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Sold for $550,000 on 05/10/23
  • $550,000

    79 Gates St, Worcester, MA 01610

    9beds
    3,906sqft
    3 Family
    Built in 1898
    -- sqft lot
    $697,500 Zestimate®
    $141/sqft
    $2,184 Estimated rent

    Home value

    $697,500

    $656,000 - $739,000

    $2,184/mo

    Zestimate® history
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    $2,184/mo

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    $3,442/mo

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    $3,442/mo

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    What's special

    Great opportunity to own this three-unit property directly off Main Street in residential neighborhood and across from the University (Crystal) Park by Clark University in Worcester. This three-family home was family-owned for nearly 60 years and offers separate electric, gas, and laundry connections for each floor, custom built-ins, woodworking, trim, and hardwood floors. TLC needed. Updates over the years include newer furnace, three newer water heaters, and three 100-amp circuit breakers. Nice size backyard and ample parking w/possible room for expansion, tons of storage for each unit including a full walkout basement. Property qualifies for the Clark University Park Partnership Scholarship Program with special requirements making it a great long-term investment. Tons of amenities nearby with easy access to major routes. This is a tremendous investment opportunity for owner occupants and investors wanting additional income. Schedule a showing today and earn instant cash flow!

    Zillow last checked: 8 hours ago

    Listing updated: May 10, 2023 at 03:43pm

    Listed by:

    Albert Surabian 508-981-7227,

    Real Broker MA, LLC 855-450-0442,

    Albert Surabian 508-981-7227

    Bought with:

    Otis Tat

    Excelsior Realty

    Source: MLS PIN,MLS#: 73094898

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: Gas Dryer Hookup, Electric Dryer Hookup
    Features
    • Loft, Mudroom, Storage, Bathroom With Tub, Ceiling Fan(s), Living Room, Dining Room, Kitchen, Laundry Room
    • Flooring: Carpet, Laminate, Hardwood
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 3,906
    • Total interior livable area: 3,906 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved Drive, Off Street
    • Uncovered spaces: 3
    Features
    • Patio & porch: Deck - Wood
    • Exterior features: Balcony/Deck, Balcony
    • Fencing: Fenced/Enclosed
    Lot
    • Size: 6,787 sqft
    Details
    • Parcel number: M:07 B:004 L:00031,1768579
    • Zoning: RG-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family
    Materials
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1898

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Oven, for Gas Dryer, for Electric Dryer

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, University
    Location
    • Region: Worcester

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    5/10/2023Sold$550,000+13.4%$141/sqft
    Source: MLS PIN #73094898
    4/7/2023Contingent$485,000$124/sqft
    Source: MLS PIN #73094898
    4/4/2023Listed for sale$485,000$124/sqft
    Source: MLS PIN #73094898

    Public tax history

    YearProperty taxesTax assessment
    2025$5,678 +7.5%$430,500 +12.1%
    2024$5,280 +5.9%$384,000 +10.4%
    2023$4,986 +14.9%$347,700 +21.8%

    Find assessor info on the county website

    Neighborhood: 01610

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $697,500

    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

    $697,500