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4 Palisades St, Worcester MA 01604

$699,900

Estimated $1,687/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,950

Total Rent: 58800/year

Estimated CAP Rate:

6 Bedrooms

Baths

2525

Total Parking: 8 (2 Garage)

7,500 (0.17)

Set on a quiet street in one of Worcester’s most convenient and desirable locations, this well-maintained two-family offers space, character, and long-term upside just moments from Lake Park and UMass Chan Medical School. Each unit features 3 bedrooms, hardwood floors, fireplaces, and generous living space with classic detail and strong natural light. The property has been carefully maintained over the years and offers excellent bones, while still presenting an opportunity for cosmetic updates and future value enhancement. The second-floor apartment is currently leased at $2,400/month through July 2027, providing stable income for an owner-occupant or investor alike. Additional highlights include a 2-car garage, a spacious yard, and a semi-finished lower level with finished walls and flooring offering excellent bonus space potential. Exceptional commuter location with quick access to shopping, restaurants, hospitals, colleges, and major routes.

This home has been viewed 4 times

Last Checked: May 27th, 2026 at 5:43pm (Source: MLS PIN #73523009)

Gross Income: $58,800

Gross Expenses: $6,625

Net Income Calc: $52,175

Water Views

Annual Expenses for 4 Palisades St, Worcester MA 01604

Total Gross Expenses (Calculated)$6,625/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6625

Annual Income & Unit Breakdown for 4 Palisades St, Worcester MA 01604

Total Gross Income (Calculated)$58,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 4 Palisades St, Worcester MA 01604

Listing ID73523009

Property TypeMulti Family / 2 Family

Price699900 ($277.19/SqFt)

Style2 Family - 2 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2525

Approximate Lot Size (Acres)0.17

Total Parking8 (2 Garage)

Garage Parking2

Year Built1951

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area1260

Foundation Description

Accessible Features

Outdoor Space

ZoningRL-7

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 4 Palisades St, Worcester MA 01604

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Exclusions

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 4 Palisades St, Worcester MA 01604

Real Estate Taxes6625

Tax Year2025

Assessed Value$502,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 4 Palisades St, Worcester MA 01604

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 4 Palisades St, Worcester MA 01604

Agent

Name: David Stead

Office

Name: RE/MAX Partners

Phone: 508-635-1600

Payment Calculator

, Interest

Property Taxes 552.08

Principal & Interest 4312.56

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Partners

David Stead

Agent Phone

Office Phone

(508) 635-1600

Text Agent Call Agent Call Office

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EXIT

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