Five-unit investment property in Worcester with four units occupied and one freshly renovated, move-in ready vacant unit with projected market rent. The building has been extensively updated with improvements to the windows, insulation, plumbing, electrical, kitchens, and baths. The roof has also been replaced recently, and the parking area has been freshly paved. Each unit has separate utilities and dedicated hot water heaters. Exterior features include a wood deck, garden space, stone wall, and a paved driveway with parking for 12 cars. The full basement includes laundry hookups and a rear walk-out, plus there is approximately 750 sq ft of additional space that could potentially be turned into a sixth unit (buyers to do their own due diligence). Convenient location near public transit, shopping, schools, universities, and major highways. Check the Facts & Features drop-down for the virtual tour.
Facts & Features
Property Overview
Property Type
5-9 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
10
Full Bathrooms
5
Living Area
3,640 sq ft
Total Rooms
15
Stories
5
Levels
5
Interior Features
Flooring
Wood, Vinyl, Carpet, Laminate
Cooling
None
Has Cooling
No
Has Fireplace
No
Interior Features
Living Room, Kitchen
Basement Details
Full, Interior Entry, Dirt Floor, Unfinished
Exterior & Structure
Roof
Shingle
Foundation
Stone, Brick/Mortar, Granite
Exterior Features
Garden, Stone Wall
Patio/Porch Features
Deck - Wood
Has Spa
No
View
City
Has View
Yes
Waterfront Property
No
Lot & Land
Lot Size
0.18 acres
Lot Size
7,840 sq ft
Lot Size Area
0.1800
Lot Features
Corner Lot
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
12
Parking Features
Paved Drive, Off Street, Assigned, Driveway, Paved
Utilities & Systems
Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,434
Tax Year
2025
Tax Assessed Value
$544,500
Zoning
BL-1
Financial Data Source
Estimated, Owner
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Unit 5 is currently vacant. The rent shown is a projected figure based on rental comparisons in the area. Showings will be limited to open houses only, so please be sure to attend if interested. Buyer to verify all information.
Location
Loading map...
Neighborhood
1 Ludlow St, Worcester MA 01603
Worcester, MA 01603
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$619
Homeowners Insurance$200
PMI$0
Property History
Property Timeline
🏠
Listed for Sale
Sep 17, 2025
$1,200,000
Original listing
Agent: Eclipse GroupOffice: Cameron Real Estate Group
