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Sold on 03/13/2024
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244 Pleasant St, Worcester, MA 01609

$3,892,687

Last sold 03/13/2024 for $1.6M

  • 40

    bed

  • 2

    bath

  • 24,252

    Sqft ($66/Sqft)

Multi-family not for sale
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About 244 Pleasant St

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 0.3 Acre
Movoto estimate
Property description
Welcome to 244 Pleasant Street!!! Rarely available enormous 24,000 sq ft 13 unit building(s) for sale with lots of room for rental revenue growth and/or redevelopment possibilities. This property consists of 2 building one of which has 10 units made up of 8 residential units and 2 commercial units with a separate 3 family building on same lot. Separate gas and electric for all 13 units. Rents are below market value with plenty of room for growth. Please see property information attached to the listing and schedule your showing today. All potential buyers must provide proof of funds or approved financing. Take advantage of the growing Worcester Market and this buildings great location. Total property encompasses 242-250 Pleasant St. Motivated seller in order to complete a 1031 Exchange.
Listed by
Listing Agent - Alexander Colarusso
Listing Office - Colarusso Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#73210660 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 7 minutes ago
Overview
Levels/Style 5
MLS # 73210660
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 24252
Lot Size (SqFt) 12977
Lot Size (Acres) 0.3
Annual Property Tax 24977.41
Year Built 1890
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 40
Total # of Rooms 50
Exterior
Foundation Brick/Mortar
Parking Desc Paved Drive, Off Street
# Parking Spaces 15
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Worcester
Zoning BG-3
APN M:03 B:026 L:08+15, 1764089
Directions Please GPS 244 Pleasant Street Worcester
Multifamily Details
Net Operating Income 107575
Operating Expense 49625
Total Actual Rent 15720
Gross Income 157200
$3.89M
Range: $3.5M-$4.28M
Last 30 days 
  • May 2024
    mls logo MLS # 73210660
  • May 25, 2024 Sold
    $1,600,000 (-8.6%)
  • Mar 10, 2024 Listed
    $1,750,000 (+110.8%)
  • Feb 2018
    mls logo MLS # 72122889
  • Feb 2, 2018 Sold
    $830,000 (-12.6%)
  • Feb 24, 2017 Listed
    $950,000 (-3.0%)
  • Sep 2016
    mls logo MLS # 71974634
  • Sep 23, 2016 Price Change
    $979,000 (-2.0%)
  • Mar 18, 2016 Listed
    $999,000 (+122.0%)
  • Jul 2009
    Public Records
  • Jul 31, 2009 Sold
    $450,000 (-45.1%)
  • Dec 2004
    Public Records
  • Dec 14, 2004 Sold
    $820,000
  • 244 Pleasant St
    $1.6M
  • Main Middle
    $376K +36% y/y
  • 01609
    $624K +9% y/y
  • Worcester
    $437K -2% 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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The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
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 in 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.
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