For sale

$640,000

256 Belmont St, Worcester, MA 01604

7beds

3,090sqft

$4,367/mo

Get pre-qualified

3 Family

Built in 1923

-- sqft lot

$694,900 Zestimate^®

$207/sqft

$-- HOA

What's special

Outdoor shedCosmetic updatesFenced backyardSpacious layoutsAbundant basement storage

PRIME WORCESTER 3-FAMILY INVESTMENT OPPORTUNITY! Fully occupied and generating $61,200 in annual gross rental income ($5,100/month)! This income-producing multifamily features 7 bedrooms, 3 full baths, spacious layouts, cosmetic updates, abundant basement storage, an outdoor shed, and a fenced backyard. Lead compliant. Tenants currently utilize a nearby parking lot as an alternative to on-site parking. Ideally located on Belmont Street (Route 9), minutes from UMass Memorial Medical Center, Shrewsbury Street's dining district, downtown Worcester, Union Station, I-290, I-90/Mass Pike, universities, and shopping. An excellent opportunity for investors seeking immediate cash flow and long-term potential. Rear porch was enclosed to gain additional sqft. SHOWINGS BEGIN AT OPEN HOUSE SATURDAY, NOVEMBER 7, 11 AM–1 PM!

22 hours
86
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Heating

Steam

Cooling

Window Unit(s)

Appliances

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

Features

Lead Certification Available, Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room
Flooring: Wood, Vinyl, Hardwood
Windows: Picture Window
Basement: Full,Walk-Out Access,Concrete
Has fireplace: No

Interior area

Total structure area: 3,090
Total interior livable area: 3,090 sqft
Finished area above ground: 3,090

Property

Parking

Parking features: Off Street, Common, Other

Features

Patio & porch: Porch
Exterior features: Balcony/Deck, Balcony
Fencing: Fenced/Enclosed
Has view: Yes
View description: City View(s)

Lot

Size: 5,000 Square Feet

Details

Parcel number: 1778673
Zoning: $7,511

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Frame
Foundation: Brick/Mortar
Roof: Tar/Gravel

Condition

Year built: 1923

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University

Location

Region: Worcester

Financial & listing details

Price per square foot: $207/sqft
Tax assessed value: $565,600
Annual tax amount: $7,511
Date on market: 11/1/2026
Exclusions: Tenants Currently Utilizing A Nearby Parking Lot Offering An Alternative To On-Site Parking.
Total actual rent: 5100

Estimated market value

$694,900

$639,000 - $750,000

$2,817/mo

Price history

Date	Event	Price
11/1/2026	Listed for sale	$640,000-3.7%$207/sqft
Source: MLS PIN #73597425 Report a problem
5/1/2026	Listing removed	$664,900$215/sqft
Source: MLS PIN #73468726 Report a problem
4/15/2026	Price change	$664,900-5%$215/sqft
Source: MLS PIN #73468726 Report a problem
1/15/2026	Listed for sale	$699,900+16.7%$227/sqft
Source: MLS PIN #73468726 Report a problem
3/20/2023	Listing removed	$599,900$194/sqft
Source: MLS PIN #73073913 Report a problem
1/26/2023	Listed for sale	$599,900+90.4%$194/sqft
Source: MLS PIN #73073913 Report a problem
7/1/2022	Sold	$315,000-7.4%$102/sqft
Source: MLS PIN #72977553 Report a problem
5/6/2022	Listed for sale	$340,000+28.3%$110/sqft
Source: MLS PIN #72977553 Report a problem
1/14/2020	Listing removed	$265,000$86/sqft
Source: Keller Williams Boston Metrowest #72603994 Report a problem
10/31/2019	Price change	$265,000-1.9%$86/sqft
Source: Keller Williams Realty #72577662 Report a problem
8/30/2019	Price change	$270,000-3.5%$87/sqft
Source: Keller Williams Realty Greater Worcester #72475636 Report a problem
7/19/2019	Price change	$279,900-6.7%$91/sqft
Source: KW Pinnacle Central #72475636 Report a problem
4/3/2019	Listed for sale	$299,900+25%$97/sqft
Source: Keller Williams Realty Greater Worcester #72475636 Report a problem
2/8/2007	Sold	$240,000-3.2%$78/sqft
Source: Public Record Report a problem
10/22/2004	Sold	$248,000$80/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,253 +8.5%	$549,900 +13.1%
2024	$6,685 +43%	$486,200 +49.1%
2023	$4,675 +15.2%	$326,000 +22.2%
2022	$4,058 +46.3%	$266,800 +56.6%
2021	$2,774 +6.4%	$170,400 +11.1%
2020	$2,608 +1.4%	$153,400 +7.3%
2019	$2,572 +1.3%	$142,900 +6.5%
2018	$2,538 +5.4%	$134,200 +7.1%
2017	$2,408 +8%	$125,300 +15.8%
2016	$2,230 +2.7%	$108,200
2015	$2,172 +2.7%	$108,200
2014	$2,114 -1%	$108,200 -5.8%
2013	$2,135 +7.1%	$114,900 -2.1%
2012	$1,993 -23.9%	$117,400 -32.1%
2010	$2,619 -8.1%	$172,900 -18.1%
2009	$2,849 -11.8%	$211,000 -18.1%
2008	$3,230 +10.4%	$257,600 +6.5%
2007	$2,927 +0.7%	$241,900 +4.3%
2006	$2,906 +22.7%	$231,900 +29%
2005	$2,368 +25%	$179,700 +40%
2004	$1,894 +13.7%	$128,400 +24.5%
2003	$1,666 +13.8%	$103,100 +25.7%
2002	$1,464 +28.1%	$82,000 +32.5%
2000	$1,143 -4.9%	$61,900 -3.9%
1997	$1,202	$64,400