54 Shelby Street, Worcester MA 01605
Worcester, MA 01605
$985,000
$915,000
Est. $5,628/month
Track this home for price, status, and open-house alerts.
About this home
Price improvement! Check out this amazing opportunity! Don't miss this incredible opportunity to add a high-performing asset to your portfolio. This expansive 5-unit multi-family home in Worcester features highly functional, tenant-friendly layouts in an ideal location just minutes from major commuter routes, local restaurants, and vibrant shopping districts. The property checks every box, offering coveted off-street parking and a shared backyard space—a truly rare find in the city. To top it off, four of the five units feature highly desirable, in-unit laundry hookups, a premium amenity that maximizes rental income potential. Schedule your showing today and make this Worcester powerhouse yours!
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Property History
Market Insights
2
Price Changes
7.1%
Price Range
Property Timeline
Back On Market
Aug 21, 2026
Active
Price Reduced
Aug 21, 2026
$915,000
$20,000
(-2.14%)
From $935,000 to $915,000 (-2.1%)
Status: Active under contract
Aug 15, 2026
Active → Active Under Contract
Price Reduced
Aug 10, 2026
$935,000
$50,000
(-5.08%)
From $985,000 to $935,000 (-5.1%)
Listed for Sale
Jul 7, 2026
$985,000
Original listing
Agent: The Balestracci Group
Office: Lamacchia Realty, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/21/2026 | • Back On Market | - | - | - | Active |
| 08/21/2026 | ↓ Price Reduced | $915,000 | $20,000 | - | From $935,000 to $915,000 (-2.1%) |
| 08/15/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 08/10/2026 | ↓ Price Reduced | $935,000 | $50,000 | - | From $985,000 to $935,000 (-5.1%) |
| 07/07/2026 | 🏠 Listed for Sale | $985,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,610 | $728,600 |
Financial Details
Annual Property Tax
$9,610
Tax Year 2025
Assessed Value
$728,600
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1883
Living Area
6,450 sq ft
Lot Size
0.21 acres
Stories
5
Bedrooms
13
Full Baths
5
Total Rooms
27
Investment Metrics
Units
5
Unit 1 Rent
$1,750/mo · Y
Unit 2 Rent
$1,600/mo · Y
Unit 3 Rent
$1,750/mo · Y
Unit 4 Rent
$1,750/mo · Y
Total Monthly Rent
$6,850/mo
Gross Income
$100,800
Net Operating Income
$100,800
Cap Rate
11.02%
Interior
Heating
Natural Gas
Cooling
None
Flooring
Tile, Vinyl, Carpet, Hardwood
Appliances
None
Fireplace
None
Basement
Full, Partially Finished, Interior Entry
Laundry
Washer Hookup
Features
Bathroom With Tub & Shower, Living Room, Kitchen
Exterior
Construction
Conventional (2x4-2x6)
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
5
Utilities
Electric
Circuit Breakers, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, Washer Hookup
Financial
Annual Tax
$9,610
Assessed Value
$728,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Buyers And Buyers Agents To Perform Due Diligence. Some Photos May Be Virtually Enhanced. Water And Sewer Included In Monthly Rent - Tenants Pay For Their Own Gas And Electric. All Appliances Outside Of Tenant Appliances & Laundry Machines Included In Sale.
Exclusions
Tenant Owned Appliances, Laundry Machines
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Blue
Sq Ft Source
Public Record
Sq Ft Disclosures
Measurements are approx.
Documents
None
County
Worcester
Total market time (incl. prior listings)
45 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1883
Bedrooms
13
Full Bathrooms
5
Living Area
6,450 sq ft
Total Rooms
27
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,901 sq ft above grade
549 sq ft below 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:
Tile, Vinyl, Carpet, Hardwood
Appliances:
Interior Features:
Bathroom With Tub & Shower, Living Room, Kitchen
Windows:
Basement:
Full, Partially Finished, Interior Entry
Laundry:
Washer Hookup
Security:
Construction & Materials
Year Built:
1883
Structure Type:
Exterior Materials:
Conventional (2x4-2x6)
Roof:
Shingle
Foundation:
Block, Brick/Mortar, Granite
Stories:
5
Heating, Cooling & Utilities
Heating:
Natural Gas
Cooling:
None
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
5
Parking Features:
Paved Drive, Off Street, Paved
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
F
City View School
< 0.1 mi
|
#812 of 824
|
Score: 25.8
Dropped 79 spots from last year
-32.4 below state avg
464 students
Diverse
Diverse Student Body
Grades PK-06
Venerini Academy
0.2 mi
Grades PK-08
C-
Belmont Street Community School
0.3 mi
|
#720 of 824
|
Score: 34.1
Dropped 111 spots from last year
-24.1 below state avg
615 students
Diverse
Diverse Student Body
Strong Attendance
Grades PK-06
Summit Academy School for Alternative Learners
0.8 mi
Grades K-12
F
Grafton Street School
0.8 mi
|
#795 of 824
|
Score: 29.1
Improved 4 spots from last year
-29.1 below state avg
386 students
Diverse
Diverse Student Body
Grades K-06
D
Elm Park Community School
0.9 mi
|
#779 of 824
|
Score: 30.6
Improved 25 spots from last year
-27.6 below state avg
478 students
Diverse
Rising School
Diverse Student Body
Grades K-06
D
Worcester Cultural Academy Charter Public School
0.9 mi
|
#786 of 824
|
Score: 29.4
Improved 49 spots from last year
-28.8 below state avg
194 students
Diverse
Rising School
Diverse Student Body
Grades K-06
F
Union Hill School
1.1 mi
|
#815 of 824
|
Score: 25.3
Dropped 19 spots from last year
-33 below state avg
377 students
Diverse
Grades K-06
F
Chandler Elementary Community School
1.2 mi
|
#805 of 824
|
Score: 26.6
Dropped 59 spots from last year
-31.6 below state avg
402 students
Diverse
Grades K-06
C-
Learning First Charter Public School
1.2 mi
|
#289 of 352
|
Score: 32.5
Improved 43 spots from last year
-25.7 below state avg
666 students
Diverse
Rising School
Grades K-08
Middle Schools
6 schools
The Nativity School of Worcester
0.6 mi
Grades 05-08
Worcester SDA School
3.4 mi
Grades 01-08
C-
Worcester East Middle School
1.1 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
1.8 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
2.1 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
B
Sullivan Middle School
4.0 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
High Schools
10 schools
Worcester Academy
1.1 mi
Grades 06-12
B+
Claremont Academy
1.7 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
Saint Paul Diocesan Junior/Senior High School
1.8 mi
Grades 07-12
Worcester Alternative High School
1.9 mi
36 students
Diverse
Grades 07-12
Notre Dame Academy
2.1 mi
Grades 07-12
C-
University Park Campus School
2.3 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
A+
Massachusetts Academy of Math and Science at WPI
0.8 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
1.0 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
C-
North High School
1.3 mi
|
#300 of 346
|
Score: 37.9
Improved 27 spots from last year
-20.3 below state avg
1,376 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
|
#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
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$801
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
54 Shelby Street, Worcester MA 01605
Worcester, MA 01605
Listing Information
Listing Agent
The Balestracci Group
Listing Office
Lamacchia Realty, Inc.
Office Phone
508-832-5324
Agent MLS ID
TM323786
Office MLS ID
AN8507
Listing Data Updated
Aug 21, 2026 10:26 AM 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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