: Ray Lopolito, Starterline
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 2026-09-06 03:07:00