78 Downing St, Worcester, MA 01610
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
78 Downing St,Worcester, MA 01610
$1,300,000
- 15 Beds
- 6 Baths
- 5,861 sq. ft.
- Multi-family
- Active
Listed by: brian allen
Office: property investors & advisors, llc
MLS#:73469808
Source:MLSPIN
Price summary
- Price:$1,300,000
- Price per sq. ft.:$221.81
About this home
Superb opportunity to acquire a stabilized 6-family directly across from Clark University, generating $11,550/month in rental income and a strong $106,100 NOI. Additional revenue comes from coin-op laundry and a heated basement storage/workshop. The property offers a desirable mix of three 2 bed/1 bath units and three 3 bed/1 bath units, plus a fully leased 4-car garage. All apartments are renovated with modern layouts that attract quality tenants. The building is sprinklered, fully insulated, separately metered with tenant-paid electric, and five units are deleaded. In a prime walk-to-campus location with consistent rental demand, this asset is ideal for portfolio buyers or 1031 investors seeking stable income, long-term appreciation, and minimal deferred maintenance. All apartments are leased through Summer 2027. Both garages rented for $700/month, and a basement storage unit can add $200/month when leased.
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Home facts
- Year built:1920
- Listing ID #:73469808
- Updated:March 03, 2026 at 01:25 PM
Rooms and interior
- Bedrooms:15
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:28
- Living area:5,861 sq. ft.
Structure and exterior
- Year built:1920
- Building area:5,861 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Level
- Foundation Description:Irregular
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$221.81
- Tax amount:$15,126 (2025)
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