16 Reservoir St, Worcester MA 01605
Worcester, MA 01605 • Belmont Hill
$699,865
Est. $4,374/month
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Open House Schedule
06
Sep
Sunday, September 6
11:30 AM - 12:30 PM EDT
About this home
Long-time property owner has decided to retire. Good time to purchase, Presenting a distinguished multi-family residence in the Belmont St Hill area. This expansive 4125 sq ft property stands as an inviting and income ready, offering a unique blend of historic charm and contemporary living. Can enjoy living in the city with all the city perks. Close distance to hospital services, bus routes, schools and commuter access. The property encompasses nine well-proportioned bedrooms, providing ample private accommodations across its three stories. Complementing these are one full bathroom per unit, designed to facilitate convenience and comfort for all residents. Beyond the interior, the property features a private yard, offering an exclusive outdoor space for relaxation or recreation. Property has recently had some updates. Permits was applied and currently being closed out by the licensed contractor. This exceptional property represents a significant opportunity for those seeking a substantial and versatile living arrangement. Like more income? Property may be eligible to add another unit with the ADU process to have 4th unit. Like more information. Feel free to message.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 2, 2026
$699,865
Original listing
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/02/2026 | 🏠 Listed for Sale | $699,865 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,616 | $577,400 |
Financial Details
Annual Property Tax
$7,616
Tax Year 2025
Assessed Value
$577,400
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1890
Living Area
4,125 sq ft
Lot Size
0.10 acres
Stories
3
Bedrooms
9
Full Baths
3
Total Rooms
18
Investment Metrics
Units
3
Unit 1 Rent
$2,200/mo · Y
Unit 2 Rent
$1,400/mo · N
Unit 3 Rent
$1,400/mo · Y
Total Monthly Rent
$5,000/mo
Gross Income
$60,000
Net Operating Income
$60,000
Cap Rate
8.57%
Interior
Heating
None
Cooling
None
Flooring
Carpet
Appliances
None
Fireplace
None
Basement
Full, Unfinished
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, On Street, Driveway
Total Spaces
3
Utilities
Electric
Circuit Breakers, Common, Individually Metered, Varies Per Unit
Water
Public
Sewer
Public Sewer
Gas
None
Other
Varies Per Unit
Financial
Annual Tax
$7,616
Assessed Value
$577,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Tenants Personal Belongings Not Included In Sale.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
9
Full Bathrooms
3
Living Area
4,125 sq ft
Total Rooms
18
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,125 sq ft above grade
Display Options
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:
Carpet
Appliances:
Interior Features:
Windows:
Basement:
Full, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Heating Zones:
3
Cooling:
Hot Water:
Natural Gas, Varies Per Unit
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Fenced/Enclosed
Other Structures:
Lot Features:
Sloped
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street, On Street, Driveway
Nearby Schools
School District
Worcester School District local
C-
Where Graduates Go
Class of 2021
51%
attend college
35%
4-Year
16%
2-Year
4%
Out of State
4%
Working
School Safety
2024-25
4.1%
Above Average
3.3%
Suspensions
1.7%
In-School
0.8%
Emergency
1.4% below state avg
Elementary Schools
10 schools
Venerini Academy
< 0.1 mi
Grades PK-08
C-
Belmont Street Community School
0.2 mi
|
#723 of 825
|
Score: 34.2
Dropped 114 spots from last year
-24 below state avg
605 students
Diverse
Diverse Student Body
Grades PK-06
F
City View School
0.2 mi
|
#809 of 825
|
Score: 26.0
Dropped 76 spots from last year
-32.2 below state avg
440 students
Diverse
Diverse Student Body
Grades PK-06
Summit Academy School for Alternative Learners
