Incredible investment opportunity in the heart of Worcester! This prime 3-unit multi-family property is a stellar addition to any real estate portfolio or the perfect setup for an owner-occupant. The property features a highly rentable layout, boasting two spacious units with 3 bedrooms and 1 full bathroom each, capped off by a bright top-floor unit offering 2 bedrooms and 1 full bathroom. Ample off street parking and on-site coin-op laundry available for tenants! Situated in an amazing, central location, tenants and owners alike will love the effortless commuter access to numerous major routes, paired with the ultimate convenience of being just minutes away from Worcester’s vibrant local restaurants, cafes, and shops. Whether you want to collect strong stable rents or live in one unit while building equity, this versatile multi-family is ready to help you grow your portfolio. Don't miss out!
Pending
$595,000
56 Paine St, Worcester, MA 01605
7beds
2,956sqft
3 Family - 3 Units Up/Down
Built in 1896
-- sqft lot
$598,600 Zestimate®
$201/sqft
$-- HOA
What's special
On-site coin-op laundryHighly rentable layoutAmple off street parking
- 47 days |
- 115 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
The Balestracci Group 508-834-8081,
Lamacchia Realty, Inc. 508-832-5324,
Matthew Jette 978-361-5798
Source: MLS PIN,MLS#: 73545758
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Bathroom With Tub & Shower, Ceiling Fan(s), Living Room, Kitchen
- Flooring: Tile, Hardwood, Stone/Ceramic Tile, Carpet
- Doors: Storm Door(s)
- Windows: Insulated Windows
- Basement: Full,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,956
- Total interior livable area: 2,956 sqft
- Finished area above ground: 2,956
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive, Paved
- Uncovered spaces: 5
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters
Lot
- Size: 4,324 Square Feet
- Features: Corner Lot
Details
- Foundation area: 0
- Parcel number: M:09 B:009 L:00018,1770849
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Conventional (2x4-2x6)
- Foundation: Stone
- Roof: Shingle,Other
Condition
- Year built: 1896
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $201/sqft
- Tax assessed value: $435,700
- Annual tax amount: $5,747
- Date on market: 7/7/2026
- Exclusions: Tenant Owned Appliances, Laundry Machines
- Total actual rent: 4750
- Road surface type: Paved
Estimated market value
$598,600
$569,000 - $629,000
$2,491/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Pending sale | $595,000$201/sqft |
Source: MLS PIN #73545758 Report a problem | ||
| 7/16/2026 | Contingent | $595,000$201/sqft |
Source: MLS PIN #73545758 Report a problem | ||
| 7/7/2026 | Listed for sale | $595,000+58.7%$201/sqft |
Source: MLS PIN #73545758 Report a problem | ||
| 6/3/2022 | Listing removed | -- |
Source: MLS PIN #72771213 Report a problem | ||
| 3/3/2021 | Sold | $375,000-1.3%$127/sqft |
Source: Public Record Report a problem | ||
| 1/11/2021 | Pending sale | $379,999$129/sqft |
Source: MLS PIN #72771213 Report a problem | ||
| 1/4/2021 | Listed for sale | $379,999-4.8%$129/sqft |
Source: RE-Connect, LLC #72771213 Report a problem | ||
| 9/30/2020 | Listing removed | $399,000$135/sqft |
Source: Property Investors & Advisors, LLC #72731477 Report a problem | ||
| 9/23/2020 | Listed for sale | $399,000+1595.3%$135/sqft |
Source: Property Investors & Advisors, LLC #72731477 Report a problem | ||
| 12/23/1996 | Sold | $23,535-81.9%$8/sqft |
Source: Public Record Report a problem | ||
| 9/20/1996 | Sold | $129,784$44/sqft |
Source: Public Record Report a problem | ||
| 1/25/1996 | Sold | $129,784$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,747 +2.6% | $435,700 +6.9% |
| 2024 | $5,603 +8% | $407,500 +12.7% |
| 2023 | $5,187 +11.2% | $361,700 +18% |
| 2022 | $4,663 +24.1% | $306,600 +32.9% |
| 2021 | $3,756 +6.6% | $230,700 +11.3% |
| 2020 | $3,524 -3.2% | $207,300 +2.5% |
| 2019 | $3,640 +1.4% | $202,200 +6.5% |
| 2018 | $3,591 +5.6% | $189,900 +7.3% |
| 2017 | $3,402 +2.7% | $177,000 +10.1% |
| 2016 | $3,314 +2.7% | $160,800 |
| 2015 | $3,227 +2.7% | $160,800 |
| 2014 | $3,142 +9.7% | $160,800 +4.3% |
| 2013 | $2,865 +7.1% | $154,200 -2.2% |
| 2012 | $2,676 -0.4% | $157,600 -11.1% |
| 2010 | $2,686 -0.4% | $177,300 -11.3% |
| 2009 | $2,697 -16.5% | $199,800 -22.4% |
| 2008 | $3,230 +7.3% | $257,600 +3.6% |
| 2007 | $3,009 +3% | $248,700 +6.7% |
| 2006 | $2,921 +1% | $233,100 +6.2% |
| 2005 | $2,893 +21.3% | $219,500 +35.7% |
| 2004 | $2,385 +14.3% | $161,700 +25.3% |
| 2003 | $2,086 +17.3% | $129,100 +29.6% |
| 2002 | $1,778 +25.2% | $99,600 +29.5% |
| 2000 | $1,420 +0.9% | $76,900 +2% |
| 1997 | $1,408 | $75,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01605
Nearby schools
GreatSchools rating
- 3/10City View Discovery SchoolGrades: PK-6Distance: 1.1 mi
- 4/10Burncoat Middle SchoolGrades: 7-8Distance: 1.1 mi
- 2/10Burncoat Senior High SchoolGrades: 9-12Distance: 1.2 mi
- $---- bd-- ba-- sqft58 Paine St #C, Worcester, MA 01605Off Market
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- $382,8002 bd1 ba1.5k sqft60 Paine St, Worcester, MA 01605Off Market
- $383,5002 bd1 ba1.5k sqft60B Paine St #B, Worcester, MA 01605Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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