3 Family - 3 Units Up/Down at 3 Ives St, Worcester
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42 photos

$299,900

3 Ives St
Worcester, MA 01603
Listed by Jared Meehan · RE/MAX Bell Park Realty
Bedrooms
6
Bathrooms
3
Living area
3,756 sqft
Year built
1915

About this home

Investor and contractor opportunity in Worcester!! This three-family home offers over 3,700 sq ft of living space across three 2-bedroom units and needs a complete renovation from top to bottom. The property has been condemned by the city and lacks a formal heating system in all units. It is a full overhaul, but the bones look solid and the layout is a strong foundation for a value-add project. Features include off-street parking, a full basement, and separate electric meters (no owner’s panel). The property is listed on the historic registry; any applicable guidelines or restrictions with the city should be verified. This could be a productive winter project for an experienced investor or contractor looking to add a multi-family to their portfolio. Sold as-is. Dry inspections only. Due to the property’s condition, it will not qualify for most conventional financing; cash or renovation/rehab financing is recommended.

Property details

MLS
MLS Property Information Network
MLS #
73598697
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
1
On market date
November 4, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
6
Lot size
0.13 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Goddard School/Science Technical
0.27 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
378
Student:teacher ratio
12.2:1
District
Worcester
Middle
Sullivan Middle
1.68 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
870
Student:teacher ratio
11.0:1
District
Worcester
High
University Pk Campus School
0.21 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
233
Student:teacher ratio
11.1:1
District
Worcester

Walkability

Blended score for Worcester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

90
Highly walkable
out of 100
EPA National Walkability Index
16.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores17
Parks13
Schools16
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Worcester, from live MLS data.

On the market 1 days -- 96 fewer days than Worcester's current average of 97 days.
For reference, the median list price across 1,438 active listings in Worcester right now is $349,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$1,956/mo
$59,980 down
$239,920 loan
Principal & interest$1,556
Property tax (est.)$250
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 9 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.