3 months on rocket

229 Lincoln St, Worcester, MA, 01605

$800,000

Home List Price

$9,500*

Closing Credit

9 Bedrooms
3 Full Baths
4,152 SqFt
$193/SqFt
Multi

Location

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229 Lincoln St, Worcester$800,000

Buyer Closing Credits

$9,500*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, Common
Garage5 spaces
Year Built1890
HeatingNatural Gas, Electric
ViewCity
MLS #73289285
Lot Size0.19 Acres
StatusActive
(Price Changed)

About 229 Lincoln St

Introducing a fantastic investment opportunity in the heart of downtown Worcester! This 3-unit rental property boasts spacious 3-bedroom apartments in each unit, offering the perfect combination of modern living and urban convenience. Each apartment features generously sized bedrooms, bright living spaces, and well-maintained kitchens, making them highly desirable for tenants. With close proximity to Worcester's bustling downtown, residents will enjoy easy access to local restaurants, shops, parks, and public transportation. Whether you're looking to expand your rental portfolio or seeking a property with strong rental income potential, this multi-unit gem is a must-see! Don’t miss out on this prime opportunity! **Can be sold as a package with 233 Lincoln St or individually**

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 4,152 SqFt

Listing Office:

  • Office Name: RE/MAX Legacy
  • Office Phone: (508) 946-1661
  • Listing Agent: Kade Phillips

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Interior: Living Room, Dining Room, Kitchen, Laundry Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Garage Space: 5 spaces
  • Parking: Off Street, Common

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Electric

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $5,021
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Worcester, MA.

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Worcester, MA

City

Med. Sold Price

$445.9K

Med. Price/SqFt

$260

Avg. Days On Market

32

# of Sold Homes

99

229 Lincoln St vs Worcester

96 DAYS ON ROCKET

+64 Days

$800,000

+$354K More

$193/SqFt

-$67 Less

KEY TAKEAWAY

This property is $354K more than the Median Sold Price and $67/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: #73289285

Listing Office:

  • Office Name: RE/MAX Legacy
  • Office Phone: (508) 946-1661
  • Listing Agent: Kade Phillips

IDX 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: 12/17/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 19, 1995Home Sold
$60,000
Aug 05, 1993Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,021$308,400
2020$3,723$219,000
2019$3,697$205,400
2018$3,659$193,500
2017$3,481$181,100

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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NMLS#3030

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.

Nearby Schools

school-card-donut-4248340
6
/10

  • Belmont Street Community

  • 170 Belmont St

  • 0.79 miles

  • Public District Grades PK-6

school-card-donut-4248341
4
/10

  • Francis J Mcgrath Elementary School

  • 493 Grove St

  • 1.08 miles

  • Public District Grades KG-6

school-card-donut-4248342
5
/10

  • City View

  • 80 Prospect St

  • 1.14 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,641. Residents of Worcester, MA typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Worcester County›Worcester›01605›229 Lincoln St

This home is located at 229 Lincoln St in Worcester, MA and zip code 01605 in the East Worcester neighborhood. This 4,152 square foot home, which was built in 1890, sits on a 0.19 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $800,000.

While more than 56 listings in Worcester, MA in November 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 31 were sold below. The number of homes for sale in Worcester, MA decreased by 16.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 32 days, the median list price was $445,940.

From Rocket Homes Real Estate and based on county public records data.

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