1 month on rocket

7 Lyon St, Worcester, MA, 01604

$775,000

Home List Price

$9,203*

Closing Credit

9 Bedrooms
3 Full Baths
3,260 SqFt
$238/SqFt
Multi

Location

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7 Lyon St, Worcester$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, Tandem
Year Built1900
BasementYes
MLS #73286416
Lot Size0.11 Acres
StatusActive

About 7 Lyon St

Unlock a premier investment opportunity with 7 Lyon Street, a fully stabilized three-family property located just off Shrewsbury Street in Worcester. This well-maintained gem offers an excellent blend of stability, modern amenities, and strong rental potential, making it a prime addition to any investment portfolio. Situated just off the vibrant Shrewsbury Street, this property enjoys proximity to an array of restaurants, shops, and entertainment options. The location offers excellent connectivity to major highways and downtown Worcester, ensuring consistent tenant interest and high occupancy rates. For experienced investors seeking a high-performing, income-generating asset with modern updates and minimal risk, 7 Lyon Street represents a compelling opportunity. Contact us today to explore this exceptional property and see how it can fit into your investment strategy!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 3,260 SqFt

Listing Office:

  • Office Name: Young Realty Group, LLC
  • Office Phone: (774) 217-2268
  • Listing Agent: Benjamin Kovacs

Interior Features

Interior Information:

  • Appliances: Washer, Dryer
  • Basement: Yes
  • Flooring Type: Vinyl, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: Off Street, Tandem

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.11 Acres

School Info

Assigned Schools Information:

  • North High School, Public District Grades 9-12
  • University Pk Campus School, Public District Grades 7-12
  • Worcester East Middle School, Public District Grades 6-8
  • City View, Public District Grades PK-6
  • Jacob Hiatt Magnet, Public Magnet Grades PK-6
  • Chandler Magnet, Public Magnet Grades PK-6

Other

Directions Information:

  • Directions: Shrewsbury Street to Lyon Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $238/SqFt

Tax Information:

  • Annual Amount: $4,770
  • 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

$440K

Med. Price/SqFt

$256

Avg. Days On Market

28

# of Sold Homes

130

7 Lyon St vs Worcester

57 DAYS ON ROCKET

+29 Days

$775,000

+$335K More

$238/SqFt

-$19 Less

KEY TAKEAWAY

This property is $335K more than the Median Sold Price and $19/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: #73286416

Listing Office:

  • Office Name: Young Realty Group, LLC
  • Office Phone: (774) 217-2268
  • Listing Agent: Benjamin Kovacs

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: 11/3/2024, 7:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,770$293,000
2020$4,408$259,300
2019$4,397$244,300
2018$4,293$227,000
2017$4,021$209,200

History based on county public records data.

Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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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.

Elementary School

school-card-donut-1049198
4
/10

  • City View

  • 80 Prospect St

  • 0.26 miles

  • Public District Grades PK-6

school-card-donut-1049199
5
/10

  • Jacob Hiatt Magnet

  • 772 Main St

  • 1.38 miles

  • Public Magnet Grades PK-6

school-card-donut-1049200
6
/10

  • Chandler Magnet

  • 525 Chandler St

  • 2.94 miles

  • Public Magnet Grades PK-6

Middle School

school-card-donut-1049201
4
/10

  • Worcester East Middle School

  • 420 Grafton St

  • 0.87 miles

  • Public District Grades 6-8

High School

school-card-donut-1049202
1
/10

  • North High School

  • 140 Harrington Way

  • 0.87 miles

  • Public District Grades 9-12

school-card-donut-1049203
5
/10

  • University Pk Campus School

  • 12 Freeland St

  • 2.37 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,522. Residents of Worcester, MA typically earn less than $35k each year. Residents typically live in single, no kids family. 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›01604›7 Lyon St

This home is located at 7 Lyon St in Worcester, MA and zip code 01604 in the East Worcester neighborhood. This 3,260 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $775,000.

In October 2024 more than 84 listings in Worcester, MA were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 36 were sold below. In October 2024 in Worcester, MA there were 3.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 28 days, the median list price was $440,000.

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

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