Central Business District

531 Main St #508

$153,000

● Condo - Off Market

531 Main St #508

Worcester, MA 01608

1 Bed

1 Bath

608 Ft²

$1,276

Est. Monthly

$327

HOA / Fees

12.48%

Cap Rate

About This Property

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.

Unit Size

608 Ft²

Days on Market

Land Size

0.07 acres

Price per sqft

$271

Property Type

Condo

Property Taxes

$139

HOA Dues

$327

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (MLSPIN #73255032)

Price History

Date / Event	Date	Event
Aug 23, 2024	Sold	Premium
Sold
Jun 20, 2024	Listed by Keller Williams Boston MetroWest	$165,000
Listed by Keller Williams Boston MetroWest
Jul 31, 2020	Sold	Premium
Sold
Oct 11, 2019	Listed by Coldwell Banker Realty - Marblehead	$79,000
Listed by Coldwell Banker Realty - Marblehead

	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.
Jul 27, 2018	Sold	Premium
Sold
Jun 25, 2018	Listed by Coldwell Banker Realty - Marblehead	$55,000
Listed by Coldwell Banker Realty - Marblehead

	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.

Property Highlights

Parking Available

Garage

Elevator

Air Conditioning

Interior Details

Full Bathrooms: 1

Appliances: Range, Refrigerator

Flooring Type: Tile, Carpet

Laundry Features: In Building

Rooms: 3

Basement: N

Exterior Details

Has Property Attached

Square Footage: 608

Year Built Source: Public Records

Year Built: 1930

Building Area Total: 608

Building Area Units: Square Feet

Construction Materials: Frame

Lot Size Area: 0.07

Lot Size Units: Acres

Lot Size Acres: 0.07

Lot Size Square Feet: 2906

Tax Lot: 0508M

Water Source: Public

Financial Details

Tax Map Number: 03

Tax Assessed Value: $121,000

Tax Annual Amount: $1,664

Utilities Details

Cooling Type: Central Air

Heating Type: Forced Air

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Snow Removal, Trash, Heat

HOA/Condo/Coop Amenities: Hot Water, Laundry

HOA Fee: $327

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20260424 Unit 207M 04/24/2026	207M	2 Bed	1 Bath	1027 ft²	$229,900 2 Bed 1 Bath 1027 ft²	$225,000 -2.13% 05/29/2026	Anthony Romeo Lamacchia Realty, Inc.
20260324 Unit 201M 03/24/2026	201M	2 Bed	1 Bath	1495 ft²	$292,000 2 Bed 1 Bath 1495 ft²	$285,000 -2.40% 06/17/2026	Colleen Eddy Return Realty Group, Inc.
20251204 Unit 403M 12/04/2025	403M	2 Bed	1 Bath	963 ft²	$230,000 2 Bed 1 Bath 963 ft²	$199,900 -13.09% 06/15/2026	Jason Pincomb Lamacchia Realty, Inc.
20251105 Unit 503 11/05/2025	503	2 Bed	1 Bath	820 ft²	$225,000 2 Bed 1 Bath 820 ft²	- -	Mia Fisher Berkshire Hathaway HomeServices Commonwealth Real Estate
20250730 Unit 410M 07/30/2025	410M	1 Bed	1 Bath	608 ft²	$175,000 1 Bed 1 Bath 608 ft²	$160,000 -8.57% 03/12/2026	Colleen Crowley Lamacchia Realty, Inc.
20250718 Unit 201 07/18/2025	201	2 Bed	1 Bath	1500 ft²	$347,500 2 Bed 1 Bath 1500 ft²	- -	Penny Cote LAER Realty Partners
