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23 Lakewood St, Worcester MA 01603

Worcester, MA 01603
$599,000
Est. $3,659/month
5
Beds
2.5
Baths
2,500
Sq Ft
$240
Price/Sq Ft
0.17
Acres
1890
Year Built
Multi Family
Type
11 hours 42 minutes
Time on Market
Active Open House Listed Apr 18, 2026 • MLS# 73503836 Copied!

About this home

Well-maintained multi-family property offering excellent investment or owner-occupant opportunity. This spacious home features two primary units plus a bonus third-floor providing flexible living arrangements and strong rental potential. The first floor is currently rented, rent is $2750 . while the second ( one person family menber lives ) and pay rent $1800. and third floor can be delivered vacant if need it . allowing immediate occupancy or market-rate leasing. Hardwood floors, large living spaces, and ample natural light throughout. Situated on a corner lot with off-street parking and convenient access to shopping, public transportation, and major routes. A rare chance to own a versatile, income-producing property in a strong Worcester rental market. open house 04/26/2026 at 2:00-3:30pm.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1890
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,500 sq ft
Total Rooms
14
Stories
3
Levels
3

Open House Schedule

26
Apr
Sunday, April 26
2:00 PM - 3:30 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1890
Living Area 2,500 sq ft
Lot Size 0.17 acres
Bedrooms 5
Full Baths 2
Half Baths 1
Total Rooms 14

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,157
Assessed Value $391,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features:

Location

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Neighborhood

23 Lakewood St, Worcester MA 01603

Worcester, MA 01603

Walkability

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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
E

Elementary Schools

10 schools
Our Lady of the Angels School
0.3 mi
Grades PK-08
C-
Gates Lane School
0.3 mi | #744 of 824 | Score: 33.0
Dropped 10 spots from last year
-25.2 below state avg
547 students Very Diverse
Diverse Student Body
Grades PK-06
C+
Columbus Park School
0.6 mi | #9 of 12 | Score: 31.6
Improved 720 spots from last year
-26.6 below state avg
381 students Diverse
Rising School
Grades PK-06
C-
Goddard School/Science Technical
0.7 mi | #703 of 824 | Score: 35.5
Improved 17 spots from last year
-22.7 below state avg
359 students Diverse
Grades PK-06
C-
Canterbury School
1.0 mi | #745 of 824 | Score: 32.7
Improved 64 spots from last year
-25.5 below state avg
329 students Diverse
Rising School
Grades PK-06
C
Heard Street School
1.0 mi | #644 of 824 | Score: 38.4
Dropped 229 spots from last year
-19.8 below state avg
245 students Very Diverse
Diverse Student Body Strong Attendance
Grades K-06
Seven Hills Foundation
1.1 mi
Grades K-12
C-
Woodland Academy
1.4 mi | #11 of 12 | Score: 28.5
Improved 726 spots from last year
-29.7 below state avg
482 students Moderate
Rising School
Grades K-06
C-
May Street School
1.5 mi | #682 of 824 | Score: 36.5
Dropped 33 spots from last year
-21.7 below state avg
310 students Very Diverse
Diverse Student Body
Grades K-06
C-
Jacob Hiatt Magnet School
1.6 mi | #691 of 824 | Score: 36.2
Dropped 136 spots from last year
-22 below state avg
367 students Diverse
Diverse Student Body
Grades PK-06
M

Middle Schools

6 schools
Worcester SDA School
2.2 mi
Grades 01-08
The Nativity School of Worcester
2.9 mi
Grades 05-08
B
Sullivan Middle School
1.2 mi | #157 of 352 | Score: 43.9
Improved 28 spots from last year
-14.3 below state avg
940 students Diverse
Rising School Diverse Student Body
Grades 06-08
C-
Worcester East Middle School
2.8 mi | #298 of 352 | Score: 31.5
Improved 55 spots from last year
-26.7 below state avg
731 students Diverse
Rising School Diverse Student Body
Grades 06-08
C+
Forest Grove Middle School
3.1 mi | #229 of 352 | Score: 38.3
Improved 91 spots from last year
-19.9 below state avg
839 students Diverse
Rising School Diverse Student Body
Grades 07-08
C+
Burncoat Middle School
4.4 mi | #233 of 352 | Score: 37.9
Improved 48 spots from last year
-20.3 below state avg
720 students Diverse
Rising School Diverse Student Body
Grades 07-08
H

High Schools

10 schools
C-
University Park Campus School
0.6 mi | #290 of 346 | Score: 41.4
Dropped 13 spots from last year
-16.8 below state avg
233 students Diverse
Early College Program High Graduation Rate College Ready Curriculum Strong Attendance
Grades 07-12
B+
Claremont Academy
1.1 mi | #9 of 25 | Score: 38.3
Improved 317 spots from last year
-20 below state avg
474 students Moderate
10 sports • 216 athletes
Early College Program Rising School College Ready Curriculum
Grades 07-12
Worcester Alternative High School
1.4 mi
36 students Diverse
Grades 07-12
Worcester Academy
2.3 mi
Grades 06-12
Notre Dame Academy
2.7 mi
Grades 07-12
Saint Paul Diocesan Junior/Senior High School
2.7 mi
Grades 07-12
B
South High Community School
1.4 mi | #168 of 346 | Score: 53.6
Improved 65 spots from last year
-4.6 below state avg
1,800 students Very Diverse
19 sports • 1,056 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
B-
Doherty Memorial High School
1.8 mi | #195 of 346 | Score: 51.8
Improved 26 spots from last year
-6.4 below state avg
1,573 students Very Diverse
19 sports • 1,302 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
A+
Massachusetts Academy of Math and Science at WPI
2.9 mi | #2 of 346 | Score: 91.7
Same rank as last year
99 students Diverse
Strong AP Program College Ready Curriculum Strong Attendance
Grades 11-12
C+
Worcester Technical High School
3.8 mi | #219 of 346 | Score: 49.8
Improved 47 spots from last year
-8.4 below state avg
1,442 students Diverse
19 sports • 1,016 athletes
Early College Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $430
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Apr 18, 2026
$599,000
Original listing
Agent: Tai Cheng Office: La Maison

Price & Status History

Date Event Price Change
Apr 18, 2026 New Listing Added $599,000 —

Market Statistics

Time on Market
11 hours 42 minutes
Price per Sq Ft
$240

Tax History

Year Taxes Assessment
2025 $5,157 $391,000

Financial Details

Annual Property Tax
$5,157
Tax Year 2025
Assessed Value
$391,000

Listing Information

Listing Agent Tai Cheng
Listing Office La Maison
Agent MLS ID NB113513
Office MLS ID AN2029
Listing Data Updated Apr 18, 2026 1:15 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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23 Lakewood St, Worcester MA 01603 - Photo 1 23 Lakewood St, Worcester MA 01603 - Photo 2 23 Lakewood St, Worcester MA 01603 - Photo 3 23 Lakewood St, Worcester MA 01603 - Photo 4 23 Lakewood St, Worcester MA 01603 - Photo 5 23 Lakewood St, Worcester MA 01603 - Photo 6 23 Lakewood St, Worcester MA 01603 - Photo 7 23 Lakewood St, Worcester MA 01603 - Photo 8 23 Lakewood St, Worcester MA 01603 - Photo 9
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