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Sold on 06/01/2023

27 Lafayette St, Worcester, MA 01610

$557,000

Last sold 06/01/2023 for $460K

  • 8

    bed

  • 3

    bath

  • 2,697

    Sqft ($171/Sqft)

Multi-family not for sale
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About 27 Lafayette St

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 4,393 Sqft
Movoto estimate
Property description
Motivated seller! Three-family with a huge parking lot in the city's most actively developed area. Property is stabilized and currently makes $4600 in rents per month. All units are below market value and the total rent could be $5300. There is additional income from the newly setup coin-op laundry. Pro forma financial statement available upon request. Sits in a very lively neighborhood, short walk to the Polar Park and the Canal District with bars, restaurants and the Worcester Public Market. Off street parking for up to 10 cars. All 3 units have some updates done in the past 2 years. 3 furnaces installed in 2016. Lead certificates for all units. Landlord meter. Unit 3 is TAW. Potential for future expansion with a large walk-up attic. Great opportunity to own a piece of real estate in the city's most thriving and transforming area. Suitable for owner occupants or investors.
Listed by
Listing Agent - Jason Saphire
Listing Office - www.HomeZu.com
Source: MLS Property Information Network, Inc. mls logo
MLS#73106181 • last updated 3 years ago
Movoto checked MLS Property Information Network, Inc. for data 2 minutes ago
Overview
Levels/Style 6
MLS # 73106181
Type Residential Income
Status Closed
SubType 3 Family - 3 Units Up/Down
SqFt 2697
Lot Size (SqFt) 4393
Lot Size (Acres) 0.1
Annual Property Tax 6098
Year Built 1890
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 8
Basement Dirt Floor
Total # of Rooms 14
Appliances Gas Water Heater, Utility Connections For Gas Range
Exterior
Foundation Concrete Perimeter
Roof Shingle
Construction Frame
Parking Desc Paved Drive, Off Street, Paved
# Parking Spaces 10
Amenities / Utilities
Sewer Public Sewer
Green Features: Energy Efficiency Other (See Remarks)
Utilities For Gas Range
Electricity 200+ Amp Service
Water Source Public
Location
County Worcester
Zoning BG-3
APN 1765979
Directions Use G P S Address 27 Lafayette St Worcester
Multifamily Details
Net Operating Income 55200
Total Actual Rent 4600
Gross Income 55200
Lot/ Land Details
Road Frontage Public
$557K
Range: $378K-$735K
Last 30 days 
  • Jul 2023
    mls logo MLS # 73106181
  • Jul 11, 2023 Sold
    $460,000 (-16.3%)
  • May 24, 2023 Price Change
    $549,900 (-3.5%)
  • May 15, 2023 Price Change
    $569,900 (-1.7%)
  • May 2, 2023 Listed
    $579,900 (+427.2%)
  • Oct 2009
    Public Records
  • Oct 19, 2009 Sold
    $110,000
  • Year Property taxes Tax assessment
  • 2025
    $6,052 -8.9%
    $458,800 -5.01%
  • 2024
    $6,641 +8.9%
    $483,000 +13.57%
  • 2023
    $6,099 +10.7%
    $425,300 +17.42%
  • 2022
    $5,509 +17.7%
    $362,200 +25.94%
  • 2021
    $4,682 +7.5%
    $287,600 +12.21%
  • 2020
    $4,357 -5.4%
    $256,300 +0.16%
  • 2019
    $4,606 +11.6%
    $255,900 +17.28%
  • 2018
    $4,126 +6.1%
    $218,200 +7.81%
  • 2017
    $3,890 -0.2%
    $202,400 +7.03%
  • 2016
    $3,897 +2.7%
    $189,100
  • 2015
    $3,795
    —
  • 27 Lafayette St
    $460K
  • Green Island
    $330K -26% y/y
  • 01610
    $425K
  • 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
4/10
Chandler Elementary Community School
public Grades K-6
Worcester School District
3/10
Worcester East Middle School
public Grades 7-8
Worcester School District
4/10
University Pk Campus School
public Grades 7-12
Worcester School District
1/10
North High School
public Grades 9-12
Worcester School District
Source: GreatSchools.org © 2026. All rights reserved.

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