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
$1,550,000
- 15 Beds
- 6 Baths
- 5,861 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Jan 2411:00 am - 01:00 pm
- Sun, Jan 2512:00 pm - 01:30 pm
Listed by: brian allen
Office: property investors & advisors, llc
MLS#:73469808
Source:MLSPIN
Price summary
- Price:$1,550,000
- Price per sq. ft.:$264.46
About this home
Superb opportunity to acquire a stabilized 6-family directly across from Clark University, generating $11,350/month in rental income and a strong $103,700 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 and garages are leased: front units through Summer 2027 and rear units through Summer 2026. Both garages rent for $700, and a basement storage unit can add $200/month when leased.
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Home facts
- Year built:1920
- Listing ID #:73469808
- Updated:January 23, 2026 at 11:37 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:6
- Full bathrooms:6
- Living area:5,861 sq. ft.
Structure and exterior
- Year built:1920
- Building area:5,861 sq. ft.
- Lot area:0.22 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$264.46
- Tax amount:$15,126 (2025)
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