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Off market
  • Zillow Home logoZestimate®
    $1,162,300

    5 Palm St, Worcester, MA 01604

    10beds
    --sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $1,162,300 Zestimate®
    $--/sqft
    $2,536 Estimated rent

    Home value

    $1,162,300

    $1.06M - $1.28M

    $2,536/mo

    Zestimate® history
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    What's special

    Great Opportunity! 5,7,9 Palm St 1/4 acre corner lot. This was a mansion converted into 6 units with a 2 bedroom attached cottage separate from main house. Roof approximately 10 yrs. Bldg. Deleaded and Insulated. Quiet Area surrounded by owner occupied houses. Minutes to major HW. Huge fenced in backyard w/ basketball court, shed, picnic table and gas grille. Driveway with 2 off street parking spaces. Easily add 6+ parking spaces. This is a Great Investment property or ideal for owner occupied with positive cash flow. Fair market rent $75,000 annually Expenses total $14,760 Insurance $4,700 for million dollars policy Taxes $6,600. Water $4,000. LL lights $460 Cottage: 2 upstairs bedroom, HW floors, gas furnace approximately 3 years old. Units: 1 bdrm. 1 ba w/ 2 marble fireplaces. 1 bdrm. 1 ba. 1 bdrm. 1 ba w/ 1 marble fireplace. 2 bdrm. 1 ba. Studio unit 1 ba. 2 bdrm. 1 ba Contact Jim 508-792-0002 *****PRINCIPALS ONLY***** PS. This would be a great opportunity for first time buyers. You could live in the 2 story cottage with a huge private fenced in yard, driveway with off street parking. You can collect 6 rents Monthly to cover operational expenses and still have money in your pocket.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Features
    • Has fireplace: No

    Property

    Parking
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 0.26 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1925

    Community & HOA

    Location
    • Region: Worcester

    Price history

    DateEventPrice
    8/4/2023Sold$1,070,000-10.8%
    Source: MLS PIN #73115091 Report a problem
    5/29/2023Listed for sale$1,200,000+166.7%
    Source: MLS PIN #73115091 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    6/13/2017Listing removed$449,900
    Source: Owner Report a problem
    3/13/2017Listed for sale$449,900
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 01604

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,162,300
    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
    $1,162,300