Triplex with Full
3 Ives Street, Worcester, MA 01603
For Sale
New
$299,900
The three-unit property is condemned and requires comprehensive rehabilitation.
Property Size3,756 SF
Price / SF$79.85
Days on Market5
Property Features for 3 Ives Street
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Building Details
Year Built
Buildings
Listing Agency:
RE/MAX Bell Park Realty
Listed By:
Jared Meehan · License #9525853
(508) 561-0249
Source:
Cambridgerealty
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 9:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Bell Park Realty
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Investment Insights
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Built in 1915, this Worcester triplex contains 3,756 square feet across three two-bedroom units. The building is condemned and needs extensive renovation; none of the units has a formal heating system. Other features include a full basement, off-street parking, and separate electric meters, with no owner’s panel. The property is listed on the historic registry, and its zoning is RG-5.
The sale is as-is, and inspections are limited to dry inspections. The condition may restrict conventional financing; cash or renovation financing is recommended.
The sale is as-is, and inspections are limited to dry inspections. The condition may restrict conventional financing; cash or renovation financing is recommended.
Key Highlights
- Three two‑bedroom units totaling 3,756 square feet
- Condemned property requiring extensive renovation; no formal heating system in any unit
- Built in 1915 and listed on the historic registry
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,015
Businesses Nearby
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Business Placement
Demographics for 01603, MA
22,417
Population
8,504
Households
2.6
Avg Household Size
36
Median Age
24%
College-Educated
83%
High-School Grad
4.5 sq mi
ZIP Area
4,982
Density / Sq Mi
$63,646
Median Household Income
$40,403
Median Earnings
$1,339
Median Rent
$287,800
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Worcester, MA
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Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The three-unit property is condemned and requires comprehensive rehabilitation.
Where is this triplex located?
The property is located at 3 Ives Street Worcester, MA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three two‑bedroom units totaling 3,756 square feet; Condemned property requiring extensive renovation; no formal heating system in any unit; Built in 1915 and listed on the historic registry
