15 May St, Worcester MA 01610
Worcester, MA 01610
$1,150,000
$999,000
Est. $6,034/month
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About this home
Five-unit investment opportunity with tremendous value-add potential! Offering 4,571 SF, 15 bedrooms, 5.5 bathrooms, and ample off-street parking on a corner lot in Worcester's sought-after University Park neighborhood. Two fully renovated vacant units (a 5-bedroom and a 2-bedroom) provide immediate lease-up potential. The remaining units include two 2-bedroom apartments (one with two levels of living) and a 4-bedroom apartment, all occupied on a tenant-at-will basis, providing flexibility and upside. Separately metered utilities allow tenants to pay their own heat, hot water, and electricity, helping minimize operating expenses. Four of the five units are lead compliant. A full walkout basement offers shared laundry, storage, and additional income potential. Conveniently located near Clark University, public transportation, shopping, and restaurants. One Open House Only: Saturday, July 11, 1:00 PM–2:00 PM.
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Recently Sold Nearby
Property History
Market Insights
3
Price Changes
91.3%
Price Range
Property Timeline
Price Increased
Aug 11, 2026
$999,000
+$899,100
(+900%)
From $99,900 to $999,000 (+900.0%)
Price Reduced
Aug 11, 2026
$99,900
$990,100
(-90.83%)
From $1,090,000 to $99,900 (-90.8%)
Price Reduced
Jul 14, 2026
$1,090,000
$60,000
(-5.22%)
From $1,150,000 to $1,090,000 (-5.2%)
Listed for Sale
Jul 7, 2026
$1,150,000
Original listing
Agent: Ben Hicks
Office: Bridgemont Realty LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/11/2026 | ↑ Price Increased | $999,000 | +$899,100 | - | From $99,900 to $999,000 (+900.0%) |
| 08/11/2026 | ↓ Price Reduced | $99,900 | $990,100 | - | From $1,090,000 to $99,900 (-90.8%) |
| 07/14/2026 | ↓ Price Reduced | $1,090,000 | $60,000 | - | From $1,150,000 to $1,090,000 (-5.2%) |
| 07/07/2026 | 🏠 Listed for Sale | $1,150,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,386 | $711,600 |
Financial Details
Annual Property Tax
$9,386
Tax Year 2025
Assessed Value
$711,600
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1910
Living Area
4,571 sq ft
Lot Size
0.14 acres
Stories
6
Bedrooms
15
Full Baths
5
Half Baths
1
Total Rooms
23
Investment Metrics
Units
5
Unit 1 Rent
$1,500/mo · N
Unit 2 Rent
$2,900/mo · N
Unit 3 Rent
$1,700/mo · N
Unit 4 Rent
$1,400/mo · N
Total Monthly Rent
$7,500/mo
Gross Income
$105,600
Net Operating Income
$105,600
Cap Rate
10.57%
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile, Varies
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Walk-out Access
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Porch
Parking
Features
Off Street
Total Spaces
5
Utilities
Electric
Circuit Breakers, 100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range, For Gas Oven, For Electric Oven, Varies Per Unit
Financial
Annual Tax
$9,386
Assessed Value
$711,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
None, Unknown
Seller Disclosures
Rents For Units #2 And #3 (both Renovated And Vacant) Are Projected Based On Neighborhood Rental Market Values. Some Photographs Have Been Digitally Enhanced.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
43 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
15
Full Bathrooms
5
Half Bathrooms
1
Living Area
4,571 sq ft
Total Rooms
23
Stories
6
Levels
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,571 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Varies
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Kitchen
Windows:
Basement:
Full, Walk-Out Access
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
6
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Fenced
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Total Parking Spaces:
5
Parking Features:
Off Street
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$782
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
15 May St, Worcester MA 01610
Worcester, MA 01610
Listing Information
Listing Agent
Ben Hicks
Listing Office
Bridgemont Realty LLC
Office Phone
617-529-0751
Agent MLS ID
CN203261
Office MLS ID
AN7238
Listing Data Updated
Aug 18, 2026 5:19 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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