Sold for $700,000

$700,000

13 Gilman St, Worcester, MA 01605

9beds

3,284sqft

3 Family - 3 Units Up/Down

Built in 1923

-- sqft lot

$765,900 Zestimate^®

$213/sqft

$2,134 Estimated rent

Home value

$765,900

$720,000 - $820,000

$2,134/mo

Zestimate^® history

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$2,134/mo

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$2,134/mo

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$4,508/mo

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$4,508/mo

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What's special

Well-maintained exteriorSpacious layout

This multi-family investment property offers a solid rental income potential with a prime location. With a total of 9 bedrooms and 4 bathrooms, this property has a spacious layout offering great flexibility. Investment Highlights: Strong rental demand in Worcester due to its proximity to local universities, healthcare institutions, and a growing downtown area. Recent updates and maintenance in common areas and individual units, ensuring lower immediate expenses for the new owner (see attached). Potential for significant cash flow with rent increases as property values in the area continue to rise. Well-maintained exterior and solid infrastructure.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 4
Full bathrooms: 4

Appliances

Included: Dishwasher, Range, Refrigerator, Range Hood
Laundry: Washer & Dryer Hookup

Features

Living Room, Kitchen, Laundry Room, Dining Room
Flooring: Tile, Hardwood
Basement: Full,Concrete,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,284
Total interior livable area: 3,284 sqft

Property

Parking

Total spaces: 4
Parking features: Off Street, Paved
Garage spaces: 2
Uncovered spaces: 2

Features

Patio & porch: Porch

Lot

Size: 6,000 Square Feet
Features: Level

Details

Parcel number: 1770945
Zoning: RL-7

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Up/Down

Materials

Frame
Foundation: Block, Stone
Roof: Shingle

Condition

Year built: 1923

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Gas Oven, Varies per Unit

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, University
Security: Security System

Location

Region: Worcester

Financial & listing details

Price per square foot: $213/sqft
Tax assessed value: $633,000
Annual tax amount: $8,704
Date on market: 1/6/2026
Total actual rent: 5840
Road surface type: Paved

Price history

Date	Event	Price
12/9/2024	Sold	$700,000+2.3%$213/sqft
Source: MLS PIN #73303190 Report a problem
10/24/2024	Contingent	$684,000$208/sqft
Source: MLS PIN #73303190 Report a problem
10/16/2024	Listed for sale	$684,000+137.6%$208/sqft
Source: MLS PIN #73303190 Report a problem
10/7/2016	Sold	$287,899-0.6%$88/sqft
Source: EXIT Realty solds #630003899770945462 Report a problem
8/15/2016	Pending sale	$289,499$88/sqft
Source: Exit Realty Partners #71952249 Report a problem
5/24/2016	Price change	$289,499+3.6%$88/sqft
Source: Exit Realty Partners #71952249 Report a problem
5/11/2016	Price change	$279,499-0.1%$85/sqft
Source: Exit Realty Partners #71952249 Report a problem
1/26/2016	Listed for sale	$279,899-3.4%$85/sqft
Source: Exit Realty Partners #71952249 Report a problem
3/24/2011	Listing removed	$289,900$88/sqft
Source: Owner Report a problem
12/21/2008	Price change	$289,900-10.8%$88/sqft
Source: Owner Report a problem
9/28/2008	Listed for sale	$324,899+7.8%$99/sqft
Source: Owner Report a problem
8/14/2007	Sold	$301,500-18.5%$92/sqft
Source: Public Record Report a problem
12/19/2005	Sold	$370,000+48%$113/sqft
Source: Public Record Report a problem
5/15/2003	Sold	$250,000+155.1%$76/sqft
Source: Public Record Report a problem
4/19/1994	Sold	$98,000$30/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,935 +2.7%	$677,400 +7%
2024	$8,704 +7.6%	$633,000 +12.2%
2023	$8,091 +10.4%	$564,200 +17.1%
2022	$7,331 +19.3%	$482,000 +27.7%
2021	$6,144 +30.2%	$377,400 +36%
2020	$4,719 -3.4%	$277,600 +2.3%
2019	$4,883 -1.7%	$271,300 +3.3%
2018	$4,966 +5.1%	$262,600 +6.8%
2017	$4,724 +16.9%	$245,800 +25.3%
2016	$4,042 +2.7%	$196,100
2015	$3,936 +2.7%	$196,100
2014	$3,832 +8.9%	$196,100 +3.5%
2013	$3,519 +7.4%	$189,400 -1.9%
2012	$3,277 -12.7%	$193,000 -22.1%
2010	$3,753 +7.2%	$247,700 -4.5%
2009	$3,502 -17.6%	$259,400 -23.4%
2008	$4,249 +5.2%	$338,800 +1.5%
2007	$4,039 +14.9%	$333,800 +19%
2006	$3,515 +0.5%	$280,500 +5.6%
2005	$3,499 +27.9%	$265,500 +43.1%
2004	$2,736 +25.4%	$185,500 +37.4%
2003	$2,182 +14.5%	$135,000 +26.4%
2002	$1,906 +35.6%	$106,800 +40.3%
2000	$1,406 -20%	$76,100 -19.1%
1997	$1,757	$94,100