5 Palm St, Worcester, MA 01604
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Property image
OFF MARKET

5 Palm St
Worcester, MA 01604

  • 8 Beds
  • 7.5 Baths
  • 5,600 sqft (on 0.26 acres)

$1,137,000

Trulia Estimate
as of Jul 31, 2026
Est. Refi. Payment $7,052/mo*
Refinance Your Home

$1,137,000

Trulia Estimate
as of Jul 31, 2026
Est. Refi. Payment $7,052/mo*
Refinance Your Home
8 Beds
7.5 Baths
5,600 sqft
(on 0.26 acres)

Local Information

  • Map ViewExplore the area around 5 Palm St.
  • Schools2 Preschool Schools3 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1925
Lot Size
0.26 acres
Living Area
5,600 sqft
Price/Sqft
$203
Parking
2 Open Spaces

About this House

Incredible investment opportunity! Rare, well maintained 7 unit property with just under an 8% cap rate and a monthly rent roll of $9,900 with room for growth. (4) 1-bedroom units, (2) 2-bedroom units, (1) 2 story 2-bedroom cottage 9230 square feet on .26 acre lot. All units are separately metered and tenants pay their own utilities. The location is hard to beat being minutes to all major highways, the train station, airport, restaurants, shopping, hospitals, colleges/universities and Polar Park making it an ideal location for all tenants and for APPRECIATION! Group showing Sunday June 4th 11am-2pm. Investors, you won’t want to miss this!** View Offer Memorandum in attached documents for further details.
5 Palm St, Worcester, MA 01604 is a 8 bedroom, 8 bathroom, 5,600 sqft multi-family built in 1925. It last sold for $1,070,000 on Aug 4, 2023 (11% below the $1,200,000 asking price). It is currently off market. The Trulia Estimate is $1,137,000, with a rent estimate of $2,814/month.

Home Details for 5 Palm St

Interior Features

Interior Details
Basement: FullNumber of Rooms: 21
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 8Number of Bathrooms (full): 7Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 5600 Square Feet
Appliances & Utilities
Utilities: for Gas Range, Washer Hookup, Varies per UnitLaundry: Washer Hookup
Fireplace & Spa
No FireplaceNo Spa
Gas & Electric
Electric: Varies per Unit
Windows, Doors, Floors & Walls
Flooring: Wood, Vinyl
Levels, Entrance, & Accessibility
Number of Stories: 3Floors: Wood, Vinyl

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: EnclosedOther Structures: Shed(s)Foundation: Stone
Parking & Garage
Open Parking Spaces: 2No GarageHas Open ParkingParking Spaces: 2Parking: Off Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 5-9 Family
Building
Construction Materials: FrameDoes Not Include Home Warranty
Property Information
Parcel Number: M:18 B:003 L:00196, 1780074

Price & Status

Price
List Price: $1,200,000
Status Change & Dates
Off Market Date: Tue Jun 06 2023

Active Status

MLS Status: Sold

Location

Direction & Address
City: Worcester

Building

Building Area
Building Area: 5600 Square Feet

Community

Community Features: Public Transportation, Shopping, Golf, Medical Facility, Highway Access, Private School, Public School, UniversityNot Senior Community

Lot Information

Lot Area: 0.26 acres

Miscellaneous

BasementMls Number: 73115091

Additional Information

Public TransportationShoppingGolfMedical FacilityHighway AccessPrivate SchoolPublic SchoolUniversity
Last check for updates: about 17 hours ago
Listed by Benjamin Carbone, (860) 382-6184
Byrnes Real Estate Group LLC, (833) 429-7637
Brooke Coughlin, (508) 612-0821
Bought with: George Bahnan, (508) 635-7758, Top View Realty, (508) 635-7758
Source: MLS PIN, MLS#73115091

Price History for 5 Palm St

DatePriceEventSource
08/04/2023$1,070,000Sold
MLS PIN #73115091
05/29/2023$1,200,000Listed For SaleMLS PIN #73115091
03/24/2021ListingRemovedN/A
06/13/2017$449,900ListingRemovedN/A
03/13/2017$449,900Listed For SaleN/A

