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576 Franklin St, Worcester, MA, 01604

9beds
3baths
3,402sqft
$949,900
$279price/sqft
$6,933/moest. monthly cost
$277,320/yrincome needed

About This Home

Gorgeous city views highlight this fully renovated 3-family, rebuilt from the studs in 2018! Each of the 3 spacious apartments offers 6 rooms, 3 bedrooms, 1 full bath, high ceilings, hardwood floors, generous living/dining rooms, ample closet space, and eat-in kitchens w/white cabinetry, granite countertops, updated stainless-steel appliances (age range 2-8 yrs). Additional features include tiled baths, Nest thermostats, and full-size in-unit stackable washer/dryers. Major 2018 updates included windows, electrical, super-efficient heating systems, and hot water tanks. Recent shingled roof (2023) and paved driveway with 9 off-street parking spaces. Extra-large lot may offer potential for a single-family home or ADU for additional income (buyer to perform due diligence). Basement storage, shed, backyard for cookouts, & front-yard views of the city's 4th of July fireworks complete this amazing property for an owner occupied or savvy investor in a high-demand rental area!

Getting Around

52
WalkingSomewhat Walkable
38
TransitSome Transit
22
BikeSomewhat Bikeable

Schools

4/10
Grafton Street SchoolGrades K-60.8 mi
4/10
1/10
North High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Concrete Perimeter,Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family - 3 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Laundry Room,Living RM/Dining RM Combo,Mudroom,Kitchen
  • Door features: Insulated Doors
  • Window features: Insulated Windows,Screens
  • Flooring: Tile,Varies,Laminate,Hardwood
  • Finished area above ground: 3,402

Heating

  • Heating features: Hot Water,Natural Gas,Baseboard

Interior Area

  • Total structure area: 3,402
  • Total interior livable area: 3,402 sqft

Property

Details

  • Parcel number: M:19 B:010 L:00003,1781476
  • Zoning: BL-1

Features

  • Patio & porch: Porch,Deck
  • Has view: Yes
  • View description: City View(s),City

Lot

  • Lot size: 0.25 Acres

Parking

  • Total spaces: 9
  • Parking features: Paved Drive,Off Street,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 9

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hurricane
Ice Storm

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,803$57,636
Home Insurance *$429$5,148
Property Taxes $1,031$12,372
Electricity $670$8,050
Total$6,933$83,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$237,702/yr
40% on housing$207,990/yr
45% on housing$184,880/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$279This listing

vs Other Active Listings

Avg $/sqft

ZIP 01604$225
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01604$289
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-12Listed for sale$949,900
2019-07-16Listing removed$1,600
2019-07-13Listed for rent$1,600
2019-07-11Sold$440,000
2019-05-21Pending sale$435,000
2019-05-16Listed for sale$435,000
2018-11-27Sold$240,000
2018-10-19Pending sale$250,000
2018-10-12Listed for sale$250,000
2018-03-15Sold$90,000

For Sale by Agent

AgentClaire Rainville
BrokerageREMAX Executive Realty

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