15 Russell St

4,931 Sq. Ft.
$162 / Sq. Ft.
4,931
Sq. Ft.
$162
per Sq. Ft.

Description

Fantastic opportunity to purchase the best investment on the street! This well maintained historic 4-family boasts high ceilings, hardwood floors, large kitchens and bathrooms as well as updated electrical, plumbing and heating systems. A picturesque turnkey property that is low maintenance and generates $5,800 per month in rental income. All 4 units have efficient gas heating systems, dedicated hot water heaters, in unit circuit breaker panels as well as hard wired smoke and carbon monoxide detectors....Fantastic opportunity to purchase the best investment on the street! This well maintained historic 4-family boasts high ceilings, hardwood floors, large kitchens and bathrooms as well as updated electrical, plumbing and heating systems. A picturesque turnkey property that is low maintenance and generates $5,800 per month in rental income. All 4 units have efficient gas heating systems, dedicated hot water heaters, in unit circuit breaker panels as well as hard wired smoke and carbon monoxide detectors. In addition, the property and units are in lead compliance with certificates on file. Tenants have access to onsite laundry, off street parking and a quaint landscaped yard. This fully occupied rental is located ½ mile from Polar Park, Worcester Market Place, Elm Park, grocery shopping and restaurants. Take a rare opportunity to be the owner of one of the nicest 4 families in Worcester. Don’t wait this one will be gone fast.
  1. Listed by Kimberly Rickman • OWN IT, A 100% Commission Brokerage

Property Details for 15 Russell Street

Town
Worcester
Area
MA-Worcester
Garage Spaces
0
Open Parking Spaces
6.00
Parking Spaces Total
6
LISTING CLOSED: 07/15/2022 12:00 AM

Property Details for 15 Russell Street

StatusSold
MLS #72978907
Days on Market6
Taxes$9,385 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family - 4 Units Up/Down
Year Built1890
CountyWorcester County

Location

Listing Courtesy of OWN IT, A 100% Commission Brokerage, Kimberly Rickman

Sold By OWN IT, A 100% Commission Brokerage, Kimberly Rickman

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Building Information for 15 Russell Street

Stories8Residences4Year Built1890Building Size-Lot Size0.18 AC / 7,818 SF

Payment Calculator

$4,768 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,986

Property Taxes

$782

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 15 Russell Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 4931.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Unit 4(Range, Electric Water Heater
  • Basement Features: Full, Walk Out, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors), Unit 3(Tile Floor, Unit 4(Tile Floor
  • Interior Features: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available, Storage, High Speed Internet Hookup), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Dining Room, Unit 4 Rooms(Living Room
  • Laundry Features: Unit 3 Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Exterior Features: Porch, Deck - Wood
  • Lot Description: Level
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Unit 4(Central Air)
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Unit 1(Gas), Unit 4(Forced Air)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: 3rd floor has central air but unit has not been turned on in a few years. List Agent has ownership interest
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:06 B:008 L:00021,1767046
  • Assessments: $617,000
  • Book: 56139
  • Tax Year: 2022
  • Zoning: RG-5
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Units: 1
  • Cooling Zones: 1
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Electricity: $1,400.00
  • GOI: $68,808.00
  • Gross Scheduled Income: $.00
  • Insurance: $3,200.00
  • GRE: $6,700
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • NOI: $62,108.00
  • Operating Expense: $6,700.00
  • WSE: $2,100.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,734.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 15 Russell Street

DateEvent & SourcePriceAppreciation
Jun 30, 2026

Expired

MLS PIN #73512572

$859,999
Jun 22, 2026

Temporarily Withdrawn

MLS PIN #73512572

$859,999
May 26, 2026

Price Change

MLS PIN #73512572

$869,999
DateEvent & SourcePrice
06/30/2026

Expired

MLS PIN #73512572

$859,999
06/22/2026

Temporarily Withdrawn

MLS PIN #73512572

$859,999
05/26/2026

Price Change

MLS PIN #73512572

$869,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 15 Russell Street

Taxable ValueLand$58,900Additions$651,600Total$710,500
Tax Record2025$9,371 ($781 / month)
Home Facts
Baths4Total Finished SqFt4,931 SqFtAbove Grade Finished SqFt4,931 SqFtUnfinished Basement SqFt1,794 SqFtStories3Lot Size7,818 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningRG-5CountyWORCESTERAPNWORC M:06 B:008 L:00021Fireplace TypeHas Fireplace

Schools near 15 Russell Street

This home is within Worcester School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - 7 to 8
Rating
School
Distance
Elm Park Community School
PublicPK to 6

Jacob Hiatt Magnet School
PublicPK to 6

Worcester Dual Language Magnet School
PublicPK to 6

Forest Grove Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of OWN IT, A 100% Commission Brokerage, Kimberly Rickman

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.