20250522 Unit 203 05/22/2025	203	1 Bed	1 Bath	1041 ft²	$204,995 1 Bed 1 Bath 1041 ft²	$195,000 -4.88% 07/09/2025	Mike Russo Sabrina Evangelista-Courville
20250102 01/02/2025		Loft	-	-	$395,000 Loft -	- -	James Glickman NAI Glickman Kovago & Jacobs
20241011 Unit 503 10/11/2024	503	2 Bed	1 Bath	820 ft²	$199,000 2 Bed 1 Bath 820 ft²	- -	Mia Fisher Berkshire Hathaway HomeServices Commonwealth Real Estate
20240730 Unit 201 07/30/2024	201	2 Bed	1 Bath	1500 ft²	$384,900 2 Bed 1 Bath 1500 ft²	- -	Penny Cote LAER Realty Partners
20240620 Unit 508 06/20/2024	508	1 Bed	1 Bath	608 ft²	$165,000 1 Bed 1 Bath 608 ft²	$153,000 -7.27% 08/23/2024	Jean Tse Keller Williams Boston Metrowest
20240620 Unit 508M 06/20/2024	508M	1 Bed	1 Bath	608 ft²	$165,000 1 Bed 1 Bath 608 ft²	$153,000 -7.27% 08/23/2024	Jean Tse Keller Williams Boston Metrowest
20230823 Unit 507 08/23/2023	507	1 Bed	1 Bath	460 ft²	$149,900 1 Bed 1 Bath 460 ft²	$149,000 -0.60% 09/21/2023	Anne Oakman Media Realty LLC
20230804 Unit 505 08/04/2023	505	2 Bed	1 Bath	988 ft²	$229,000 2 Bed 1 Bath 988 ft²	$195,000 -14.85% 11/07/2023	Louis Gordon Revolution Realty
20230731 Unit 102 07/31/2023	102	Loft	-	-	$170,000 Loft -	$170,000 08/30/2023	Elizabeth Cruz Century 21 North East
20230602 Unit 409 06/02/2023	409	1 Bed	1 Bath	460 ft²	$145,000 1 Bed 1 Bath 460 ft²	$150,000 +3.45% 08/09/2023	Anne Oakman Media Realty LLC
20220831 08/31/2022		Loft	-	-	$120,000 Loft -	- -	Peter Kim Century 21 Citiwide
20220823 Unit 103 08/23/2022	103	Loft	1 Bath	-	$419,000 Loft 1 Bath	- -	Peter Kim Century 21 Citiwide
20220406 Unit 409 04/06/2022	409	1 Bed	1 Bath	460 ft²	$115,000 1 Bed 1 Bath 460 ft²	$125,000 +8.70% 05/20/2022	Bonnie Narcisi Berkshire Hathaway HomeServices N.E. Prime Properties
20220307 Unit 405 03/07/2022	405	2 Bed	1 Bath	820 ft²	$125,000 2 Bed 1 Bath 820 ft²	$130,000 +4.00% 04/06/2022	Corinne Kimball 1 Worcester Homes
20210701 Unit 408 07/01/2021	408	1 Bed	1 Bath	664 ft²	$135,000 1 Bed 1 Bath 664 ft²	$145,000 +7.41% 08/13/2021	Ashwini Samaga Berkshire Hathaway HomeServices Commonwealth Real Estate
20210606 Unit 409 06/06/2021	409	1 Bed	1 Bath	460 ft²	$99,900 1 Bed 1 Bath 460 ft²	$104,000 +4.10% 08/03/2021	Jason Pincomb Lamacchia Realty, Inc.
20210520 Unit 201 05/20/2021	201	2 Bed	1 Bath	1801 ft²	$189,000 2 Bed 1 Bath 1801 ft²	$184,250 -2.51% 07/07/2021	Penny Cote LAER Realty Partners
20210513 Unit 303 05/13/2021	303	2 Bed	1 Bath	963 ft²	$120,000 2 Bed 1 Bath 963 ft²	$125,000 +4.17% 08/06/2021	Jane Kelleher eXp Realty
20210427 Unit 310 04/27/2021	310	1 Bed	1 Bath	608 ft²	$105,000 1 Bed 1 Bath 608 ft²	$110,000 +4.76% 06/18/2021	Ashwini Samaga Berkshire Hathaway HomeServices Commonwealth Real Estate
20201110 Unit 407 11/10/2020	407	2 Bed	1 Bath	988 ft²	$155,000 2 Bed 1 Bath 988 ft²	$148,000 -4.52% 03/01/2021	Sharon O'Reilly ERA Key Realty Services- Milf
20191011 Unit 508 10/11/2019	508	1 Bed	1 Bath	608 ft²	$79,000 1 Bed 1 Bath 608 ft²	$67,000 -15.19% 07/31/2020	La Toya Douglas Coldwell Banker Realty - Marblehead
