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340 Hamilton St, Worcester, MA 01604

$1,200,000
Last sold 10/16/2025 after 10 Days
8
bed
4
bath
4,578
Sqft ($262/Sqft)

Multi-family not for sale

11 homes bought nearby with Movoto recently

About 340 Hamilton St

Property type Multi-family

Neighborhood

Year built 1930

HOA fee $0/month

Lot size 5,644 Sqft

Movoto estimate

Property description

This well-maintained four-unit mixed-use property features three updated residential apartments and one ground-floor retail space, all fully stabilized with strong market rents. Each apartment offers gas forced hot-air heating systems, in-unit washer/dryer hookups, new flooring, fresh paint, and modern updates throughout, providing comfortable, low-maintenance living for tenants. The building has been thoughtfully cared for inside and out, featuring a newly paved driveway with ample parking and attractive curb appeal. Situated in a high-demand rental area surrounded by local amenities, schools, and major routes, this property is an excellent choice for both owner-occupants and investors seeking a turnkey, income-producing asset in a thriving Worcester market.

Listed by

Listing Agent - James Kalogeropoulos

Listing Office - RE/MAX Partners

Source: MLS Property Information Network, Inc.

MLS#73439968 • last updated 6 months ago

Movoto checked MLS Property Information Network, Inc. for data Just now

Overview
Cooling/AC	Wall Unit(s), None, Window Unit(s)
Heating	Forced Air, Natural Gas, Individual
Levels/Style	4, 4
MLS #	73439968
Type	Residential Income
Status	Closed
SubType	4 Family - 4 Units Up/Down
SqFt	4578
Lot Size (SqFt)	5644
Lot Size (Acres)	0.13
Annual Property Tax	8288
Year Built	1930

Interior
Total # of Bathrooms	4
# Full Baths	3
# Half Baths	1
Total # of Bedrooms	8
Basement	Full, Walk-Out Access, Bulkhead, Concrete, Unfinished
Total # of Rooms	20
Laundry	Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Flooring	Vinyl, Carpet
Appliances	None, Range, Microwave, Refrigerator
Interior Features	Studio, Open Floorplan, Smart Thermostat, Remodeled, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Storage, Laundry Room, Office/Den, Living Room, Kitchen, Dining Room
Door Features	Insulated Doors
Window Features	Box/Bay/Bow Window(s), Insulated Windows

Exterior
Foundation	Stone
Roof	Shingle
Construction	Frame
Parking Desc	Paved Drive, Off Street, Paved
# Parking Spaces	13
Exterior Features	Rain Gutters
Lot Desc	Level, Other

Amenities / Utilities
Sewer	Public Sewer
Green Features: Energy Efficiency	Thermostat, Varies Per Unit
Utilities	For Electric Range, for Electric Dryer, Washer Hookup, Varies Per Unit
Electricity	100 Amp Service, Common, Individually Metered, Varies Per Unit
Water Source	Public

Location
Waterfront	Lake/Pond, 1 To 2 Mile To Beach, Beach Ownership(Public)
County	Worcester
Community Features	Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Private School, Public School, T-Station, University, Other, Sidewalks
Zoning	BL-1
APN	M:18 B:040 L:00002, 1781198
Directions	Lake Avenue To Hamilton Street. Harrington Way To Hamilton Street.

Multifamily Details
Rent Includes	Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks)), Unit 3(Water, Other (See Remarks)), Unit 4(Water, Other (See Remarks))
Net Operating Income	87657
Operating Expense	16143
Total Actual Rent	8650
Financial Data Source	Owner
Expense: Water/ Sewer	2832
Gross Income	103800
Expense: Electricity	132