59 Dover St Worcester MA 01609 MLS #73496378

59 Dover St
Worcester, MA, 01609
$3,300,000
36 Beds
12 Baths
12,428 SqFt
0.32 Acres
$3,300,000
59 Dover St
Worcester, MA, 01609
MLS #73496378 image #0
3-building, 9-unit multifamily bundle in Worcester’s WPI District. 59 Dover St (3BR/3BR/3BR + garage, 3,004 SF), 172 Russell St (5BR/5BR/5BR, 4,712 SF), 176 Russell St (4BR/4BR/4BR, 3,972 SF). Combined 11,688 SF, built 1905-1915. Stabilized gross income $333,000/yr with $12,600 in scheduled increases. All units leased at market rent with near-zero vacancy driven by WPI student demand — 5,800+ students, only first-years guaranteed housing. 172 & 176 Russell are adjacent, offering management efficiencies. 172 Russell is the highest-income property at $136,800/yr. Most units extensively renovated with updated kitchens and modern finishes. Part of a larger 10-building, 30-unit WPI District Portfolio — remaining buildings also available individually or in additional bundles. Worcester County multifamily volume hit $710M in 2025 (3x 2024). Sellers are open to offers for the entire portfolio or individual groupings/buildings, creating a flexible acquisition opportunity. See MLS# 7348855

Property Details

Price:
$3,300,000
MLS #:
73496378
Status:
Active
Beds:
36
Baths:
12
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
wpi
Listed Date:
Apr 6, 2026
Finished Sq Ft:
12,428
Total Sq Ft:
12,428
Lot Size:
13,924 sqft / 0.32 acres (approx)
Year Built:
1905
Units:
9
WpiWpi

Schools

Interior

Above Grade Finished Area
12428
Bathrooms
12 Full Bathrooms
Levels
5

Exterior

Covered Spaces
1
Garage Spaces
1
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
5
Parking Total
5
Stories
5

Financial

Net Operating Income
$216,450
Tax Year
2025
Taxes
$26,363
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Multi Family in Worcester as of May 04, 2026
128
Multi Family Listed
98
Avg DOM
229
Avg $ / SqFt
$1,048,697
Avg List Price

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Property Summary

    59 Dover St Worcester MA is a Multi Family for sale in Worcester, MA, 01609. It is listed for $3,300,000 To schedule a showing of MLS#73496378 at 59 Dover St in Worcester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
59 Dover St
Worcester, MA