20190821 Unit 403 08/21/2019	403	2 Bed	1 Bath	963 ft²	$130,000 2 Bed 1 Bath 963 ft²	$117,000 -10.00% 11/01/2019	Jim Black Group eXp Realty
20180625 Unit 508 06/25/2018	508	1 Bed	1 Bath	608 ft²	$55,000 1 Bed 1 Bath 608 ft²	$55,000 07/27/2018	La Toya Douglas Coldwell Banker Realty - Marblehead
20171025 Unit 601 10/25/2017	601	2 Bed	1 Bath	1272 ft²	$149,900 2 Bed 1 Bath 1272 ft²	$149,900 12/21/2018	Jennifer Lyons Keller Williams Realty Greater Worcester
20161109 Unit 202 11/09/2016	202	1 Bed	1 Bath	1177 ft²	$49,900 1 Bed 1 Bath 1177 ft²	$40,000 -19.84% 02/24/2017	Benjamin Jensen Wheat Doherty Properties
20160905 Unit 506M 09/05/2016	506M	1 Bed	1 Bath	664 ft²	$48,723 1 Bed 1 Bath 664 ft²	$44,000 -9.69% 01/25/2017	Javier Palacios Tremont Realty Group, LLC
20160818 Unit 503M 08/18/2016	503M	2 Bed	1 Bath	820 ft²	$69,900 2 Bed 1 Bath 820 ft²	$62,000 -11.30% 07/19/2017	Pablo Santiago PDS Real Estate
20150127 Unit 201 01/27/2015	201	2 Bed	1 Bath	1801 ft²	$163,900 2 Bed 1 Bath 1801 ft²	$146,500 -10.62% 04/28/2015	Bruce Linnehan Coldwell Banker Realty - Worcester
20121210 Unit 304 12/10/2012	304	2 Bed	1 Bath	845 ft²	$40,000 2 Bed 1 Bath 845 ft²	$35,000 -12.50% 04/26/2013	Jason Fanning RE/MAX Advantage 1
20120731 Unit 301 07/31/2012	301	2 Bed	1 Bath	902 ft²	$49,999 2 Bed 1 Bath 902 ft²	$40,000 -20.00% 03/13/2013	Heather Everett ERA Key Realty Services - Distinctive Group
20120706 Unit 309 07/06/2012	309	1 Bed	1 Bath	460 ft²	$34,900 1 Bed 1 Bath 460 ft²	$29,500 -15.47% 10/02/2012	Ryan Leblanc Property Solutions
20110610 Unit 302 06/10/2011	302	1 Bed	1 Bath	1001 ft²	$49,999 1 Bed 1 Bath 1001 ft²	- -	Edward Murphy 7 Hills Real Estate
20110823 Unit 509 08/23/2011	509	1 Bed	1 Bath	681 ft²	$39,900 1 Bed 1 Bath 681 ft²	$35,000 -12.28% 03/28/2012	Realty Delia Group LAER Realty Partners
20110506 Unit 404 05/06/2011	404	2 Bed	1 Bath	850 ft²	$69,000 2 Bed 1 Bath 850 ft²	- -	Luz Gonzalez Luz Gonzalez
20101217 Unit 504 12/17/2010	504	2 Bed	1 Bath	846 ft²	$62,000 2 Bed 1 Bath 846 ft²	$51,750 -16.53% 06/23/2011	Craig Luchon Keller Williams Realty
20091113 Unit 406 11/13/2009	406	2 Bed	1 Bath	846 ft²	$29,900 2 Bed 1 Bath 846 ft²	$29,900 03/04/2010	Jason Bibeau Premiere Realty Group
20091001 Unit 304 10/01/2009	304	2 Bed	1 Bath	845 ft²	$79,000 2 Bed 1 Bath 845 ft²	- -	Jason Fanning RE/MAX Advantage 1
20090718 Unit 302 07/18/2009	302	1 Bed	1 Bath	900 ft²	$76,000 1 Bed 1 Bath 900 ft²	- -	Patricia DeFelice Prudential Linn Real Estate
20061201 Unit 401M 12/01/2006	401M	2 Bed	1 Bath	902 ft²	$89,900 2 Bed 1 Bath 902 ft²	$84,000 -6.56% 03/07/2008	Kimberly Rogers Front Door Realty
20060830 Unit 207 08/30/2006	207	2 Bed	1 Bath	1027 ft²	$129,900 2 Bed 1 Bath 1027 ft²	$128,600 -1.00% 04/11/2007	Jason Fanning
20060605 Unit 411 06/05/2006	411	1 Bed	1 Bath	646 ft²	$74,900 1 Bed 1 Bath 646 ft²	$74,900 09/08/2006	Catalina Dongo Abregu Realty
20060404 Unit 503 04/04/2006	503	2 Bed	1 Bath	900 ft²	$109,500 2 Bed 1 Bath 900 ft²	$109,450 -0.05% 06/30/2006	Paul Harkey Paul Harkey Real Estate
