Cash Cow! Looking to add to your investment portfolio or just starting out? This is a prime location in Worcester, set in the midst of downtown with access to restaurants, shopping, and entertainment such as the Hanover Theatre, City Hall, and Green Street. The galley-style kitchen is set off the living room, where you can enjoy views of Worcester's downtown from the large windows. Laundry facilities are in the building, and the HOA covers heat and hot water! The tenant has been living here for over 5 years, always pays rent on time, and will make you a happy landlord.
CondoProperty Type
1930Year Built
2,906 sq ftLot Size
$266Est. Price/Sq.Ft.
Listed by Jean Tse• Keller Williams Boston MetroWest
Bought with Antoinette Falzone• Cali Realty Group, Inc.
Back on the market due to unforseen circumstances with buyer's financing. This one bedroom condo with lots of potential is located in the heart of downtown worcester. Conveniently located within walking distance from stores, restaurants, colleges, universities, medical centers, entertainment, and more. Condo fee includes heat, hot water, sewer, insurance, security, laundry, and exterior maintenance. Property in need of some upgrades. Property sold as-is. Currently rented $950 per/month.
MLS PIN #72352161
Jul 27, 2018
Sold
$55,000
$90/sq ft
Jul 6, 2018
Pending
—
Jun 25, 2018
Listed
$55,000
$90/sq ft
+1
FEDERAL SQUARE, DOWNTOWN WORCESTER LOCATION. WALKING DISTANCE TO RESTAURANTS, THEATERS, SHOPPING, AND MORE. CAFE ON GROUND FLOOR OF BUILDING. LAUNDRY ON SAME LEVEL AS UNIT. VERY CONVENIENT LOCATION.
Year
Property tax
Land + Additions
Assessment*
2023
$1,417 (+15.2%)
$98,800
2022
$1,230 (+24.2%)
$80,900
2021
$990 (−11.2%)
$60,800
2020
$1,115 (+33.9%)
$65,600
2019
$833 (+10.2%)
$46,300
2018
$756 (+0.4%)
$40,000
2017
$753 (−6.8%)
$39,200
2016
$808 (+5.5%)
$39,200
2014
$766 (−7.9%)
$39,200
2013
$832 (−18.6%)
$44,800
2012
$1,022 (+29.0%)
$60,200
2011
$792 (−8.0%)
$49,300
2010
$861 (−1.3%)
$56,800
2009
$872
$64,600
Tax history for 531 Main St #508
Year
Property tax
Land + Additions
Assessment*
2023
$1,417 (+15.2%)
$98,800
2022
$1,230 (+24.2%)
$80,900
2021
$990 (−11.2%)
$60,800
2020
$1,115 (+33.9%)
$65,600
2019
$833 (+10.2%)
$46,300
2018
$756 (+0.4%)
$40,000
2017
$753 (−6.8%)
$39,200
2016
$808 (+5.5%)
$39,200
2014
$766 (−7.9%)
$39,200
2013
$832 (−18.6%)
$44,800
2012
$1,022 (+29.0%)
$60,200
2011
$792 (−8.0%)
$49,300
2010
$861 (−1.3%)
$56,800
2009
$872
$64,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
2,906
Year renovated
—
Sq. Ft.
608
Year built
1930
Style
Condo/Co-op
County
Worcester County
APN
4542730
Parking Spaces
0
Basement
Yes
Accessible
No
HOA Dues
$327 /month
Garage
No
Features
—
Last updated by owner on Jan 5, 2026.
Property details
Interior
Bathroom Information
# of Bathrooms (Full): 1
Basement Information
Basement: N
Laundry Information
Laundry Features: In Building
Interior Features
# of Rooms (Total): 3
Flooring: Tile, Carpet
Exterior
Building Information
Building Area (Total): 608
Construction Materials: Frame
StructureType: Mid-Rise
Stories (Total): 1
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Roof: Rubber
Property Information
PropertySubType: Condominium
Property AttachedYN: Yes
Entry Level: 5
Lot Information
Lot Size (Acres): 0.07
Financial
Tax Information
Tax Annual Amount: $1,664
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Has Cooling
Heating: Forced Air
Cooling: Central Air
Location
HOA Information
Association Fee: $327
Association Fee Includes: Heat, Insurance, Maintenance Structure, Snow Removal, Trash
Association Amenities: Hot Water, Laundry
Location Information
Directions: Madison St to Main St
UnparsedAddress: 531 Main St # 508, Worcester MA 01608
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, University