19 Elizabeth St is a centrally located property in Worcester’s Bell Hill neighborhood. The property is a three-story building with five (5) residential units, comprised of two (2) 1-Bedroom/1-Bathroom units, one (1) 2-Bedroom/1-Bathroom unit, and two (2) 3-Bedroom/1-Bathroom units. It contains 4,965 square feet of living area within 8,222 square feet of gross area, situated on a 0.11-acre parcel. The units are separately metered for heat (gas and electric), hot water (gas), and electricity, which tenants pay directly. The landlord is responsible for Unit 3’s electric bill, which includes electric heat. Three of the five units have been recently renovated. There is a value-add opportunity to significantly increase the current rent roll to market rents and potentially convert the 3-bedroom units into 4-bedroom units.
INVESTORS...Analyze this diamond in the rough! In addition to potential property appreciation, this (5) Unit can provide a (12%) annual cash-on-cash ROI to cash buyers, (20% +) if putting 25% down from the potential $55,200 rent roll. Close to all major highways, this multi-generational owned property comes to market with below-market rents, and a currently de-activated 5th unit. Turn-key, in-place property management available.
Year
Property tax
Land + Additions
Assessment*
2023
$8,102 (+13.5%)
$37,700 + $527,300
$565,000
2022
$7,138
$30,200 + $439,100
$469,300
2021
$7,136 (+22.7%)
$24,100 + $414,200
$438,300
2020
$5,814 (−1.3%)
$22,300 + $319,700
$342,000
2019
$5,888 (+15.8%)
$20,800 + $306,300
$327,100
2018
$5,083 (+7.5%)
$20,800 + $248,000
$268,800
2017
$4,728 (−8.5%)
$20,800 + $225,200
$246,000
2016
$5,167 (+5.5%)
$30,700 + $220,000
$250,700
2014
$4,899 (+22.1%)
$30,700 + $220,000
$250,700
2013
$4,013 (+0.7%)
$30,400 + $185,600
$216,000
2012
$3,985 (−3.9%)
$30,400 + $204,300
$234,700
2011
$4,145 (−9.9%)
$75,600 + $182,500
$258,100
2010
$4,598
$75,600 + $227,900
$303,500
2009
$4,598
$107,300 + $233,300
$340,600
Tax history for 19 Elizabeth St
Year
Property tax
Land + Additions
Assessment*
2023
$8,102 (+13.5%)
$37,700 + $527,300
$565,000
2022
$7,138
$30,200 + $439,100
$469,300
2021
$7,136 (+22.7%)
$24,100 + $414,200
$438,300
2020
$5,814 (−1.3%)
$22,300 + $319,700
$342,000
2019
$5,888 (+15.8%)
$20,800 + $306,300
$327,100
2018
$5,083 (+7.5%)
$20,800 + $248,000
$268,800
2017
$4,728 (−8.5%)
$20,800 + $225,200
$246,000
2016
$5,167 (+5.5%)
$30,700 + $220,000
$250,700
2014
$4,899 (+22.1%)
$30,700 + $220,000
$250,700
2013
$4,013 (+0.7%)
$30,400 + $185,600
$216,000
2012
$3,985 (−3.9%)
$30,400 + $204,300
$234,700
2011
$4,145 (−9.9%)
$75,600 + $182,500
$258,100
2010
$4,598
$75,600 + $227,900
$303,500
2009
$4,598
$107,300 + $233,300
$340,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
8
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
4,965
Year built
1910
Style
Multi-Family (5+ Unit)
County
Worcester County
APN
1762385
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2023.
Property details
Parking
Parking Information
Open Parking Spaces: 0
Interior
Bathroom Information
# of Bathrooms (Full): 5
Interior Features
# of Rooms (Total): 22
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: Y
Unit #4 Information
# of Levels: 1
# of Floors: 1
Exterior
Building Information
Building Area (Total): 4,965
Foundation Details: Stone
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Actual
Property Information
PropertySubType: 5-9 Family
Above Grade Finished Area: 4965
Levels: 5
Lot Information
Lot Size (Acres): 0.11
Lot Features: Corner Lot
Financial
Tax Information
Tax Annual Amount: $8,907
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: Use GPS
UnparsedAddress: 19 Elizabeth St, Worcester MA 01605
Community Information
Senior CommunityYN: No
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 4,965
Stories: 3.0
Lot Size: 4,792 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1910
Year Renovated: —
County: Worcester County
APN: 1762385
Home facts updated by county records on Jul 21, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Belmont Street Community School
Public PreK-6 • Assigned • 0.2mi
6/10
Worcester East Middle School
Public 7-8 • Assigned • 1.3mi
4/10
North High School
Public 9-12 • Assigned • 1.4mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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 • 01605
Average low and high temperatures (°F)
32
18
35
20
50
31
61
40
68
50
80
61
84
65
80
60
75
56
63
45
51
36
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.