0.7 mi
Grades K-12
D
Elm Park Community School
0.9 mi
|
#774 of 825
|
Score: 30.9
Improved 30 spots from last year
-27.4 below state avg
444 students
Diverse
Rising School
Grades K-06
F
Grafton Street School
0.9 mi
|
#796 of 825
|
Score: 28.9
Improved 3 spots from last year
-29.3 below state avg
438 students
Diverse
Diverse Student Body
Grades K-06
F
Worcester Cultural Academy Charter Public School
1.0 mi
|
#790 of 825
|
Score: 29.4
Improved 45 spots from last year
-28.8 below state avg
230 students
Diverse
Rising School
Diverse Student Body
Grades K-06
F
Chandler Elementary Community School
1.2 mi
|
#807 of 825
|
Score: 26.6
Dropped 61 spots from last year
-31.6 below state avg
412 students
Diverse
Diverse Student Body
Grades K-06
F
Union Hill School
1.3 mi
|
#815 of 825
|
Score: 25.0
Dropped 19 spots from last year
-33.2 below state avg
383 students
Diverse
Grades K-06
C-
Learning First Charter Public School
1.3 mi
|
#292 of 352
|
Score: 32.3
Improved 40 spots from last year
-25.9 below state avg
666 students
Diverse
Rising School
Grades K-08
Middle Schools
6 schools
The Nativity School of Worcester
0.5 mi
Grades 05-08
Worcester SDA School
3.4 mi
Grades 01-08
C-
Worcester East Middle School
1.2 mi
|
#302 of 352
|
Score: 31.5
Improved 51 spots from last year
-26.7 below state avg
781 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
Forest Grove Middle School
1.7 mi
|
#230 of 352
|
Score: 38.2
Improved 90 spots from last year
-20 below state avg
938 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
C+
Burncoat Middle School
1.9 mi
|
#231 of 352
|
Score: 38.0
Improved 50 spots from last year
-20.2 below state avg
679 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
B
Sullivan Middle School
4.0 mi
|
#156 of 352
|
Score: 44.0
Improved 29 spots from last year
-14.2 below state avg
954 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
10 schools
Worcester Academy
1.2 mi
Grades 06-12
B+
Claremont Academy
1.8 mi
|
#9 of 25
|
Score: 37.3
Improved 317 spots from last year
-20.9 below state avg
451 students
Moderate
10 sports
• 216 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 07-12
Saint Paul Diocesan Junior/Senior High School
1.9 mi
Grades 07-12
Worcester Alternative High School
2.0 mi
36 students
Diverse
Diverse Student Body
Grades 07-12
Notre Dame Academy
2.1 mi
Grades 07-12
C-
University Park Campus School
2.4 mi
|
#286 of 346
|
Score: 42.8
Dropped 9 spots from last year
-15.4 below state avg
224 students
Diverse
Early College Program
College Ready Curriculum
Grades 07-12
A+
Massachusetts Academy of Math and Science at WPI
0.7 mi
|
#2 of 346
|
Score: 91.7
Same rank as last year
98 students
Moderate
Strong AP Program
College Ready Curriculum
Strong Attendance
Grades 11-12
C+
Worcester Technical High School
0.9 mi
|
#223 of 346
|
Score: 50.1
Improved 43 spots from last year
-8.1 below state avg
1,409 students
Diverse
19 sports
• 1,016 athletes
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
C-
North High School
1.4 mi
|
#299 of 346
|
Score: 38.8
Improved 28 spots from last year
-19.4 below state avg
1,377 students
Diverse
14 sports
• 498 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
B-
Doherty Memorial High School
1.5 mi
|
#199 of 346
|
Score: 52.3
Improved 22 spots from last year
-5.9 below state avg
1,756 students
Very Diverse
19 sports
• 1,302 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
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95% Interest
Year 15
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Location
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Neighborhood
Belmont Hill
16 Reservoir St, Worcester MA 01605
Worcester, MA 01605
Listing Information
Listing Agent
Ray Lopolito
Listing Office
Starterline
Office Phone
508-753-9000
Agent MLS ID
BB902582
Office MLS ID
K95533
Listing Data Updated
Sep 2, 2026 12:37 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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