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Sold on 05/20/2025
  • Exterior
  • Other
  • Living
  • Kitchen
  • Bath

27 Richards St, Worcester, MA 01603

$673,000

Last sold 05/20/2025 for $660K

  • 8

    bed

  • 3

    bath

  • 2,682

    Sqft ($246/Sqft)

Multi-family not for sale
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About 27 Richards St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 8,999 Sqft
Movoto estimate
Property description
Prime investment or owner-occupant opportunity! 2/10 mile to Clark University a well-located multi-family featuring a vacant 4-bedroom apartment perfect for immediate move-in or strong rental income. Situated on a large lot with off-street parking and potential for an ADU (Accessory Dwelling Unit). This property offers excellent upside in a high-demand rental market. Don’t miss your chance to capitalize on this versatile property! Updated electrical with sub panels in the units. Updated plumbing with lots of Pex piping and ABS waste pipes. Separate water sub meters for future condo conversion.
Listed by
Listing Agent - Brian Allen
Listing Office - Property Investors & Advisors, LLC
Source: MLS Property Information Network, Inc. mls logo
MLS#73370467 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Overview
Levels/Style 3, 3
MLS # 73370467
Type Residential Income
Status Closed
SubType 3 Family
SqFt 2682
Lot Size (SqFt) 8999
Lot Size (Acres) 0.21
Annual Property Tax 6763
Year Built 1900
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 8
Basement Full
Total # of Rooms 13
Exterior
Foundation Irregular
Parking Desc Off Street
# Parking Spaces 2
Lot Desc Other
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Worcester
Zoning RG-5
APN M:07 B:010 L:00011, 1768763
Directions Off Main Or Cambridge Street
Multifamily Details
Net Operating Income 66000
Total Actual Rent 6800
Gross Income 66000
Lot/ Land Details
Road Frontage Public
$673K
Range: $592K-$753K
Last 30 days 
  • Jul 2025
    mls logo MLS # 73370467
  • Jul 1, 2025 Sold
    $660,000 (+1.7%)
  • May 6, 2025 Listed
    $649,000 (+201.9%)
  • Dec 2016
    mls logo MLS # 72074467
  • Dec 2, 2016 Sold
    $215,000
  • Sep 29, 2016 Listed
    $215,000
  • Year Property taxes Tax assessment
  • 2025
    $6,763 +2.4%
    $512,700 +6.7%
  • 2024
    $6,607 +8.1%
    $480,500 +12.74%
  • 2023
    $6,112 +11.4%
    $426,200 +18.16%
  • 2022
    $5,486 +22.8%
    $360,700 +31.45%
  • 2021
    $4,467 +6.3%
    $274,400 +11.0%
  • 2020
    $4,202 +12.1%
    $247,200 +18.73%
  • 2019
    $3,748 -1.6%
    $208,200 +3.33%
  • 2018
    $3,810 +5.0%
    $201,500 +6.78%
  • 2017
    $3,627 +4.6%
    $188,700 +12.12%
  • 2016
    $3,469 +2.7%
    $168,300
  • 2015
    $3,378
    —
  • 27 Richards St
    $660K
  • University Park
    $349K -34% y/y
  • 01603
    $369K 0% y/y
  • Worcester
    $427K -10% y/y
No chart available
Statistics calculated by Movoto

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3/10
Goddard School of Science & Technology
public Grades PK, K-6
Worcester School District
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
4/10
University Pk Campus School
public Grades 7-12
Worcester School District
5/10
Sullivan Middle School
public Grades 6-8
Worcester School District
Source: GreatSchools.org © 2026. All rights reserved.

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