40 42 Merrifield St
Worcester, MA 01605
- 12 beds
- 4 baths
- 4,770 sqft
- 9,294 sqft lot
- $203 per sqft
- 2024 build
- – on site
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Discover an exceptional investment opportunity with this fully renovated 4-family rental property situated on a desirable corner lot in Worcester! This property boasts modern upgrades throughout, including all new mechanical systems—plumbing, electrical, and heating. Each unit features energy-efficient tankless on-demand hot water heaters, along with stylish quartz countertops and stainless steel appliances, ensuring both comfort and luxury for tenants. Currently, three units are vacant and ready for new tenants, making it ideal for an investor looking to maximize rental income. The top-floor unit is already generating $2,300 per month, providing a strong foundation for your investment. Additional highlights include off-street parking for six cars, a rare convenience in the area. This property is strategically located near Worcester's largest hospitals and a variety of popular restaurants, making it appealing to potential renters.
Listing courtesy of MLSPIN / Benjamin Kovacs / Young Realty Group, LLC
Last checked:
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Last updated Jan 8, 2025
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MLS# 73304804 —
The Building
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Year Built:2024
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Year Built Details:Renovated Since
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Year Built Source:Owner
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Construction Materials:Frame
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Roof:Shingle
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Foundation Details:Block
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Patio And Porch Features:Enclosed
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Stories Total:10
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# of Units Total:4
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Building Area Total:4770
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Building Area Units:Square Feet
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Building Area Source:Measured
Interior
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Rooms Total:20
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Flooring:Vinyl
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Fireplace:false
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Laundry Features:Electric Dryer Hookup
Room Dimensions
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Living Area:4770
Location
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Directions:East of Route 290 located off of Shrewsbury Street
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Latitude:42.269087
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Longitude:-71.788868
The Property
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Parcel Number:M:16 B:012 L:00020
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Property Type:Residential Income
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Property Subtype:4 Family - 4 Units Up/Down
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Lot Features:Corner Lot
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Lot Size Units:Acres
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Lot Size Area:0.21
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Lot Size SqFt:9294
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Lot Size Acres:0.21
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Zoning:RG-5
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View:City View(s)
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View:true
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Fencing:Fenced
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Waterview:No
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Waterfront:false
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Farm Land Area Units:Square Feet
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Road Surface Type:Paved
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Road Frontage Type:Public
Listing Agent
- Contact info:
- Office phone:
- (774) 217-2268
Taxes
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Tax Year:2024
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Tax Book Number:67996
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Tax Annual Amount:7261
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Tax Assessed Value:528100
Beds
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Bedrooms Total:12
Baths
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Total Baths:4
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Total Baths:4
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Full Baths:4
The Listing
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Home Warranty:false
Utilities
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Utilities:for Gas Range
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Electric:100 Amp Service
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:false
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Community Features:Public Transportation
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Spa:false
Parking
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Garage:false
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Parking Total:6
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Parking Features:Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/31/24
Dec 31, 2024
|
Sold | MLSPIN | $970,000 | -1.0% |
10/28/24
Oct 28, 2024
|
Pending | MLSPIN | $980,000 | |
10/22/24
Oct 22, 2024
|
Listed / Active | MLSPIN | $980,000 |