MASSIVE CORNER LOT PACKAGE SALE in Downtown Worcester! Two adjoining corner parcels. 14,200+ SF of land. Offered at just $169 per SF of land. Underwritten at a POWERFUL 11.5% PRO FORMA CAP RATE ACROSS BOTH LOTS. 703–711 Main St is extensively renovated. Street-level retail is occupied on a modified gross lease by an expanding restaurant, thriving mini-mart, and a beloved neighborhood 14-chair barbershop producing $117,600 with clear upside.The entire second floor was COMPLETELY GUT RENOVATED IN 2025. 14 giant bedrooms. 3 kitchens. 3 full baths. 100% new HVAC, plumbing, and electrical. Approved rooming house license in place! Projected residential income of $184,800 annually. This is true income-producing urban infill in the heart of downtown Worcester. Immediate yield. Efficient basis. Long-term redevelopment and density upside. Assets like this almost never come to market. Move quickly.
For sale
$2,400,000
709 Main St, Worcester, MA 01610
14beds
10,668sqft
Est.:
5+ Family - Rooming House
Built in 1920
-- sqft lot
$2,326,700 Zestimate®
$225/sqft
$-- HOA
What's special
Massive corner lotTwo adjoining corner parcelsExtensively renovated
- 15 days |
- 362 |
- 20 |
Zillow last checked: 8 hours ago
Listing updated: December 26, 2025 at 12:05am
Listed by:
Ben Hicks 617-529-0751,
Bridgemont Realty LLC 617-529-0751
Source: MLS PIN,MLS#: 73463464
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 10,668
- Total interior livable area: 10,668 sqft
- Finished area above ground: 10,668
Property
Parking
- Total spaces: 25
- Parking features: Off Street, Paved
- Uncovered spaces: 25
Lot
- Size: 0.33 Acres
- Features: Corner Lot
Details
- Parcel number: M:03 B:008 L:00002,1763810
- Zoning: BG-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - Rooming House
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $225/sqft
- Tax assessed value: $1,215,300
- Annual tax amount: $26,459
- Date on market: 12/22/2025
- Total actual rent: 25200
Estimated market value
$2,326,700
$2.21M - $2.44M
$2,427/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2025 | Listed for sale | $2,400,000+750.5%$225/sqft |
Source: MLS PIN #73463464 Report a problem | ||
| 1/25/2016 | Sold | $282,200-10.4%$26/sqft |
Source: Public Record Report a problem | ||
| 8/27/2015 | Sold | $315,000-30%$30/sqft |
Source: Public Record Report a problem | ||
| 2/20/2003 | Sold | $450,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,092,000 +20.8% |
| 2024 | -- | $904,000 -4.3% |
| 2023 | -- | $945,100 +19.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$15,461/mo
Principal & interest
$12181
Property taxes
$2440
Home insurance
$840
Climate risks
Neighborhood: 01610
Nearby schools
GreatSchools rating
- 5/10Jacob Hiatt Magnet SchoolGrades: PK-6Distance: 0.2 mi
- 4/10University Pk Campus SchoolGrades: 7-12Distance: 1.2 mi
- 4/10Chandler Elementary Community SchoolGrades: K-6Distance: 0.2 mi
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