**Offer deadline Tuesday, 6pm** This Grafton Hill 3-family property offers substantial income potential and is in excellent condition! The 1st floor has been thoroughly renovated with a new heating system, refinished floors, and wide open layout, plus a private back deck and a fenced turf enclosure for added outdoor space. The 2nd and 3rd floors each come with private balconies. The 4-car garage provides additional income opportunity, as does the huge room above that is heated with electricity. The house and garage roof are both just 2 years old. Each unit includes in-unit laundry and has heating. Almost all interior walls in the property have also been replastered, meaning very low maintenance. The 2nd and 3rd floors include a bonus front room that can be converted into 2 additional bedrooms. The property projects over an 8% cap rate with market rents, not including the additional garage & bonus room income. This renovated, low-maintenance property is a great opportunity!
Sold for $770,000 on 12/04/23
$770,000
45 Plantation St, Worcester, MA 01604
8beds
4,221sqft
3 Family
Built in 1915
-- sqft lot
$813,300 Zestimate®
$182/sqft
$4,796 Estimated rent
Home value
$813,300
$773,000 - $854,000
$4,796/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2023 at 12:15pm
Listed by:
Christopher Group 617-980-6845,
Compass 617-206-3333,
Christopher Collette 617-980-6845
Bought with:
Daniel Meservey
Mathieu Newton Sotheby's International Realty
Source: MLS PIN,MLS#: 73171181
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Forced Air, Natural Gas, Hot Water
Cooling
- None
Features
- Upgraded Cabinets, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Slider, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Family Room
- Flooring: Tile, Hardwood, Stone/Ceramic Tile
- Basement: Full,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,221
- Total interior livable area: 4,221 sqft
Property
Parking
- Total spaces: 12
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 4
- Uncovered spaces: 8
Features
- Patio & porch: Porch, Deck
- Exterior features: Balcony/Deck, Balcony
- Has view: Yes
- View description: City View(s)
- Waterfront features: Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 8,550 sqft
- Features: Gentle Sloping
Details
- Parcel number: M:18 B:004 L:00011,1780086
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1915
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Varies per Unit
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University, Sidewalks
Location
- Region: Worcester
HOA & financial
Other financial information
- Total actual rent: 5100
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2023 | Sold | $770,000+2.8%$182/sqft |
Source: MLS PIN #73171181 | ||
| 10/27/2023 | Contingent | $749,000$177/sqft |
Source: MLS PIN #73171181 | ||
| 10/17/2023 | Listed for sale | $749,000+92.1%$177/sqft |
Source: MLS PIN #73171181 | ||
| 9/27/2016 | Sold | $390,000+30%$92/sqft |
Source: Public Record | ||
| 9/23/2016 | Pending sale | $299,900$71/sqft |
Source: HJRealty Group, LLC #72045124 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,643 +7.7% | $731,100 +12.3% |
| 2024 | $8,951 +4.2% | $651,000 +8.7% |
| 2023 | $8,587 +14.1% | $598,800 +21% |
Find assessor info on the county website
Neighborhood: 01604
Nearby schools
GreatSchools rating
- 4/10Rice Square SchoolGrades: K-6Distance: 0.5 mi
- 3/10Worcester East Middle SchoolGrades: 7-8Distance: 0.1 mi
- 1/10North High SchoolGrades: 9-12Distance: 0.9 mi
Get a cash offer in 3 minutes
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Estimated market value
$813,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$813,300