Wonderfully maintained 9 unit investment property in Worcester! This property features 7 1 bed/1ba units and 2 two bed/1ba units. There is an additional detached 2 car garage structure offering potential future income. Coin op common laundry area. Rare large off street parking lot offering two spots per unit! Featuring updated vinyl windows and low maintenance vinyl siding. Several freshly updated units, 2 of which are vacant and ready to be rented as well as low owner expenses with electric heat and split utilities. This property is located on a quiet, sought after street - close to Shrewsbury line, approximately 1 mile from UMASS medical center, Rt 9, I-290. There is still room to improve the performance of this fantastic investment opportunity. Excellent cashflow!
Sold for $1,649,000
$1,649,000
91 Alvarado Ave, Worcester, MA 01604
11beds
6,938sqft
5-9 Family
Built in 1955
-- sqft lot
$-- Zestimate®
$238/sqft
$1,770 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,770/mo
Zestimate® history
Owner options
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$1,770/mo
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$1,770/mo
Rent Zestimate®
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$10,603/mo
Est. payment
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$10,603/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Kristen Corcoran 978-495-2384,
Coldwell Banker Realty - Leominster 978-840-4014
Bought with:
Omar Regalado
eXp Realty
Source: MLS PIN,MLS#: 73316121
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Electric
Cooling
- Window Unit(s)
Appliances
- Included: Range, Microwave, Refrigerator
Features
- Laundry Room, Living Room, Kitchen
- Flooring: Wood, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 6,938
- Total interior livable area: 6,938 sqft
Property
Parking
- Total spaces: 19
- Parking features: Paved Drive, Paved
- Garage spaces: 2
- Uncovered spaces: 17
Lot
- Size: 0.33 Acres
- Features: Level
Details
- Parcel number: 1779316
- Zoning: RL7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Public School
Location
- Region: Worcester
HOA & financial
Other financial information
- Total actual rent: 4245
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2025 | Listing removed | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 3/18/2025 | Price change | $1,850-2.6% |
Source: Zillow Rentals Report a problem | ||
| 2/23/2025 | Listed for rent | $1,900 |
Source: Zillow Rentals Report a problem | ||
| 2/13/2025 | Sold | $1,649,000$238/sqft |
Source: MLS PIN #73316121 Report a problem | ||
| 11/29/2024 | Listed for sale | $1,649,000+137.3%$238/sqft |
Source: MLS PIN #73316121 Report a problem | ||
| 6/16/2008 | Sold | $695,000+46.3%$100/sqft |
Source: Public Record Report a problem | ||
| 7/3/2002 | Sold | $475,000$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,251 +5.4% | $1,383,700 +9.9% |
| 2024 | $17,309 -0.9% | $1,258,800 +3.3% |
| 2023 | $17,469 +3.8% | $1,218,200 +10.1% |
| 2022 | $16,825 +24.3% | $1,106,200 +33.1% |
| 2021 | $13,535 +22.3% | $831,400 +27.7% |
| 2020 | $11,070 +3.9% | $651,200 +10% |
| 2019 | $10,656 -1.7% | $592,000 +3.2% |
| 2018 | $10,843 -1.6% | $573,400 |
| 2017 | $11,021 +20.5% | $573,400 +29.3% |
| 2016 | $9,143 +2.7% | $443,600 |
| 2015 | $8,903 +2.7% | $443,600 |
| 2014 | $8,668 +9.3% | $443,600 +3.9% |
| 2013 | $7,932 +3.5% | $426,900 -5.4% |
| 2012 | $7,666 -7.9% | $451,500 -17.8% |
| 2010 | $8,323 +3.5% | $549,400 -7.7% |
| 2009 | $8,038 +4.3% | $595,400 -3.1% |
| 2008 | $7,707 -2.4% | $614,600 -5.8% |
| 2007 | $7,894 +9.3% | $652,400 +13.2% |
| 2006 | $7,222 +13.1% | $576,400 +18.9% |
| 2005 | $6,388 -5.3% | $484,700 +6% |
| 2004 | $6,742 +21.1% | $457,100 +32.7% |
| 2003 | $5,567 +20.1% | $344,500 +32.7% |
| 2002 | $4,634 +10.6% | $259,600 +14.5% |
| 2000 | $4,189 | $226,800 +20.8% |
| 1997 | -- | $187,700 |
Find assessor info on the county website
Neighborhood: 01604
Nearby schools
GreatSchools rating
- 6/10Lake View SchoolGrades: K-6Distance: 0.1 mi
- 4/10Worcester East Middle SchoolGrades: 7-8Distance: 1.5 mi
- 1/10North High SchoolGrades: 9-12Distance: 0.5 mi
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- Massachusetts
- Worcester County
- Worcester
- 01604
- 91 Alvarado Ave
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