Market trends in Worcester

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$411K
$167MoM
Sale-to-List Price
100.0%
Price per sq ft
$282
$4MoM
Available listings
325
16MoM
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Comparable Sales for 5 Palm St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
47 Houghton St, Worcester, MA
0.02
Multi-Family Home
$755,000
05/11/26
9
3
4,545
35 Houghton St, Worcester, MA
0.03
Multi-Family Home
$720,000
04/24/26
6
5
3,440
419 Grafton St, Worcester, MA
0.12
Multi-Family Home
$715,000
10/30/25
9
3
3,816
509 Grafton St, Worcester, MA
0.34
Multi-Family Home
$870,000
10/07/25
10
4
5,599
86 Houghton St, Worcester, MA
0.16
Multi-Family Home
$900,000
07/24/26
9
4
3,618
169 Fairmont Ave, Worcester, MA
0.29
Multi-Family Home
$900,000
12/18/25
9
4.5
4,452
40 Aetna St, Worcester, MA
0.18
Multi-Family Home
$1,002,500
06/04/26
15
5
5,873
31 Chrome St, Worcester, MA
0.26
Multi-Family Home
$1,030,000
10/01/25
10
4
4,825
68 Dartmouth St, Worcester, MA
0.45
Multi-Family Home
$925,000
03/13/26
10
6
4,664
247 Pilgrim Ave, Worcester, MA
0.44
Multi-Family Home
$925,000
02/26/26
9
6
4,239

Nearby homes

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Assigned Schools

These are the assigned schools for 5 Palm St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Worcester

At least 1806 Trulia users voted on each feature.

