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About this home
CASH FLOW & OWNER OCCUPANT OPPORTUNITY! This solid, well maintained three family with several upgrades offers immediate income and long term upside. Two units are currently rented at $2,200 and $2,050 per month, and one unit will be delivered vacant with projected rent of approximately $2,400, bringing potential gross rental income to approximately $6,650/month or $79,800/year when fully occupied.For an owner occupant, move into the vacant unit while collecting $4,250/month from the other two units. The projected rental profile offers strong potential to satisfy FHA three family self sufficiency requirements, subject to the FHA appraisal, lender underwriting, interest rate, taxes, and insurance.Each spacious unit currently offers 3 bedrooms, 1 full bathroom, an eat in kitchen, living and dining areas, plus an additional flexible room with potential for conversion into a 4th bedroom, subject to City approval and code compliance.Situated on a large lot on a very quiet dead end street, the property also features a full walk out basement, laundry hookups, storage, ample off street parking, and a detached two car garage with potential for a future ADU, subject to zoning, permitting, building and fire codes, and all municipal approvals.Convenient access to I-290, the Mass Pike, shopping, and local amenities. A strong and versatile property for investors seeking income or buyers looking to build wealth through owner occupancy.
Vernon Hill, located between Kelley Square and Clark University, is a historic and residential Worcester neighborhood with brick triple-deckers and hilltop views. The neighborhood’s character concentrates around the Kelley Square rotary and Green Street, where corner markets, longtime eateries, and auto shops set a working-city rhythm. Architectural texture runs from late-19th-century multifamilies to sturdy industrial-era blocks edging the Canal District. Crompton Park adds a green pause above the street grid, while nearby arts and campus energy spill in from Clark. New England Botanic Garden at Tower Hill sits just beyond the neighborhood’s orbit for a weekend reset.
Provided by Walk Score and Local Logic
Offer insights
28 Gediminas St · $749,000
$778K and above
75% chance or better to win
Why $778K+ is a strong offer
DAYS ON MARKET
4 days
The average home goes pending in 30 days.
SALE-TO-LIST
99.3%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Storage
Living room
Kitchen
Open concept living/dining
Bathrooms
3 full bathrooms
Kitchen
Range
Flooring
Hardwood floors
Heating & cooling
Steam heat
Natural gas
Exterior features
Balcony/deck
Rain gutters
Wooded, gently sloping lot
Home design
3-family property
3 stories
Parking
2-car garage (covered)
6 open parking spaces
8 total parking spaces
Construction
Frame construction
Stone foundation
Shingle roof
Built (year per public records)
Utilities
Public water
Public sewer
110V electric
HOA & community
Not a senior community
Other
Building area approximately 3,678 total square feet
Lot about 0.22 acres
Electricity and solar
View estimated energy costs and solar savings for this home
Investment opportunity! Fully rented three family located in quiet Worcester neighborhood. Each unit features three spacious bedrooms , living room/dining room, a full bath and a spacious eat in kitchen. Character fills the property with original woodwork and moldings, built in cabinets and gleaming hardwood floors! Detached two car garage, and off street parking for 4. Lead Certificates for each unit in hand. Excellent commuter location minutes from I-290 and the Mass Pike.
MLS PIN #72582508
Dec 16, 2019
Sold
$410,000
$111/sq ft
Nov 9, 2019
Pending
—
Oct 26, 2019
Contingent
—
Oct 20, 2019
Listed
$349,000
$95/sq ft
+22
***Multiple offers received ~ highest & best deadline is Friday, October 25 at Noon*** Here's an opportunity for investors looking for a fresh start and minimal work! All 3 units are spotless and ready for occupancy. Owner-occupants will get first-pick! All 3 floors have letters of full de-leading compliance. NO need to convert the living rooms into 3rd bedrooms here... the units have it all... living rooms, 3 large bedrooms, high ceilings, fresh paint and gorgeous original woodwork. The balconies overlook scenic views and a road far less traveled. The two-car garage features a brand new roof. Building updates starting in 2007 include hot water heaters, Harvey classic insulated windows, roof, electrical and blown-in insulation in all walls and attic. Great commuter location with easy access to Mass Pike, 290 and all Worcester has to offer! Group showings only: Tuesday, October 22 and Thursday, October 24 from 4:30-6:00pm
MLS PIN #70515765
Jul 19, 2007
Sold
$235,000
$64/sq ft
Jun 12, 2007
Listing Removed
—
Jan 24, 2007
Listed
$255,000
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$7,605 (+14.9%)
$85,552 + $444,800
$530,352
2022
$6,620 (+8.5%)
$68,442 + $366,800
$435,242
2021
$6,100 (+8.5%)
$54,801 + $319,900
$374,701
2020
$5,624 (+12.6%)
$54,400 + $276,400
$330,800
2019
$4,995 (+2.2%)
$47,500 + $230,000
$277,500
2018
$4,888 (+6.4%)
$47,500 + $211,000
$258,500
2017
$4,592 (+5.2%)
$47,500 + $191,400
$238,900
2016
$4,363 (+5.5%)
$33,800 + $177,900
$211,700
2014
$4,137 (+4.2%)
$33,800 + $177,900
$211,700
2013
$3,969 (+6.9%)
$38,200 + $175,400
$213,600
2012
$3,714 (+11.3%)
$38,200 + $180,500
$218,700
2011
$3,337 (+2.4%)
$57,400 + $150,400
$207,800
2010
$3,260 (−11.2%)
$60,800 + $154,400
$215,200
2009
$3,671
$81,500 + $190,400
$271,900
Public record
Beds
9
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
9,583 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,678
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,678
Year built
1915
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
1772507
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Worcester, MA • 01607
Average low and high temperatures (°F)
31
18
34
19
50
31
60
40
68
50
79
60
84
66
79
60
73
56
63
46
50
36
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 28 Gediminas St
$754,887
$5,887 over list price of $749K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $580K to $900K.