$1,300,000
78 Downing St
Worcester, MA, 01610
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.
Property Details
Price:
$1,300,000
MLS #:
73469808
Status:
Pending
Beds:
15
Baths:
6
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Jan 19, 2026
Finished Sq Ft:
5,861
Total Sq Ft:
5,861
Lot Size:
9,518 sqft / 0.22 acres (approx)
Year Built:
1920
Units:
6
Schools
Interior
Above Grade Finished Area
5861
Bathrooms
6 Full Bathrooms
Levels
5
Exterior
Covered Spaces
4
Garage Spaces
4
Lot Features
Level
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Shared Driveway
Parking Spots
10
Parking Total
10
Stories
5
Financial
Tax Year
2025
Taxes
$15,126
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
Community
- Address78 Downing St Worcester MA
- CityWorcester
- CountyWorcester
- Zip Code01610
Subdivisions in Worcester
- Burncoat
- Community features: Public Transportation, Shopping, Pool, Medical Facility, Highway Access, House o
- Grafton/Hamilton Street Lake Park
- Hamilton of Lake Ave.
- Hammond Heights
- Lake Park
- Malden Woods
- Prime West Side- Salisbury Street Area
- Quiet Cul-de-sac off Mill Street on top of the hill with spectacular views of the city horizon.
- Rice Square
- Salisbury Street
- Tatnuck
- West Side
- West Side/Tatnuck
Similar Listings Nearby
Property Summary
- 78 Downing St Worcester MA is a Multi Family for sale in Worcester, MA, 01610. It is listed for $1,300,000 To schedule a showing of MLS#73469808 at 78 Downing St in Worcester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Property Investors & Advisors, LLC. The property listing data and information 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 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 set forth herein.
78 Downing St
Worcester, MA