78 Downing St, Worcester, MA 01610

Worcester
Local realty services provided by:ERA Key Realty Services
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 11, 2026 at 10:53 AM

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)

Parking

  • Total parking spaces:10
  • Parking description:Shared Driveway
  • Garage:Yes
  • Garage spaces:4
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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