20060215 Unit 201 02/15/2006	201	2 Bed	1 Bath	1801 ft²	$199,000 2 Bed 1 Bath 1801 ft²	$199,900 +0.45% 10/18/2006	Jason Fanning RE/MAX Advantage 1
20050808 Unit 409 08/08/2005	409	1 Bed	1 Bath	459 ft²	$60,000 1 Bed 1 Bath 459 ft²	$60,000 01/18/2006	Jason Fanning RE/MAX Advantage 1
20060125 01/25/2006		Loft	-	3384 ft²	$325,000 Loft - 3384 ft²	$300,000 -7.69% 06/11/2007	Dom Lange Gibson Sotheby's International Realty
20060120 Unit 407 01/20/2006	407	2 Bed	1 Bath	970 ft²	$120,000 2 Bed 1 Bath 970 ft²	$120,000 03/15/2006	Mark Cirignano OmegaListings.com, Inc.
20051101 Unit 206 11/01/2005	206	Studio	1 Bath	1069 ft²	$155,000 Studio 1 Bath 1069 ft²	$170,000 +9.68% 09/29/2006	Jason Fanning RE/MAX Advantage 1
20050913 Unit 410 09/13/2005	410	1 Bed	1 Bath	598 ft²	$65,000 1 Bed 1 Bath 598 ft²	$65,000 01/17/2006	Jason Fanning RE/MAX Advantage 1
20050909 Unit 505 09/09/2005	505	2 Bed	1 Bath	800 ft²	$109,000 2 Bed 1 Bath 800 ft²	$105,000 -3.67% 11/01/2005	Jason Fanning RE/MAX Advantage 1
20050712 Unit 600 07/12/2005	600	2 Bed	1 Bath	1244 ft²	$130,000 2 Bed 1 Bath 1244 ft²	$131,000 +0.77% 11/27/2005	Jason Fanning RE/MAX Advantage 1
20050705 Unit 408 07/05/2005	408	1 Bed	1 Bath	659 ft²	$74,900 1 Bed 1 Bath 659 ft²	$74,900 12/01/2005	Jason Fanning RE/MAX Advantage 1
20050620 Unit 306 06/20/2005	306	2 Bed	1 Bath	844 ft²	$89,900 2 Bed 1 Bath 844 ft²	$89,900 09/20/2005	Jason Fanning RE/MAX Advantage 1
20050617 Unit 307 06/17/2005	307	2 Bed	1 Bath	799 ft²	$90,000 2 Bed 1 Bath 799 ft²	$90,000 09/08/2005	Jason Fanning RE/MAX Advantage 1
20050608 Unit 407 06/08/2005	407	2 Bed	1 Bath	799 ft²	$89,900 2 Bed 1 Bath 799 ft²	$89,900 07/19/2005	Jason Fanning RE/MAX Advantage 1
20050607 Unit 509 06/07/2005	509	1 Bed	1 Bath	646 ft²	$69,000 1 Bed 1 Bath 646 ft²	$73,000 +5.80% 11/21/2005	Jason Fanning RE/MAX Advantage 1
20050603 Unit 406 06/03/2005	406	2 Bed	1 Bath	844 ft²	$89,900 2 Bed 1 Bath 844 ft²	$92,900 +3.34% 08/26/2005	Jason Fanning RE/MAX Advantage 1
20050603 Unit 309 06/03/2005	309	1 Bed	1 Bath	559 ft²	$74,900 1 Bed 1 Bath 559 ft²	$77,900 +4.01% 07/13/2006	Jason Fanning RE/MAX Advantage 1
20050601 Unit 503 06/01/2005	503	2 Bed	1 Bath	818 ft²	$89,900 2 Bed 1 Bath 818 ft²	$90,500 +0.67% 07/20/2005	Jason Fanning RE/MAX Advantage 1
20050531 Unit 308 05/31/2005	308	1 Bed	1 Bath	659 ft²	$74,900 1 Bed 1 Bath 659 ft²	$74,000 -1.20% 07/08/2005	Jason Fanning RE/MAX Advantage 1
20050531 Unit 301 05/31/2005	301	2 Bed	1 Bath	903 ft²	$84,900 2 Bed 1 Bath 903 ft²	$84,900 07/20/2005	Jason Fanning RE/MAX Advantage 1
20050531 Unit 507 05/31/2005	507	1 Bed	1 Bath	459 ft²	$60,000 1 Bed 1 Bath 459 ft²	$60,000 09/02/2005	Jason Fanning RE/MAX Advantage 1
20050515 Unit 403M 05/15/2005	403M	2 Bed	1 Bath	963 ft²	$87,900 2 Bed 1 Bath 963 ft²	$89,500 +1.82% 07/22/2005	Lori Shea Coldwell Banker Residential Brokerage - Worcester - Shrewsbury St.
20050107 Unit 510531 01/07/2005	510531	1 Bed	1 Bath	600 ft²	$59,900 1 Bed 1 Bath 600 ft²	$57,000 -4.84% 04/21/2005	Jason Fanning RE/MAX Advantage 1
