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Sold on 10/28/2024

7 Shawmut St, Worcester, MA 01609

  • $813,000

    Last sold 10/28/2024 for $665K

  • 9

    bed

  • 3

    bath

  • 5,082

    Sqft ($131/Sqft)

Multi-family not for sale
11 homes bought nearby with Movoto recently

About 7 Shawmut St

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 4,745 Sqft
Movoto estimate
Property description
*** Attention investors *** Rare opportunity to own a massive 3 family in the highly desirable Worcester market. Conveniently located within walking distance of historical Elm Park. First time on the market in 52 years! Units 1&2 are occupied at under market rents. Units 1&3 will be delivered vacant. Based on HUD fair market rents and with some TLC, this property can generate over $6,600 in monthly income. Two boilers & water heaters were replaced in 6/2023. Electric panels updated for all 3 units including landlord panel. Many replacement vinyl windows. Massive floor plans with large kitchen, family, dining, and living room, each with 3 bedrooms and 1 bath. Many rooms have carpet with original hardwoods underneath. Each unit has its own front enclosed porch and back porch with extra storage closet. In-unit laundry available in each unit. Bring your vision and transform this large 3-decker into a stunning investment!
Listed by
Listing Agent - Gary Savoie
Listing Office - Berkshire Hathaway HomeServices Commonwealth Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#73299263 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
Overview
Heating Steam, Natural Gas
Levels/Style 6
MLS # 73299263
Type Residential Income
Status Closed
SubType 3 Family
SqFt 5082
Lot Size (SqFt) 4745
Lot Size (Acres) 0.11
Annual Property Tax 8221
Year Built 1890
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 9
Basement Full
Total # of Rooms 18
Laundry Washer Hookup
Flooring Carpet, Laminate, Hardwood
Appliances Range, Refrigerator, Dishwasher, Microwave
Interior Features Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Parking Desc Off Street, Paved
# Parking Spaces 1
Exterior Features Balcony/Deck, Rain Gutters
Patio/ Porch Enclosed
Lot Desc Cleared
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range, Washer Hookup
Electricity 100 Amp Service, Individually Metered
Water Source Public
Location
County Worcester
Community Features Park, House Of Worship
Zoning RG-5
APN M:06 B:004 L:00073, 1766900
Directions Please Use GPS
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Net Operating Income 12231
Operating Expense 16073
Total Actual Rent 2400
Financial Data Source Owner
Expense: Water/ Sewer 2011
Gross Income 35800
Expense: Electricity 150
$813K
Range: $699K-$926K
Last 30 days 
  • Dec 2024
    mls logo MLS # 73299263
  • Dec 31, 2024 Sold
    $665,000 (+2.3%)
  • Oct 31, 2024 Active
    —
  • Oct 22, 2024 Listed
    —
  • Oct 12, 2024 Active
    —
  • Oct 7, 2024 Listed
    $650,000
  • Year Property taxes Tax assessment
  • 2025
    $9,000 +9.5%
    $682,300 +14.12%
  • 2024
    $8,221 +4.8%
    $597,900 +9.29%
  • 2023
    $7,845 +14.8%
    $547,100 +21.77%
  • 2022
    $6,834 +5.6%
    $449,300 +13.03%
  • 2021
    $6,471 +9.2%
    $397,500 +14.06%
  • 2020
    $5,925 +21.3%
    $348,500 +28.41%
  • 2019
    $4,885 +2.8%
    $271,400 +8.04%
  • 2018
    $4,750 +7.3%
    $251,200 +9.03%
  • 2017
    $4,428 +2.2%
    $230,400 +9.56%
  • 2016
    $4,334 +2.7%
    $210,300
  • 2015
    $4,221
    —
  • 7 Shawmut St
    $665K
  • Crown Hill-Piedmont
    $205K -72% y/y
  • 01609
    $624K +9% y/y
  • 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
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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  • 7 Shawmut St
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