78 Downing StreetWorcester, MA 01610MLS Number 73469808

  • Price: $1,300,000
  • Est. Mortgage of $/month
  • 162 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
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Under Agreement
78 Downing Street Worcester MA 0161078 Downing Street Worcester MA 0161078 Downing Street Worcester MA 0161078 Downing Street Worcester MA 0161078 Downing Street Worcester MA 0161078 Downing Street Worcester MA 0161078 Downing Street Worcester MA 0161078 Downing Street Worcester MA 0161078 Downing Street Worcester MA 0161078 Downing Street Worcester MA 0161078 Downing Street Worcester MA 01610
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  • 15Bedrooms
  • 0.22Acreage
  • 6Bathrooms
  • 1920Year Built

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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.
Listed by Brian Allen of Property Investors & Advisors,LLC

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More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $136,200
  • Lot Features Level
  • Mls StatusUnder Agreement
  • Parcel Number M:08 B:001 L:00020,1769653

Location

  • Address78 Downing Street
  • Building Number78
  • CountyWorcester
  • StateMA
  • StreetDowning Street
  • TownWorcester
  • Zip01610

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningRG-5

Tax Information

  • Tax Assessed Value $1,146,800
  • Tax Year 2025
  • Taxes$15,126

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms15
  • Full Bath6

Building

  • Building Area Units Square Feet
  • FoundationIrregular
  • Garage Spaces4
  • Levels 5
  • Rooms28
  • Stories5
  • Units6
  • Year Built1920
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Other

  • Date Listed01/19/2026
  • Farm Land Area Units Square Feet
  • View Count3

Parking

  • Covered Spaces 4
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Shared Driveway
  • Parking Spaces10

Basic Information

  • List Price$1,300,000
  • MLS Number73469808
  • Modification Date06/23/2026
  • Property SubType5-9 Family
  • Purchase Contract Date04/13/2026

Property

  • Acreage0.22

Property Information

  • Building Area Source Public Records
  • Living Area 5,861
  • Lot Size Square Feet 9,518
  • Lot Size Units Acres
  • Square Feet5,861

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Real Brokerage

617-293-8070
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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