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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.
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Basic Information
- Gross Income $57,600
- Lot Features Cleared, Level
- Mls StatusNew
- Parcel Number M:41 B:016 L:8587,1798612
- Rent Includes Unit 1(Water), Unit 2(Water)
- Road Frontage DescriptionPaved
Tax Information
- Tax Assessed Value $502,300
- Tax Year 2025
- Taxes$6,625
Parking
- Covered Spaces 2
- Garage YN Yes
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street, Paved
- Parking Spaces6
Rooms
- Bathroom2
- Bathrooms Total Decimal 2
- Bedrooms6
- Full Bath2
Basic Information
- List Price$699,900
- MLS Number73523009
- Modification Date05/27/2026
- Property SubType2 Family - 2 Units Up/Down
- Virtual TourView Tour
Location
- Address4 Palisades Street
- Building Number4
- CountyWorcester
- StateMA
- StreetPalisades Street
- TownWorcester
- Zip01604
Building
- BasementFull, Partially Finished
- Building Area Units Square Feet
- Construction Materials Frame
- Door Features Storm Door(s)
- FireplaceYes
- Fireplace Features Wood Burning
- Fireplaces Total 2
- FoundationConcrete Perimeter
- Foundation Area 1260
- Garage Spaces2
- Levels 2
- Rooms10
- Stories2
- Units2
- Utilities For Electric Range, For Electric Dryer, Washer Hookup
- Window Features Insulated Windows
- Year Built1951
- Year Built Details Approximate
- Year Built Source Public Records
Property
- Acreage0.17
Interior
- Flooring Tile, Hardwood
- Interior Features Lead Certification Available, Internet Available - Broadband, Dining Room, Kitchen, Living Room
Exterior
- Exterior Features Rain Gutters
- RoofShingle
Utilities
- Cooling Window Unit(s)
- Cooling YN Yes
- Electric Circuit Breakers, Individually Metered
- Heat SystemYes
- Heating Baseboard, Oil, Hot Water
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 2,525
- Lot Size Square Feet 7,500
- Lot Size Units Acres
- Road Responsibility Public Maintained Road
- Square Feet2,525
Amenities
- Amenities
- Bike Path
- Conservation Area
- Golf
- Highway Access
- House of Worship
- Laundromat
- Medical Facility
- Park
- Private School
- Public School
- Public Transportation
- Sidewalks
- T-Station
- Tennis Court(s)
- University
- Walk/Jog Trails
- Appliances IncludedRange, Refrigerator, Washer, Dryer
- Other AmenitiesBasement, Fireplace, Golf, Tennis, Lakefront
Water Body
- Miles to Beach1
- Waterfront Features Lake/Pond,1/2 to 1 Mile To Beach, Beach Ownership(Public)
Legal
- ZoningRL-7
Other
- Date Listed05/27/2026
- Farm Land Area Units Square Feet
Map Location
Listed by David Stead of RE/MAX Partners
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