20041101 Unit 302531 11/01/2004	302531	1 Bed	1 Bath	900 ft²	$78,000 1 Bed 1 Bath 900 ft²	$78,000 01/31/2005	Jason Fanning RE/MAX Advantage 1
20040824 Unit 305531 08/24/2004	305531	2 Bed	1 Bath	900 ft²	$85,000 2 Bed 1 Bath 900 ft²	$84,000 -1.18% 01/05/2005	Jason Fanning RE/MAX Advantage 1
20040816 Unit 402 08/16/2004	402	1 Bed	1 Bath	800 ft²	$67,900 1 Bed 1 Bath 800 ft²	$65,500 -3.53% 11/08/2004	Roxanne Fancourt Re/max Realty Associates
20040607 Unit 304531 06/07/2004	304531	2 Bed	1 Bath	900 ft²	$82,000 2 Bed 1 Bath 900 ft²	$81,500 -0.61% 08/17/2004	Jason Fanning RE/MAX Advantage 1
20040517 Unit 502531 05/17/2004	502531	2 Bed	1 Bath	875 ft²	$82,000 2 Bed 1 Bath 875 ft²	$82,000 10/14/2004	Jason Fanning RE/MAX Advantage 1
20040421 Unit 311531 04/21/2004	311531	1 Bed	1 Bath	700 ft²	$60,000 1 Bed 1 Bath 700 ft²	$60,000 09/01/2004	Jason Fanning RE/MAX Advantage 1
20040416 Unit 404531 04/16/2004	404531	2 Bed	1 Bath	850 ft²	$75,000 2 Bed 1 Bath 850 ft²	$75,000 06/04/2004	Jason Fanning RE/MAX Advantage 1
20040416 Unit 506531 04/16/2004	506531	1 Bed	1 Bath	750 ft²	$65,000 1 Bed 1 Bath 750 ft²	$64,000 -1.54% 05/28/2004	Jason Fanning RE/MAX Advantage 1
20040416 Unit 312531 04/16/2004	312531	1 Bed	1 Bath	600 ft²	$55,000 1 Bed 1 Bath 600 ft²	$55,000 07/27/2004	Jason Fanning RE/MAX Advantage 1
20040114 Unit 303531 01/14/2004	303531	2 Bed	1 Bath	900 ft²	$80,000 2 Bed 1 Bath 900 ft²	$79,000 -1.25% 04/23/2004	Jason Fanning RE/MAX Advantage 1
20031120 Unit 508531 11/20/2003	508531	1 Bed	1 Bath	700 ft²	$60,000 1 Bed 1 Bath 700 ft²	$57,000 -5.00% 01/31/2004	Jason Fanning RE/MAX Advantage 1
20031015 Unit 401531 10/15/2003	401531	2 Bed	1 Bath	800 ft²	$68,000 2 Bed 1 Bath 800 ft²	$68,000 05/21/2004	Jason Fanning RE/MAX Advantage 1
20030930 Unit 402531 09/30/2003	402531	1 Bed	1 Bath	800 ft²	$65,000 1 Bed 1 Bath 800 ft²	$65,000 01/30/2004	Jason Fanning RE/MAX Advantage 1
20030930 Unit 510531 09/30/2003	510531	1 Bed	1 Bath	600 ft²	$55,000 1 Bed 1 Bath 600 ft²	$52,000 -5.45% 03/12/2004	Jason Fanning RE/MAX Advantage 1
20030919 Unit 501531 09/19/2003	501531	2 Bed	1 Bath	900 ft²	$76,500 2 Bed 1 Bath 900 ft²	$76,500 03/05/2004	Jason Fanning RE/MAX Advantage 1
20030827 Unit 403531 08/27/2003	403531	2 Bed	1 Bath	900 ft²	$80,000 2 Bed 1 Bath 900 ft²	$80,000 05/06/2004	Jason Fanning RE/MAX Advantage 1
20030827 Unit 310531 08/27/2003	310531	1 Bed	1 Bath	625 ft²	$55,000 1 Bed 1 Bath 625 ft²	$55,000 01/22/2004	Jason Fanning RE/MAX Advantage 1

Building Info

531 Main Street 531 Main Street, Worcester, MA 01608

More about this Building

Want to find out who owns 531 Main Street, Worcester, MA 01608? Get detailed property transactions here.

About Central Business District

Stats & Trends

Median Asking:

$220,056

Sale Price/ft²

$274

Below Asking

0.03%

Average Days on Market

Average Home Size

648 ft²

Average Home Age

47.4 years

Currently For Sale

5 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73255032