See Home Value
$690,000
● Multifamily - Off Market

198 Vernon Street

Worcester, MA 01607
bedrooms
8 Beds
bathrooms
3 Baths
square feet
2,844 Ft²
$3,819
Est. Monthly
21.71%
Cap Rate

About This Property

Multi-family in the extremely sought-after City of Worcester!! This three-family home is a fantastic investment opportunity! Units 1 and 2 boast nearly identical layouts, each offering three good-sized bedrooms, an eat-in kitchen, and a spacious living room. Unit 1 also features a convenient laundry area. Unit 3 includes two bedrooms, a bonus room, an eat-in kitchen, and a living room. Both Units 1 and 2 have covered porches, perfect for relaxing outdoors. The exterior is fully fenced as well! Close proximity to local amenities, shopping, public transportation, and more. Whether you're looking to live in one unit and rent out the others or maximize your income by leasing all three, this multi-family home offers a tremendous opportunity and rental income potential, making it a great fit for both seasoned investors and those looking to break into the multi-family market. Showings begin at the open houses this weekend!
Unit Size
2,844 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$239
Property Type
Multifamily
Property Taxes
$480
HOA Dues
-
Year Built
1890

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Last updated: 2 years ago (MLSPIN #73301221)

Price History

Date / Event Date Event Price
Jan 17, 2025 Sold
Sold
Nov 21, 2024 In contract -
In contract
Oct 25, 2024 Relisted $679,900
Relisted
Oct 19, 2024 In contract -
In contract
Oct 10, 2024 Listed by Lamacchia Realty, Inc. $679,900
Listed by Lamacchia Realty, Inc.
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Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Stone/Granite/Solid Counters, Bathroom with Shower Stall, Pantry, Upgraded Countertops, Storage, Living Room, Kitchen
Appliances: Range, Refrigerator, Washer, Dryer
Flooring Type: Tile, Vinyl, Carpet, Laminate, Hardwood
Laundry Features: Washer Hookup
Rooms: 17
Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family - 3 Units Up/Down
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Covered
Lead Paint: Unknown
Lot Features: Corner Lot, Cleared, Level
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: RG-5
Parcel Number: M:10 B:004 L:00019, 1771717
Water Source: Public
Financial Details
Tax Map Number: 10
Tax Assessed Value: $419,100
Tax Annual Amount: $5,763
Utilities Details
Utilities: for Gas Range, Washer Hookup
Cooling Type: None
Heating Type: Natural Gas, Electric, Central, Other
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20241010
10/10/2024
8 Bed
3 Bath
2844 ft²
$679,900
bedrooms
8 Bed
bathrooms
3 Bath
square feet
2844 ft²
$690,000 +1.49%
01/17/2025
Zantia Seda
Lamacchia Realty, Inc.
20210103
01/03/2021
8 Bed
3 Bath
2844 ft²
$425,000
bedrooms
8 Bed
bathrooms
3 Bath
square feet
2844 ft²
$480,000 +12.94%
02/19/2021
CHAMPIon Realty Group
Property Investors & Advisors, LLC

Building Info

198 Vernon Street 198 Vernon Street, Worcester, MA 01607
More about this Building
198 Vernon Street
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About Vernon Hill


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Nearby Rentals

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera