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Sold for $620,000
  • $620,000

    56 Paine St, Worcester, MA 01605

    7beds
    2,956sqft
    3 Family - 3 Units Up/Down
    Built in 1896
    -- sqft lot
    $620,500 Zestimate®
    $210/sqft
    $2,234 Estimated rent

    Home value

    $620,500

    $577,000 - $664,000

    $2,234/mo

    Zestimate® history
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    $2,234/mo

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    $4,275/mo

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    What's special

    On-site coin-op laundryHighly rentable layoutAmple off street parking
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Balestracci Group 508-834-8081,

    Lamacchia Realty, Inc. 508-832-5324,

    Matthew Jette 978-361-5798

    Bought with:

    Pax Estate Group

    eXp Realty LLC

    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: $210/sqft
    • Tax assessed value: $435,700
    • Annual tax amount: $5,747
    • Date on market: 9/6/2026
    • Exclusions: Tenant Owned Appliances, Laundry Machines
    • Total actual rent: 4750
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/1/2026Sold$620,000+4.2%$210/sqft
    Source: MLS PIN #73545758 Report a problem
    7/30/2026Pending sale$595,000$201/sqft
    Source: MLS PIN #73545758 Report a problem
    7/16/2026Contingent$595,000$201/sqft
    Source: MLS PIN #73545758 Report a problem
    7/7/2026Listed for sale$595,000+58.7%$201/sqft
    Source: MLS PIN #73545758 Report a problem
    6/3/2022Listing removed--
    Source: MLS PIN #72771213 Report a problem
    3/3/2021Sold$375,000-1.3%$127/sqft
    Source: Public Record Report a problem
    1/11/2021Pending sale$379,999$129/sqft
    Source: MLS PIN #72771213 Report a problem
    1/4/2021Listed for sale$379,999-4.8%$129/sqft
    Source: RE-Connect, LLC #72771213 Report a problem
    9/30/2020Listing removed$399,000$135/sqft
    Source: Property Investors & Advisors, LLC #72731477 Report a problem
    9/23/2020Listed for sale$399,000+1595.3%$135/sqft
    Source: Property Investors & Advisors, LLC #72731477 Report a problem
    12/23/1996Sold$23,535-81.9%$8/sqft
    Source: Public Record Report a problem
    9/20/1996Sold$129,784$44/sqft
    Source: Public Record Report a problem
    1/25/1996Sold$129,784$44/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 01605

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $620,500
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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
    $620,500