Movoto Real Estate
Sold on 10/27/2023

140 Elm St, Worcester, MA 01609

$1,279,000

Last sold 10/27/2023 for $960K

  • 8

    bed

  • 6

    bath

  • 5,790

    Sqft ($166/Sqft)

Multi-family not for sale

About 140 Elm St

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 7,604 Sqft
Movoto estimate
Parking 3 garage spaces
Property description
Overlooking Elm Park this meticulously maintained 5-unit Victorian is a dream investment poised to perform as a turnkey buy and hold, value add, or condo conversion. Enjoy a solid tenant pool and great returns in one of the most desirable areas of the city only .5 miles from WPI or make this your favorite project and turn it into a masterpiece. Victorian features include soaring ceilings, solid maple flooring, stained glass, built-ins, and beautiful wood and metalwork. Units have individual gas furnaces, HWTs, and electrical services while common areas include freshly painted stairwells, a repaved driveway, a walk-up attic, and an immaculate basement with laundry. There's even a 3-car garage! Four units are to be delivered as TAW, or vacant. Top floor-through 4 bed, 2 bath offers in-unit laundry and central a/c - delivered vacant as potential owner's unit. Rents are all well under-market and floor plans could be modified to include an extra bedroom in two of the units. THIS IS THE ONE!
Listed by
Listing Agent - Kiernan Middleman
Listing Office - Berkshire Hathaway HomeServices Warren Residential
Source: MLS Property Information Network, Inc. mls logo
MLS#73172182 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
Overview
Levels/Style 9
MLS # 73172182
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 5790
Lot Size (SqFt) 7604
Lot Size (Acres) 0.17
Annual Property Tax 9648
Year Built 1910
Interior
Total # of Bathrooms 6
# Full Baths 6
Total # of Bedrooms 8
Basement Full
Total # of Rooms 24
Flooring Hardwood
Window Features Screens
Exterior
Foundation Stone
Roof Shingle, Slate
Construction Frame
# Covered Spaces 3
Parking Desc Paved Drive, Off Street, Driveway
# Parking Spaces 8
# Garage Spaces 3
Exterior Features Porch, Covered Patio/Deck, Balcony, Screens
Patio/ Porch Porch, Covered
Lot Desc Level
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
View Scenic View(s)
County Worcester
Community Features Public Transportation, Park, Highway Access, Public School
Zoning RG-5
APN 1766774
Directions Across From Elm Park
Multifamily Details
Net Operating Income 80894
Operating Expense 10306
Total Actual Rent 7600
Financial Data Source Owner
Expense: Water/ Sewer 1548
Gross Income 91200
Expense: Electricity 842
Lot/ Land Details
Road Frontage Public
$1.27M
Range: $1.04M-$1.5M
Last 30 days 
  • Oct 2023
    mls logo MLS # 73172182
  • Oct 31, 2023 Active
  • Oct 19, 2023 Listed
    $995,000
  • Year Property taxes Tax assessment
  • 2025
    $12,350 +40.5%
    $936,300 +46.41%
  • 2024
    $8,793 -8.9%
    $639,500 -4.95%
  • 2023
    $9,648 +15.8%
    $672,800 +22.82%
  • 2022
    $8,332 +17.9%
    $547,800 +26.22%
  • 2021
    $7,066 +10.4%
    $434,000 +15.27%
  • 2020
    $6,401
    $376,500
  • 140 Elm St
    $960K
  • Institute Park
    $250K -13% y/y
  • 01609
    $624K +9% y/y
  • Worcester
    $429K -4% y/y
No chart available
Statistics calculated by Movoto

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5/10
Jacob Hiatt Magnet School
public Grades PK, K-6
Worcester School District
3/10
Chandler Magnet School
public Grades PK, K-6
Worcester School District
3/10
Elm Park Community School
public Grades K-6
Worcester School District
4/10
University Pk Campus School
public Grades 7-12
Worcester School District
3/10
Doherty Memorial High School
public Grades 9-12
Worcester School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • MA
  • Worcester County
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  • 01609
  • Institute Park
  • 140 Elm St
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