$730,000
5 Freeland Ter
Worcester, MA, 01603
You can send your kids to college completely for free just by living in this freshly updated, fully vacant three-decker home at 5 Freeland Terrace. This is a life-changing opportunity for a hardworking family to stop paying rent, build real wealth, and secure a bright future. By living in one spacious unit and renting out the other two floors, your tenants will help pay your mortgage while you gain a path to higher education that usually feels out of reach. This rare property sits in a special neighborhood zone where anyone who lives here for five consecutive years qualifies to attend Clark University tuition-free. This massive benefit applies to you, your kids, extended family, and even your tenants, making it incredibly easy to find renters. To qualify for this amazing program, a person just needs to live in this neighborhood zone for at least five full, continuous years before starting college, apply and meet Clark University’s standard academic rules to get in, and remember that while the scholarship pays for 100% of the tuition, families still cover housing, food, and books. Units 1 & 3 are certified deleaded and because the entire building is recently renovated and completely empty, you can move right in, choose your own tenants, or maximize your cash flow by exploring room-by-room student rentals.
Property Details
Price:
$730,000
MLS #:
73568993
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Aug 27, 2026
Finished Sq Ft:
3,198
Total Sq Ft:
3,198
Lot Size:
2,860 sqft / 0.07 acres (approx)
Year Built:
1890
Units:
3
Schools
Interior
Above Grade Finished Area
3198
Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Heating
Natural Gas, Electric
Interior Features
Living Room, Kitchen, Family Room
Levels
3
Exterior
Community Features
Public Transportation, Park, Highway Access, University
Construction Materials
Frame
Fencing
Fenced/Enclosed
Roof
Shingle
Stories
3
Window Features
Insulated Windows
Financial
Tax Year
2025
Taxes
$6,488
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…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Worcester as of Sep 01, 2026
160
Multi Family Listed
99
Avg DOM
228
Avg $ / SqFt
$815,758
Avg List Price
Community
- Address5 Freeland Ter Worcester MA
- CityWorcester
- CountyWorcester
- Zip Code01603
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
- 5 Freeland Ter Worcester MA is a Multi Family for sale in Worcester, MA, 01603. It is listed for $730,000 To schedule a showing of MLS#73568993 at 5 Freeland Ter in Worcester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Redfin Corp.. 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.
5 Freeland Ter
Worcester, MA
























