Great investment opportunity for both owner-occupants and investors! Located in the heart of Worcester between Shrewsbury Street and Belmont Street, this fully occupied three-family property is just minutes from UMass Memorial Medical Center, making it an ideal addition to any investment portfolio.The property features three spacious units, each offering 5 rooms, 3 bedrooms, 1 full bathroom, in-unit laundry. Each apartment is equipped with its own gas-fired forced hot water heating system and separate gas hot water.Recent improvements include a new electrical panel installed in 2022, a new hot water heater in 2025, and a common area electrical meter. Additional features include two off-street parking spaces and a fenced backyard. Conveniently located near shopping, restaurants, major highways, and public transportation, this well-maintained multi-family property offers strong rental appeal in a highly desirable location.
Shrewsbury Street, located between Downtown Worcester and Lake Quinsigamond, is a historic and culinary Worcester neighborhood with a restaurant-lined main drag and a walkable streetscape. The neighborhood’s character concentrates around the Shrewsbury Street and Belmont Street intersection, where patios, espresso bars, and late-night kitchens keep the sidewalks active. Brick triple-deckers and compact apartment buildings sit behind the commercial strip, giving the area a classic Worcester rhythm. Armsby Abbey anchors the dining scene with craft beer and a serious kitchen. The Hanover Theatre and Conservatory for the Performing Arts adds marquee nights a short ride away. Green pockets like Beaver Brook Park break up the urban texture.
Provided by Walk Score and Local Logic
Offer insights
42 Adams St · $750,000
$749K and above
75% chance or better to win
Why $749K+ is a strong offer
DAYS ON MARKET
99 days
The average home goes pending in 29 days.
SALE-TO-LIST
100.3%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Pantry
Bathroom with shower stall
Bathroom with tub
Internet available (unknown provider)
Ceiling fan(s)
Living room
Kitchen
Insulated windows
Total of 15 rooms
Bathrooms
Three full bathrooms
Kitchen
Range
Refrigerator
Laundry & utility
Washer (note: first and third floor washer & dryer belong to tenant)
Washer included in appliance list
Flooring
Wood
Vinyl
Hardwood
Heating & cooling
Individual natural gas baseboard heating
Exterior features
Enclosed porch
Rain gutters
Fenced yard
Corner lot
Home design
3-family property
Three stories total
Yellow exterior
Parking
Off-street parking
Three open parking spaces (total 3 spaces)
Construction
Frame construction
Concrete perimeter foundation
Shingle roof
Built (year per public records)
Utilities
Public water
Public sewer
Electric with circuit breakers
HOA & community
Access to public transportation, shopping, medical facility and public school nearby
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
A great investment opportunity in a sought after area, located between Shrewsbury St and Belmont St. just a short distance from U Mass Medical. This three family has a new roof, off street parking for two vehicles and a fenced back yard. Each unit has natural woodwork, replacement windows in a 5 room, 3 bedroom, 1 bath room apartment with laundry. Each unit has its own Forced Hot Water by gas furnace and hot water by gas. The property is currently fully occupied.
MLS PIN #70036410
Jul 15, 2004
Sold
$374,000
$110/sq ft
Jun 10, 2004
Listing Removed
—
May 18, 2004
Listed
$379,900
$112/sq ft
Beautifully maintained 3 family in Shrewsbury Street area, owner occupied, 3 bedrooms each floor, separate utilities, aluminum siding, hardwoods, updated baths, replacement windows, applianced kitchens, lead certs in hand. Call for appointment.
Year
Property tax
Land + Additions
Assessment*
2023
$6,487 (+22.6%)
$65,600 + $386,800
$452,400
2022
$5,290 (+9.6%)
$52,500 + $295,300
$347,800
2021
$4,825 (+8.2%)
$42,000 + $254,400
$296,400
2020
$4,459 (+0.2%)
$41,700 + $220,600
$262,300
2019
$4,450 (+2.5%)
$36,400 + $210,800
$247,200
2018
$4,342 (+6.8%)
$36,400 + $193,200
$229,600
2017
$4,065 (+4.3%)
$36,400 + $175,100
$211,500
2016
$3,899 (+5.5%)
$26,500 + $162,700
$189,200
2014
$3,697 (+4.5%)
$26,500 + $162,700
$189,200
2013
$3,538 (+6.8%)
$30,000 + $160,400
$190,400
2012
$3,313 (+1.6%)
$30,000 + $165,100
$195,100
2011
$3,260 (+4.8%)
$48,600 + $154,400
$203,000
2010
$3,110 (−7.0%)
$48,600 + $156,700
$205,300
2009
$3,343
$70,900 + $176,700
$247,600
Public record
Beds
9
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
4,356 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,393
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,393
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
1778392
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 • 01604
Average low and high temperatures (°F)
32
19
35
20
50
31
60
41
68
51
81
61
84
65
80
60
75
56
64
45
51
36
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 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.
8.4 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 42 Adams St
$736,002
$14K under list price of $750K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $550K to $901K.