Don't miss this great investment opportunity steps from Clark University! This large 4 family with three 3 bed units and a 2 bed unit is fully rented with room for improvements and rent increases in coming months. The property offers a great level backyard abutting the park with .33 acres offering expansion opportunities with an attached or detached ADU. Two other properties one street over being offered by seller at 21 Grand & 27 Grand Street for a potential 3 property 10 unit portfolio opportunity. Call for details.
Under contract
$860,000
16 Gates St, Worcester, MA 01610
11beds
4,480sqft
Est.:
4 Family - 4 Units Up/Down
Built in 1910
-- sqft lot
$876,300 Zestimate®
$192/sqft
$-- HOA
What's special
Level backyardAbutting the park
- 11 days
- on Zillow |
- 664 |
- 50 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 02:00pm
Listed by:
Tracy Barber,
Real Broker MA, LLC
Source: MLS PIN,MLS#: 73404412
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 4
- Full bathrooms: 4
Features
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 4,480
- Total interior livable area: 4,480 sqft
- Finished area above ground: 4,480
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Lot
- Size: 0.33 Acres
Details
- Parcel number: M:07 B:007 L:00005,1768661
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family - 4 Units Up/Down
Materials
- Frame
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $678,500
- Annual tax amount: $8,949
- Date on market: 7/15/2025
- Total actual rent: 7200
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