Rare opportunity to acquire a clustered 24-unit multifamily portfolio in Worcester's highly desirable Newton Square/West Side neighborhood. Five properties — 827 Pleasant St (10 units), 2 Ureco Terrace (9 units), 7–9 Ureco Terrace (2 units), 831 Pleasant St (2 units), and 3 Ureco Terrace (1 unit) — all situated along a single private drive, delivering concentrated operational efficiency unavailable in dispersed portfolios. 95.8% occupied with gross scheduled rent of $475,800/yr and stabilized NOI of $240,197. Average in-place rent of $1,724/month with meaningful near-term upside given the premium Newton Square location and ~$395,000 in recent capital improvements, including a full gut renovation at 9 Ureco Terrace (2025), kitchen/bath upgrade at 2 Ureco Unit 2L (2023), and boiler replacements. Offered at $4,850,000 (~$202K/unit).
For sale
$4,850,000
3 Ureco Ter, Worcester, MA 01602
43beds
26,656sqft
5+ Family - 5+ Units Up/Down
Built in 1910
-- sqft lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
- 57 days
- 405
- 12
Zillow last checked:
Listing updated:
Listed by:
Michael Barbera 508-509-8867,
BA Property & Lifestyle Advisors 508-852-4227
Source: MLS PIN,MLS#: 73546527
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 43
- Bathrooms: 27
- Full bathrooms: 24
- 1/2 bathrooms: 3
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 26,656
- Total interior livable area: 26,656 sqft
- Finished area above ground: 26,656
Property
Parking
- Total spaces: 30
- Parking features: Paved Drive
- Uncovered spaces: 30
Lot
- Size: 1 Acres
- Features: Other
Details
- Parcel number: M:11 B:018 L:00019
- Zoning: RS-10\ RL7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Stone
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $5,187,700
- Annual tax amount: $68,892
- Date on market: 7/8/2026
- Total actual rent: 19998
Estimated market value
Not available
Estimated sales range
Not available
$3,082/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $4,850,000$182/sqft |
Source: MLS PIN #73546527 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,608 +2.1% | $425,200 +6.5% |
| 2024 | $5,490 +4.1% | $399,300 +8.6% |
| 2023 | $5,274 +8.4% | $367,800 +15% |
| 2022 | $4,864 +1.7% | $319,800 +8.8% |
| 2021 | $4,783 +3.2% | $293,800 +7.8% |
| 2020 | $4,633 +3.9% | $272,500 +10.1% |
| 2019 | $4,457 +0.6% | $247,600 +5.7% |
| 2018 | $4,429 +4.1% | $234,200 +5.8% |
| 2017 | $4,255 +0.8% | $221,400 +8.1% |
| 2016 | $4,221 +2.7% | $204,800 |
| 2015 | $4,110 +2.9% | $204,800 +0.1% |
| 2014 | $3,996 +3.5% | $204,500 -1.6% |
| 2013 | $3,861 +2.9% | $207,800 -6% |
| 2012 | $3,754 +9.6% | $221,100 -2.2% |
| 2010 | $3,425 -1.6% | $226,100 -12.3% |
| 2009 | $3,482 +4% | $257,900 -3.4% |
| 2008 | $3,347 +5.6% | $266,900 +1.9% |
| 2007 | $3,169 +3.8% | $261,900 +7.5% |
| 2006 | $3,054 +2% | $243,700 +7.3% |
| 2005 | $2,994 +3.7% | $227,200 +16% |
| 2004 | $2,888 +16.3% | $195,800 +27.4% |
| 2003 | $2,484 +2.9% | $153,700 +13.7% |
| 2002 | $2,413 +17.1% | $135,200 +21.1% |
| 2000 | $2,061 +6.8% | $111,600 +8% |
| 1997 | $1,929 | $103,300 |
Find assessor info on the county website
Monthly payment
Est. payment
