Exceptional 3-family investment opportunity in a prime Worcester location. Ideal for both investors and owner-occupants, this property presents an opportunity for steady cash flow and long-term value. The fully renovated third-floor unit, complete with a brand-new heating system, adds immediate value and reduces future capital expenses, making this a smart long-term hold. The remaining units provide steady rental income, and each unit features washer and dryer hookups. With a pro forma cap rate exceeding 7%, this is a solid income-producing asset with upside. Conveniently located near major highways, shopping, dining, and local amenities, this property is a standout addition to any portfolio.
Sold for $700,000
$700,000
62 May St, Worcester, MA 01610
10beds
3,765sqft
3 Family
Built in 1890
-- sqft lot
$764,600 Zestimate®
$186/sqft
$2,610 Estimated rent
Home value
$764,600
$726,000 - $810,000
$2,610/mo
Zestimate® history
Owner options
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$2,610/mo
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$2,610/mo
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$4,416/mo
Est. payment
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$4,416/mo
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List your homeWhat's special
Brand-new heating systemFully renovated third-floor unitWasher and dryer hookups
Zillow last checked:
Listing updated:
Listed by:
The Decotis Group 978-210-3030,
Lyv Realty 978-533-8000
Bought with:
Carmen De La Cruz
Property Investors & Advisors, LLC
Source: MLS PIN,MLS#: 73501533
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Appliances
- Included: Range, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup
Features
- Lead Certification Available, Remodeled, Living Room, Kitchen, Dining Room
- Flooring: Vinyl, Hardwood
- Basement: Full,Interior Entry,Dirt Floor,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,765
- Total interior livable area: 3,765 sqft
- Finished area above ground: 3,765
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Tandem
- Uncovered spaces: 3
Features
- Patio & porch: Porch
- Exterior features: Balcony/Deck, Balcony
Lot
- Size: 6,009 sqft
- Features: Corner Lot
Details
- Parcel number: M:06 B:022 L:00045,1767609
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Location
- Region: Worcester
HOA & financial
Other financial information
- Total actual rent: 4200
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Sold | $700,000+0%$186/sqft |
Source: MLS PIN #73501533 Report a problem | ||
| 5/29/2026 | Pending sale | $699,900$186/sqft |
Source: MLS PIN #73501533 Report a problem | ||
| 4/23/2026 | Contingent | $699,900$186/sqft |
Source: MLS PIN #73501533 Report a problem | ||
| 4/15/2026 | Listed for sale | $699,900+7.7%$186/sqft |
Source: MLS PIN #73501533 Report a problem | ||
| 11/12/2025 | Listing removed | $649,900$173/sqft |
Source: MLS PIN #73440989 Report a problem | ||
| 10/20/2025 | Price change | $649,900-3.7%$173/sqft |
Source: MLS PIN #73440989 Report a problem | ||
| 10/8/2025 | Listed for sale | $674,900+101.5%$179/sqft |
Source: MLS PIN #73440989 Report a problem | ||
| 1/10/2019 | Sold | $335,000+3.1%$89/sqft |
Source: Public Record Report a problem | ||
| 2/9/2011 | Listed for rent | $875 |
Source: Postlets Report a problem | ||
| 1/6/2003 | Sold | $325,000+900%$86/sqft |
Source: Public Record Report a problem | ||
| 3/4/1996 | Sold | $32,500-47.6%$9/sqft |
Source: Public Record Report a problem | ||
| 8/1/1995 | Sold | $62,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,605 +2.9% | $652,400 +7.3% |
| 2024 | $8,363 +8.1% | $608,200 +12.7% |
| 2023 | $7,739 +11.1% | $539,700 +17.9% |
| 2022 | $6,963 +15% | $457,800 +23.1% |
| 2021 | $6,053 +7.3% | $371,800 +12.1% |
| 2020 | $5,639 +8.7% | $331,700 +15.1% |
| 2019 | $5,188 -1.3% | $288,200 +3.7% |
| 2018 | $5,255 +6% | $277,900 +7.8% |
| 2017 | $4,957 +1.8% | $257,900 +9.2% |
| 2016 | $4,868 +2.7% | $236,200 |
| 2015 | $4,741 +2.7% | $236,200 |
| 2014 | $4,615 +10.4% | $236,200 +5% |
| 2013 | $4,179 +7% | $224,900 -2.3% |
| 2012 | $3,907 +7.6% | $230,100 -4% |
| 2010 | $3,630 +26% | $239,600 +12.3% |
| 2009 | $2,880 -36.7% | $213,300 -41.2% |
| 2008 | $4,548 -21.1% | $362,700 -23.9% |
| 2007 | $5,767 +9.9% | $476,600 +13.8% |
| 2006 | $5,246 +32.5% | $418,700 +39.4% |
| 2005 | $3,959 +32.6% | $300,400 +48.4% |
| 2004 | $2,985 +72.1% | $202,400 +88.6% |
| 2003 | $1,734 +14.7% | $107,300 +26.7% |
| 2002 | $1,512 +16.3% | $84,700 +20.3% |
| 2000 | $1,300 -13.9% | $70,400 -12.9% |
| 1997 | $1,509 | $80,800 |
Find assessor info on the county website
Neighborhood: 01610
Nearby schools
GreatSchools rating
- 4/10Woodland AcademyGrades: K-6Distance: 0.2 mi
- 4/10University Pk Campus SchoolGrades: 7-12Distance: 0.7 mi
- 5/10Jacob Hiatt Magnet SchoolGrades: PK-6Distance: 0.6 mi
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Estimated market value
$764,600
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Estimated market value
$764,600
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