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Sold for $590,000 on 02/19/25
  • $590,000

    5 Massasoit Rd, Worcester, MA 01604

    4beds
    4,112sqft
    3 Family - 3 Units Up/Down
    Built in 1920
    -- sqft lot
    $666,600 Zestimate®
    $143/sqft
    $3,179 Estimated rent

    Home value

    $666,600

    $600,000 - $740,000

    $3,179/mo

    Zestimate® history
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    What's special

    **BACK ON MARKET; previous buyer unable to secure financing giving you a second chance at this great property!** Entrepreneurs and investors, this one's for you! This mixed-use building in the heart of Worcester is a dynamic blend of commercial and residential space. A newly vacant commercial unit is a blank canvas; transform the space to suit your specific needs. Formerly utilized for food service so can be easily revamped for the same or redesigned into countless possibilities for a new venture. Bring your business plans to fruition while having the added bonus of an additional $3,575 revenue from the residential units above. Well-maintained, spacious 2 bedroom units have in-unit laundry and separate utilities. Location is second to none within close proximity to highway access, Polar Park, and colleges. Now is the time to seize this opportunity and make your mark!

    Zillow last checked: 10 hours ago

    Listing updated: February 19, 2025 at 08:22am

    Listed by:

    Jim Black Group 774-314-9448,

    Real Broker MA, LLC 508-365-3532

    Bought with:

    Thu Nguyen

    Coldwell Banker Realty - Northborough

    Source: MLS PIN,MLS#: 73266036

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Electric, Natural Gas, Baseboard
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Office/Den, Living Room, Dining Room, Kitchen
    • Flooring: Tile, Vinyl, Varies, Hardwood
    • Basement: Full,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,112
    • Total interior livable area: 4,112 sqft

    Property

    Features
    • Patio & porch: Porch
    • Exterior features: Rain Gutters
    • Has view: Yes
    • View description: City View(s)
    • Waterfront features: Lake/Pond, Beach Ownership(Public)
    Lot
    • Size: 4,053 sqft
    • Features: Corner Lot, Cleared, Level
    Details
    • Parcel number: M:34 B:001 L:00021,1792230
    • Zoning: BL-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family - 3 Units Up/Down
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Oven, for Electric Dryer, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
    Location
    • Region: Worcester

    HOA & financial

    Other financial information
    • Total actual rent: 6075

    Price history

    DateEventPrice
    2/19/2025Sold$590,000-1.7%$143/sqft
    Source: MLS PIN #73266036
    12/24/2024Contingent$599,900$146/sqft
    Source: MLS PIN #73266036
    11/15/2024Listed for sale$599,900$146/sqft
    Source: MLS PIN #73266036
    9/9/2024Contingent$599,900$146/sqft
    Source: MLS PIN #73266036
    7/17/2024Listed for sale$599,900+27.5%$146/sqft
    Source: MLS PIN #73266036

    Public tax history

    YearProperty taxesTax assessment
    2025-- $522,900 +12.3%
    2024-- $465,600 -20.2%
    2023-- $583,300 +25.4%

    Find assessor info on the county website

    Neighborhood: 01604

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $666,600

    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

    $666,600