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Worcester 01610 University Park
817 Main St
Photo of 817 Main St

3

Map

Photo of 817 Main St
Photo of 817 Main St
$900,000
↓ $100K (10%)
● Land - For Sale

817 Main St

Worcester, MA 01610
bedrooms
Studio
bathrooms
0 Bath
$6,024
Est. Monthly

About This Property

Prime development opportunity on Main Street in the heart of Worcester's Main South corridor. This high-visibility parcel offers excellent frontage and accessibility along a busy commuter route, with close proximity to downtown, public transportation, local universities, and UMass Memorial Medical Center.Formerly improved and now cleared, the site presents a blank canvas for investors, developers, or owner-users. Favorable zoning allows for a range of potential uses (buyer to perform due diligence). Located in a growing area, this is a rare chance to secure a well-positioned property with strong future upside.
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,605
HOA Dues
-
Year Built
1925

Listed By

Elaine Evans Group
RE/MAX Generations

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (MLSPIN #73506802)

Price History

Date / Event Date Event Price
Aug 17, 2026 Price Decreased $900,000
↓ $100K (10%)
Price Decreased
Jun 27, 2026 Price Decreased $1,000,000
↓ $200K (16.7%)
Price Decreased
Apr 23, 2026 Listed by RE/MAX Generations $1,200,000
Listed by RE/MAX Generations
Aug 10, 1999 Sold
Premium
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Level
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 14810
Water Source: Public
Financial Details
Tax Assessed Value: $673,000
Tax Annual Amount: $19,255
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 4,914
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,663
  • Total Building Area: 4,914
  • Gross Building Area: 9,828
  • Building Area: 4,914
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,914
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000337
  • Standard Land Use Code: 2007
  • County Land Use Code: 323

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731300

Zoning

  • Zoning: BG-3

Geography

  • Account Number: 6-030-0001A
  • Parcel: WORC M:06 B:030 L:0001A
  • Block: 30
  • Lot: 1A
  • Municipality: WORCESTER
  • Latitude: 42.2551
  • Longitude: -71.8128

    Address

  • Full Address: 817 Main St
  • Address - House Number: 817
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C021
  • 4-Digit Zip Code: 2423
  • Zip Code: 01610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,528,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,900
  • Assessed Land Value: $203,200
  • Assessed Improvements Value: $285,700

    Sales

  • Current Sale Recording Date: Aug 10, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About University Park

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$214

Below Asking

0.03%

Average Days on Market

69

Average Home Size

5506 ft²

Average Home Age

117.1 years

Currently For Sale

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

Similar Homes for Sale

Currently no similar homes around

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
Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 73506802

Frequently Asked Questions

When was property at 817 Main Street built and last sold?
The property at 817 Main Street was built in 1925 and last sold on Jan 1, 1970 for $187,000.
How much is this home worth?
The estimated value of the home located at 817 Main Street is $909,000.
What are some comparable homes to 817 Main Street?
There are currently no comparable homes to 817 Main Street.
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