This LARGE three-family home offers immense potential for the right buyer in sought after area of Grafton Hill. With a bit of TLC, this property can be transformed into a lucrative rental or a spacious multi-family residence. This property features three units, each with three spacious bedrooms, one bathroom, a comfortable living room, a separate dining room, and a functional kitchen. Off-street parking and a two car garage add to the appeal, making it attractive to potential tenants and owner occupants. The proximity to major highways and downtown makes it ideal for commuting. The vibrant community blends urban amenities with suburban charm, making it a desirable location for families and professionals alike.With the strong rental market in Worcester, there's potential for significant rental income post-renovation, and strategic upgrades can greatly increase the property's value. Won't qualify for FHA/ VA
Sold for $660,100
$660,100
196 Fairmont Ave, Worcester, MA 01604
9beds
4,065sqft
3 Family
Built in 1927
-- sqft lot
$809,200 Zestimate®
$162/sqft
$2,294 Estimated rent
Home value
$809,200
$761,000 - $866,000
$2,294/mo
Zestimate® history
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$4,252/mo
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Zillow last checked:
Listing updated:
Listed by:
Alyson Traficante 978-857-0270,
Connie Doto Realty Group 978-683-0004
Bought with:
Chad King
Prospective Realty INC
Source: MLS PIN,MLS#: 73249312
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,065
- Total interior livable area: 4,065 sqft
Property
Parking
- Total spaces: 14
- Parking features: Off Street, Paved
- Garage spaces: 2
- Uncovered spaces: 12
Lot
- Size: 5,335 Square Feet
- Features: Level
Details
- Parcel number: 1780381
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Stone
Condition
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $546,100
- Annual tax amount: $7,509
- Date on market: 1/13/2026
- Total actual rent: 4050
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2024 | Sold | $660,100+5.6%$162/sqft |
Source: MLS PIN #73249312 Report a problem | ||
| 7/2/2024 | Contingent | $625,000$154/sqft |
Source: MLS PIN #73249312 Report a problem | ||
| 6/27/2024 | Listed for sale | $625,000+506.8%$154/sqft |
Source: MLS PIN #73249312 Report a problem | ||
| 5/6/1994 | Sold | $103,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,107 +8% | $614,600 +12.5% |
| 2024 | $7,509 +4.4% | $546,100 +8.9% |
| 2023 | $7,192 +14.6% | $501,500 +21.5% |
| 2022 | $6,276 +11.7% | $412,600 +19.5% |
| 2021 | $5,621 +7.4% | $345,300 +12.2% |
| 2020 | $5,233 +11.4% | $307,800 +17.9% |
| 2019 | $4,698 +1.8% | $261,000 +6.9% |
| 2018 | $4,616 +5.9% | $244,100 +7.7% |
| 2017 | $4,357 +4.7% | $226,700 +12.3% |
| 2016 | $4,161 +2.7% | $201,900 |
| 2015 | $4,052 +2.7% | $201,900 |
| 2014 | $3,945 +4.3% | $201,900 -0.8% |
| 2013 | $3,781 +7% | $203,500 -2.2% |
| 2012 | $3,532 +4.3% | $208,000 -6.9% |
| 2010 | $3,385 -13.9% | $223,400 -23.3% |
| 2009 | $3,930 -1.8% | $291,100 -8.7% |
| 2008 | $4,000 +3.3% | $319,000 -0.3% |
| 2007 | $3,873 +3.4% | $320,100 +7.1% |
| 2006 | $3,744 +1.1% | $298,800 +6.3% |
| 2005 | $3,705 +10.5% | $281,100 +23.6% |
| 2004 | $3,354 +15.9% | $227,400 +27% |
| 2003 | $2,893 +11% | $179,000 +22.6% |
| 2002 | $2,606 +20.2% | $146,000 +24.4% |
| 2000 | $2,168 +13.7% | $117,400 +15% |
| 1997 | $1,906 | $102,100 |
Find assessor info on the county website
Neighborhood: 01604
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Nearby schools
GreatSchools rating
- 5/10Rice Square SchoolGrades: K-6Distance: 0.4 mi
- 4/10Worcester East Middle SchoolGrades: 7-8Distance: 0.2 mi
- 1/10North High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$809,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$809,200
- Massachusetts
- Worcester County
- Worcester
- 01604
- 196 Fairmont Ave
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