Active
7 Days on market
16 Reservoir St Worcester — Photo 1 of 4

16 Reservoir St Worcester — Photo 1 of 4

$699,865

16 Reservoir St, Worcester, MA 01605

Worcester, MA 01605 — Belmont Hill

Beds

9

Baths

3

SqFt

4,125

Style

3 Family

Built

1890

Long-time property owner has decided to retire. Good time to purchase, Presenting a distinguished multi-family residence in the Belmont St Hill area. This expansive 4125 sq ft property stands as an inviting and income ready, offering a unique blend of historic charm and contemporary living. Can enjoy living in the city with all the city perks. Close distance to hospital services, bus routes, schools and commuter access. The property encompasses nine well-proportioned bedrooms, providing ample private accommodations across its three stories. Complementing these are one full bathroom per unit, designed to facilitate convenience and comfort for all residents. Beyond the interior, the property features a private yard, offering an exclusive outdoor space for relaxation or recreation. Property has recently had some updates. Permits was applied and currently being closed out by the licensed contractor. This exceptional property represents a significant opportunity for those seeking a substantial and versatile living arrangement. Like more income? Property may be eligible to add another unit with the ADU process to have 4th unit. Like more information. Feel free to message.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$170/sqft
Local Avg (Worcester)$231/sqft
26% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Worcester, MA.

Property Details

Financials

Original Price$699,865
Annual Taxes$7,616

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms18
FireplacesNone
FlooringCarpet
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar
ZoningRG-5

Property & Lot

Acres0.1
SqFt Lot4,339
Lot FeaturesSloped

Neighborhood

Public Transportation • Medical Facility • Highway Access • House of Worship • Public School • T-Station

Geography

Population

30,579

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$55K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

69.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Ray Lopolito

Listing Office: Starterline

MLS® Number: 73571126

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