Welcome to this great investment opportunity in the up-and-coming city of Worcester. All units are spacious with good lighting. There have also been some updates. The Previous owner replaced roof and siding and some electrical updates approximately 10 years ago. Solar panels recently installed. They are in the process of being connected to all three units as well as the common area. The already low market rents could be increased significantly with electricity included. All three units are full of long- term tenants. All Tenants at will who pay on time creating a nice cash flow right from the start. All three units have lead certificates that indicate compliance. Close to Kelley Square and Major highways. Open house -group showing 5/27 11am-1230 pm.
Sold for $505,000 on 01/11/24
$505,000
5 Benefit Ter, Worcester, MA 01610
8beds
3,293sqft
3 Family
Built in 1890
-- sqft lot
$648,500 Zestimate®
$153/sqft
$2,158 Estimated rent
Home value
$648,500
$597,000 - $700,000
$2,158/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 30, 2023 at 04:36am
Listed by:
Peter Michals 978-790-8511,
Realty One Group Nest 978-255-4394
Bought with:
Frances Alvarez
Palace Realty Boston
Source: MLS PIN,MLS#: 73115541
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,293
- Total interior livable area: 3,293 sqft
Property
Parking
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
Lot
- Size: 0.07 sqft
Details
- Parcel number: 1767892
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Block, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Worcester
HOA & financial
Other financial information
- Total actual rent: 3550
Price history
| Date | Event | Price |
|---|---|---|
| 1/11/2024 | Sold | $505,000$153/sqft |
Source: Public Record | ||
| 6/29/2023 | Sold | $505,000+4.1%$153/sqft |
Source: MLS PIN #73115541 | ||
| 5/28/2023 | Contingent | $485,000$147/sqft |
Source: MLS PIN #73115541 | ||
| 5/24/2023 | Listed for sale | $485,000+14.1%$147/sqft |
Source: MLS PIN #73115541 | ||
| 11/18/2021 | Sold | $425,000-1.1%$129/sqft |
Source: MLS PIN #72878185 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,536 +13.1% | $495,500 +17.9% |
| 2024 | $5,778 +8.9% | $420,200 +13.5% |
| 2023 | $5,307 +14.4% | $370,100 +21.3% |
Find assessor info on the county website
Neighborhood: 01610
Nearby schools
GreatSchools rating
- 5/10Jacob Hiatt Magnet SchoolGrades: PK-6Distance: 0.2 mi
- 4/10University Pk Campus SchoolGrades: 7-12Distance: 0.8 mi
- 3/10Woodland AcademyGrades: K-6Distance: 0.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$648,500
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
$648,500