  • 78 % Say there are sidewalks

  • 77 % Say car is needed

  • 74 % Say it's dog friendly

  • 67 % Say parking is easy

  • 66 % Say there's holiday spirit

  • 65 % Say yards are well-kept

  • 62 % Say streets are well-lit

  • 60 % Say it's walkable to restaurants

  • 59 % Say it's walkable to grocery stores

  • 57 % Say kids play outside

  • 50 % Say they plan to stay for at least 5 years

  • 48 % Say people would walk alone at night

  • 47 % Say it's quiet

  • 46 % Say neighbors are friendly

  • 41 % Say there's wildlife

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Yanetcarina0831
    "Neighborhood is very warm "
    0
    Flag
  • Lissa Stgermain
    "My neighborhood is very quiet no one causes problems at all we have never ever had a package stolen it is a good area to live in"
    0
    Flag
  • Jennetnn1
    "There is a nice trail to walk with dog. It leads into the greenhill park. Other dog owners don’t walk dog on leash. This can be a problem. "
    1
    Flag
  • Alexis Rodriguez
    "been here in this neighborhood since i was in dippers. wasn’t the best place to live at but things have changed "
    0
    Flag
  • Katherine Tarr
    "In our neighborhood there are not a lot of kids. We did raise our kids here, but they went to private school 30 minutes away. Our neighborhood is like a park setting on the lake and it’s beautiful."
    0
    Flag
  • Maricelmh1980
    "Good very safe to be walking around with the dog also he’s a lot of place to be working around the park"
    1
    Flag
  • Kerrycote1231
    "Nice area to live in, lot of parks and great little league teams. School buses in neighborhoods..neighbors look out for each other"
    0
    Flag
  • 4s.raps1
    "The neighborhood is very suburban. Therefor a car is needed. There is a lake across the street which limits the number of directions to cummute "
    0
    Flag
  • Kalina Miller
    "I don't know if any community events in worcester right now as I usually go elsewhere near Boston for such events. "
    0
    Flag
  • Stephanie Ferraro
    "Good neighborhood, nice place to walk, close to the parks, good schools, safe, friendly neighbors, close to lake"
    1
    Flag
  • Genti C
    "It is easy to commute and traffic is not bad. The new paving of Stafford st will change a lot for better I hope with bike lane and street parking spots. "
    0
    Flag
  • Shaniqwafryar94
    "They’re are very nice and big parks and depending on the area you live can be nice to walk around but you also have to be careful of the homeless people walking around everywhere that watch you "
    1
    Flag
  • Walasnog
    "The area of Burncoat neighborhood it’s great nice and quiet to live I have been living here for 5 years and me and my family love it "
    0
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  • Trulia User
    "Good walking area. Park close by, I don’t have a dog so I really don’t know to be completely honest. "
    0
    Flag
  • Aj Cortathatos
    "Don’t pick up poop and there loud some are off leash a lot of owners don’t pay attention some of them let them do what ever they want "
    0
    Flag
  • Jessiesdowd
    "I live off of Shrewsbury street, there are several events throughout the year accessible to all neighborhoods "
    0
    Flag
  • Wenta0026
    "My neighbor hood has easy access to highway and public transportation. You can walk to bus stop. Drive to highway is only about 2 - 3 min depending on traffic. "
    0
    Flag
  • Sabrina Sadaf Waqar
    "I drive, and do not use public transportation. I wish that public transportation was more accessible between major cities such as Boston-Worcester . "
    0
    Flag
  • Aj Cortathatos
    "There’s nun that makes it unique it’s just a part of worcester that I like and that I would stay around "
    0
    Flag
  • Aj Cortathatos
    "I like it it’s not a bad neighborhood. I lived here three years and it’s still the same. A lot of things have changed around here, but not the people."
    0
    Flag
  • Andreajc2008
    "It’s quiet just the way it should They are not too many kids or parties all over the place. Neighbors are beyond friendly and so helpful with everything "
    5
    Flag
  • Diorselenex
    "Its mostly city so make sure you bring bags to clean up poop because someone will say something and watch out for other dogs because some owners arent very responsible "
    3
    Flag
  • Trulia User
    "None I have not lived in this area long enough plus in the time that I have lived in this area there’s hasn’t been many events "
    1
    Flag
  • Trulia User
    "good place nice area parks and restaurants to go to i live here and have lived here for years i feel safe"
    1
    Flag
  • Trulia User
    "it’s good place to live and be around, i live here and work near here this place is safe and good for everyone "
    0
    Flag
  • Trulia User
    "a nice trail is in the neighborhood. I don't own dogs but I like walking there. there's also a little league park that would be good to take dogs. one downside is that there is not a sidewalk on the side of the street where I live"
    1
    Flag
  • Trulia User
    "I am not a parent. My particular street does not have a lot of children. There are popular parks in the neighborhood which are family friendly."
    8
    Flag
  • Trulia User
    "My neighborhood around Union Hill has great access to parking and public transportation as well. A good selection of places to eat."
    2
    Flag
  • Trulia User
    "The neighborhood has many families and local parks to visit but some are better maintained than others. "
    0
    Flag
  • Trulia User
    "People are so nice when they see u walking with u dog they said cute stuff about u dog great people i this neighborhood "
    0
    Flag
  • Trulia User
    "Close to down town yet quiet overall. Reasonable cost of housing. Proximity to Worcester Art Museum and various public parks. "
    2
    Flag
  • Trulia User
    "Good neighborhood. I love to leave here. I have been here close to 5years. friendly community and everyone is welcome "
    0
    Flag
  • Trulia User
    "Plenty of parks for walks are available in the area. Neighborhood is dog friendly and most god owners are responsible to pick up after their dogs. "
    0
    Flag
  • Trulia User
    "I live in the area for 2 years now and it’s great I love I love the dog park and my neighbors I recommended the farmers market it’s great the parks are clean"
    0
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  • Trulia User
    "neighborhood watch. schools, park close by and pool. the neighborhood is clean, walking to bus stop is close"
    0
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  • Allyncamp
    "So far the area has been nothing but good and quiet. Every neighborhood has it's good and bad but this side has been pretty good. I had to call the cops on myself cause I didn't want to turn my own music down."
    0
    Flag
  • Trulia User
    "it's a great neighborhood right near the elementary school, which is fantastic!! The roads are mostly quiet and lots of people are always out walking, running, waking their dogs, ect. it's a great place to live!"
    0
    Flag
  • Semtex
    "There was a stabbing here recently and also lots of heroin needles on the ground. Seems like a nice area but definitely is not super safe for kids or anyone honestly. "
    76
    Flag
  • Suzan K.
    "Lots of broken glass and Herron needles on the sidewalks. I think the area needs a little bit of TLC. The is a farmers market in the neighborhood. There is also lots of restaurants nearby."
    42
    Flag
  • Tatiane S.
    "i loved worcester my for a big city i fell save very friendly and amazing peaple good food great bars"
    21
    Flag

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Homes for sale near 5 Palm St

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Off Market Homes Near 5 Palm St

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.