Multi-Family for Sale: 40-42 Merrifield St, Worcester, MA 01605

12 beds
4 full baths
4,770 sqft
$980,000
$980,000
40-42 Merrifield St, Worcester, MA 01605
12 beds
4 full baths
4,770 sqft
$980,000
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Price:
$980,000

Type Multi-Family
Beds 12
Total Baths 4 full baths
Square Feet 4,770 sqft
Lot Size 0.21 acres
Year Built 2024

City Worcester
County Worcester

MLS 73304804
Status Pending
DOM 62 days
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.

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 2024
Taxes Paid $7,261
Water Public
Foundation Block, Brick/Mortar
Roof Shingle
Full Baths 4
Parking Off Street
Total Rooms 20
Garage Spaces 0

Price History of 40-42 Merrifield St, Worcester, MA

Date Name Price Difference
10/22/2024 Listing Price $980,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$705,000
$150 / sqft
Average
$750,000
$161 / sqft
High
$855,000
$185 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Worcester 01605 12 4.0 $980,000 4,770 $205 N/A
49 Crystal St Worcester 01603 11 4.0 $705,000 4,708 $150 12/29/2023
43 Hollywood Worcester 01610 11 3.0 $710,000 4,608 $154 12/15/2023
65 Merrifield St Worcester 01605 12 5.0 $855,000 4,626 $185 02/27/2024
17 Freeland St Worcester 01603 11 3.0 $730,000 4,664 $157 08/16/2024

Map of 40-42 Merrifield St, Worcester, MA

Location Map Street View
Photo of Justin Mitchell
Direct: 802-468-7032
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Young Realty Group, LLC, Benjamin Kovacs
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40-42 Merrifield St (MLS #73304804) is a multi-family listing located in Worcester, MA. This multi-family listing is 4,770 sqft and on a lot of 9,294 sqft (or 0.21 acres) with 12 bedrooms and 4 baths. This property was listed on 10/22/2024 and has been priced for sale at $980,000.

The 12 bedroom multi-family listing at 65 Merrifield St in Worcester is nearby and sold for $855,000 on 02/27/2024. Another nearby 11 bedroom multi-family listing, 43 Hollywood in Worcester sold for $710,000 on 12/15/2023.

Nearby zip codes are 01601, 01604, 01608, 01609 and 01610. This property neighbors other cities such as Auburn, Phillipston and Shrewsbury.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Young Realty Group, LLC

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.