Excellent investment opportunity! Three-family property in Worcester generating $5,754 in monthly rental income ($69,048 annually). Approximately 3,691 sq. ft. of living area with 7 bedrooms, 3.5 bathrooms, hardwood floors, high ceilings, and recently updated second floor. The furnaces serving Units 2 and 3 were replaced within the past few years. Situated on a corner lot with a two-car garage and ample off-street parking. Garage currently leased for business storage, offering potential additional rental income or future owner use. Convenient Main Street location near shopping, restaurants, public transportation, and major commuting routes. Property sold AS-IS with no seller repairs or contributions toward buyer closing expense. Lease and rental information available to qualified buyers. Interior photos of Units 2 and 3 may not reflect present condition.
Cider Mill, located between Lake Quinsigamond and Shrewsbury Street, is a residential and lakeside Worcester neighborhood with hillside streets and pocket parks. The neighborhood’s character concentrates around the Shrewsbury Street corridor near Belmont Street, where sidewalk restaurants, bakeries, and small bars set a steady evening rhythm. Triple-deckers and mid-century apartment buildings mix with newer condo clusters on curving roads that rise toward the ridge. Lake views and the shoreline paths shape a walk-and-paddle routine when the weather cooperates. Community staples include the Worcester Art Museum, the Hanover Theatre and Conservatory for the Performing Arts, and BirchTree Bread Company.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Living room, kitchen, and office/den
Insulated windows and screens
Bathrooms
3 full bathrooms
1 half bathroom
Kitchen
Range, refrigerator, range hood, and microwave
Laundry & utility
Washer and dryer hookups
Flooring
Wood, tile, and laminate flooring
Heating & cooling
Hot water heating
Exterior features
Enclosed porch
Rain gutters
Corner lot with cleared, level terrain
Home design
Three-family property
Three stories
Parking
Two-car garage
Five open parking spaces
Paved, off-street parking
Construction
Frame construction
Stone and brick/mortar foundation
Shingle roof
Utilities
Public water and sewer
Circuit breakers
Individually metered electricity
Gas range hookup
HOA & community
Sidewalks
Electricity and solar
View estimated energy costs and solar savings for this home
Awesome 3 family on a corner lot with ample off-street parking and two car garage. Lots of character with large rooms, high ceilings, and hardwood flooring. Business zoned. Close to shopping, public transportation, park, and swimming pool. 2nd and 3rd floor recently updated.
Public Records
Jan 14, 2000
Sold
$145,000
$39/sq ft
Public Records
Dec 22, 1982
Sold
$44,500
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$7,729 (+10.7%)
$85,200 + $453,800
$539,000
2022
$6,980 (+45.1%)
$68,200 + $390,700
$458,900
2021
$4,809 (+8.8%)
$54,500 + $240,900
$295,400
2020
$4,422 (−3.0%)
$54,200 + $205,900
$260,100
2019
$4,558 (−1.6%)
$47,300 + $205,900
$253,200
2018
$4,631 (+5.1%)
$47,300 + $197,600
$244,900
2017
$4,405 (+3.1%)
$47,300 + $181,900
$229,200
2016
$4,272 (+5.5%)
$33,600 + $173,700
$207,300
2014
$4,051 (+9.3%)
$33,600 + $173,700
$207,300
2013
$3,707 (+7.3%)
$38,000 + $161,500
$199,500
2012
$3,455 (−10.4%)
$38,000 + $165,500
$203,500
2011
$3,856 (+6.0%)
$65,100 + $175,000
$240,100
2010
$3,638 (−3.7%)
$65,100 + $175,000
$240,100
2009
$3,776
$93,300 + $186,400
$279,700
Public record
Beds
7
Baths
3.5
Stories
3
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,658
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,658
Year built
1906
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
1776685
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Worcester, MA • 01603
Average low and high temperatures (°F)
31
18
34
20
50
31
60
40
68
50
79
61
83
65
79
60
74
56
63
46
50
36
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Worcester. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1296 Main
$753,426
$6,474 under list price of $760K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $417K to $733K.