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Sold on 12/24/2024

5 Massasoit Rd, Worcester, MA 01604

$737,612

Last sold 12/24/2024 for $590K

  • 4

    bed

  • 3

    bath

  • 4,112

    Sqft ($143/Sqft)

Multi-family not for sale
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About 5 Massasoit Rd

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 4,053 Sqft
Movoto estimate
Property description
**BACK ON MARKET; previous buyer unable to secure financing giving you a second chance at this great property!** Entrepreneurs and investors, this one's for you! This mixed-use building in the heart of Worcester is a dynamic blend of commercial and residential space. A newly vacant commercial unit is a blank canvas; transform the space to suit your specific needs. Formerly utilized for food service so can be easily revamped for the same or redesigned into countless possibilities for a new venture. Bring your business plans to fruition while having the added bonus of an additional $3,575 revenue from the residential units above. Well-maintained, spacious 2 bedroom units have in-unit laundry and separate utilities. Location is second to none within close proximity to highway access, Polar Park, and colleges. Now is the time to seize this opportunity and make your mark!
Listed by
Listing Agent - Jim Black Group
Listing Office - Real Broker MA, LLC
Source: MLS Property Information Network, Inc. mls logo
MLS#73266036 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 1 minute ago
Overview
Cooling/AC Central Air, Window Unit(s)
Heating Forced Air, Electric, Natural Gas, Baseboard
Levels/Style 3, 3
MLS # 73266036
Type Residential Income
Status Closed
SubType 3 Family - 3 Units Up/Down
SqFt 4112
Lot Size (SqFt) 4053
Lot Size (Acres) 0.09
Annual Property Tax 11058
Year Built 1920
Interior
Total # of Bathrooms 3
# Full Baths 2
# Half Baths 1
Total # of Bedrooms 4
Basement Full, Interior Entry, Unfinished
Total # of Rooms 12
Laundry Electric Dryer Hookup, Washer Hookup
Flooring Tile, Vinyl, Varies, Hardwood
Appliances Range, Microwave, Refrigerator, Washer, Dryer
Interior Features Office/Den, Living Room, Dining Room, Kitchen
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Exterior Features Rain Gutters
Patio/ Porch Porch
Lot Desc Corner Lot, Cleared, Level
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Oven, for Electric Dryer, Washer Hookup
Electricity Circuit Breakers
Water Source Public
Location
View City View(s)
Waterfront Lake/Pond, Beach Ownership(Public)
County Worcester
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House Of Worship, Private School, Public School, T-Station, University
Zoning BL-1
APN M:34 B:001 L:00021, 1792230
Directions Grafton St To Massasoit
Multifamily Details
Net Operating Income 49864
Operating Expense 23036
Total Actual Rent 6075
Financial Data Source Estimated
Expense: Water/ Sewer 4600
Gross Income 72900
Expense: Electricity 240
Lot/ Land Details
Road Frontage Public
$737K
Range: $663K-$811K
Last 30 days 
  • Feb 2025
    mls logo MLS # 73266036
  • Feb 19, 2025 Sold
    $590,000 (-1.7%)
  • Dec 24, 2024 Active
    —
  • Nov 15, 2024 Listed
    —
  • Sep 9, 2024 Active
    —
  • Jul 17, 2024 Listed
    $599,900 (+27.5%)
  • Aug 2022
    mls logo MLS # 72700509
  • Aug 26, 2022 Sold
    $470,400 (-5.9%)
  • Feb 2, 2021 Active
    —
  • Nov 30, 2020 Price Change
    $499,999 (-5.5%)
  • Jul 29, 2020 Listed
    $529,000 (+32.3%)
  • Jan 2018
    mls logo MLS # 72241254
  • Jan 19, 2018 Sold
    $400,000 (-4.5%)
  • Oct 11, 2017 Listed
    $419,000 (+5.0%)
  • Aug 2017
    mls logo MLS # 72217693
  • Aug 23, 2017 Listed
    $399,000
  • 5 Massasoit Rd
    $590K
  • Grafton Hill
    $457K -1% y/y
  • 01604
    $459K +15% y/y
  • Worcester
    $429K -8% 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
Rice Square 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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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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