Unlock a premier investment opportunity with 7 Lyon Street, a fully stabilized three-family property located just off Shrewsbury Street in Worcester. This well-maintained gem offers an excellent blend of stability, modern amenities, and strong rental potential, making it a prime addition to any investment portfolio. Situated just off the vibrant Shrewsbury Street, this property enjoys proximity to an array of restaurants, shops, and entertainment options. The location offers excellent connectivity to major highways and downtown Worcester, ensuring consistent tenant interest and high occupancy rates. For experienced investors seeking a high-performing, income-generating asset with modern updates and minimal risk, 7 Lyon Street represents a compelling opportunity. Contact us today to explore this exceptional property and see how it can fit into your investment strategy!
Sold for $750,000 on 12/13/24
$750,000
7 Lyon St, Worcester, MA 01604
9beds
3,260sqft
3 Family
Built in 1900
-- sqft lot
$775,900 Zestimate®
$230/sqft
$2,067 Estimated rent
Home value
$775,900
$706,000 - $853,000
$2,067/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 13, 2024 at 01:02pm
Listed by:
Benjamin Kovacs 774-217-2268,
Young Realty Group, LLC 774-217-2268,
Mark Savage 781-789-4902
Bought with:
Elvis Doda
Coldwell Banker Realty - Milton
Source: MLS PIN,MLS#: 73286416
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Vinyl, Hardwood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,260
- Total interior livable area: 3,260 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Tandem
- Uncovered spaces: 2
Features
- Patio & porch: Enclosed
- Fencing: Fenced
Lot
- Size: 4,595 sqft
- Features: Level
Details
- Parcel number: M:16 B:034 L:00035,1778658
- Zoning: BG-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Park, Laundromat, Highway Access
Location
- Region: Worcester
HOA & financial
Other financial information
- Total actual rent: 6500
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2024 | Sold | $750,000-3.2%$230/sqft |
Source: MLS PIN #73286416 | ||
| 9/6/2024 | Listed for sale | $775,000+30.3%$238/sqft |
Source: MLS PIN #73286416 | ||
| 7/6/2022 | Sold | $595,000$183/sqft |
Source: MLS PIN #72981604 | ||
| 5/19/2022 | Contingent | $595,000$183/sqft |
Source: MLS PIN #72981604 | ||
| 5/13/2022 | Listed for sale | $595,000+1090%$183/sqft |
Source: MLS PIN #72981604 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,956 +8.8% | $603,200 +13.4% |
| 2024 | $7,314 +21.8% | $531,900 +27% |
| 2023 | $6,006 +14.9% | $418,800 +21.9% |
Find assessor info on the county website
Neighborhood: 01604
Nearby schools
GreatSchools rating
- 3/10City View Discovery SchoolGrades: PK-6Distance: 0.3 mi
- 3/10Worcester East Middle SchoolGrades: 7-8Distance: 0.9 mi
- 1/10North High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: City View
- Middle: Worcester East
- High: Worcester Tech
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$775,900
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
$775,900