This multi-family investment property offers a solid rental income potential with a prime location. With a total of 9 bedrooms and 4 bathrooms, this property has a spacious layout offering great flexibility. Investment Highlights: Strong rental demand in Worcester due to its proximity to local universities, healthcare institutions, and a growing downtown area. Recent updates and maintenance in common areas and individual units, ensuring lower immediate expenses for the new owner (see attached). Potential for significant cash flow with rent increases as property values in the area continue to rise. Well-maintained exterior and solid infrastructure.
Property Details
Property Features
Property Information:
Year Built: 1923
Living Area: 3,284 SqFt
Listing Office:
Office Name: Coldwell Banker Realty - Belmont
Office Phone: (617) 484-5300
Listing Agent: DelRose McShane Team
Interior Features
Interior Information:
Appliances: Dishwasher, Range, Refrigerator, Range Hood
Basement: Yes
Flooring Type: Tile, Hardwood
Interior: Living Room, Kitchen, Laundry Room, Dining Room
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 9
Exterior Features
Parking Information:
Garage Space: 2 spaces
Parking: Off Street, Paved
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.14 Acres
School Info
Assigned Schools Information:
Burncoat Senior High School, Public District Grades 9-12
University Pk Campus School, Public District Grades 7-12
Burncoat Middle School, Public District Grades 7-8
Jacob Hiatt Magnet, Public Magnet Grades PK-6
Chandler Magnet, Public Magnet Grades PK-6
Other
Directions Information:
Directions: Take I-90 W; I-290 E to Burncoat St. in Worcester. Take exit 22-23 from I-290. Continue to Gilman St
Price Information
Listing Price Info
Price Summary:
List Price: $684,000
Price Per SqFt: $208/SqFt
Tax Information:
Annual Amount: $6,144
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Worcester, MA.
This property is $237.5K more than the Median Sold Price and $47/SqFt less than other homes in Worcester, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73303190
Listing Office:
Office Name: Coldwell Banker Realty - Belmont
Office Phone: (617) 484-5300
Listing Agent: DelRose McShane Team
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/22/2024, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 19, 2005
Dec 19, 2005Home Sold
$370,000
May 15, 2003
May 15, 2003Home Sold
$250,000
Apr 19, 1994
Apr 19, 1994Home Sold
$98,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,144
$377,400
2020
$4,719
$277,600
2019
$4,883
$271,300
2018
$4,966
$262,600
2017
$4,724
$245,800
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Jacob Hiatt Magnet
772 Main St
Distance between this listing and this school2.11 miles
Public Magnet Grades PK-6
6
/10
Chandler Magnet
525 Chandler St
Distance between this listing and this school2.68 miles
Public Magnet Grades PK-6
Middle School
4
/10
Burncoat Middle School
135 Burncoat St
Distance between this listing and this school0.90 miles
Public District Grades 7-8
High School
1
/10
Burncoat Senior High School
179 Burncoat St
Distance between this listing and this school0.93 miles
Public District Grades 9-12
5
/10
University Pk Campus School
12 Freeland St
Distance between this listing and this school3.08 miles
Public District Grades 7-12
Assigned Schools
5
/10
Jacob Hiatt Magnet
772 Main St
Distance between this listing and this school2.11 miles
Public Magnet Grades PK-6
6
/10
Chandler Magnet
525 Chandler St
Distance between this listing and this school2.68 miles
Public Magnet Grades PK-6
Nearby Schools
4
/10
Francis J Mcgrath Elementary School
493 Grove St
Distance between this listing and this school0.96 miles
Public District Grades PK-6
Assigned Schools
4
/10
Burncoat Middle School
135 Burncoat St
Distance between this listing and this school0.90 miles
Public District Grades 7-8
Nearby Schools
4
/10
Forest Grove Middle School
495 Grove St
Distance between this listing and this school1.00 miles
Public District Grades 7-8
4
/10
Seven Hills Charter School
51 Gage St
Distance between this listing and this school1.36 miles
Public Charter Grades KG-8
Assigned Schools
1
/10
Burncoat Senior High School
179 Burncoat St
Distance between this listing and this school0.93 miles
Public District Grades 9-12
5
/10
University Pk Campus School
12 Freeland St
Distance between this listing and this school3.08 miles
Public District Grades 7-12
Nearby Schools
10
/10
Ma Academy For Math and Science School
85 Prescott St
Distance between this listing and this school0.68 miles
The neighbors living near this home have an average income of $75,658. Typical income of Worcester, MA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 13 Gilman St in Worcester, MA and zip code 01605 in the North Worcester neighborhood. This 3,284 square foot home, which was built in 1923, sits on a 0.14 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $684,000.
Over 59 listings were sold over their listed price in September 2024 in Worcester, MA. In the same period over 30 listings were sold below the listed price and 10 listings were sold for the listed price. In September 2024 in Worcester, MA there were 0.7% more homes for sale than in August 2024. In September 2024 median list price was $446,428 and the average listing age was 31 days.
From Rocket Homes Real Estate and based on county public records data.