$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:
Active
Beds:
15
Baths:
6
Address:
78 Downing St
Type:
Multi Family
Subtype:
5-9 Family
City:
Worcester
Listed Date:
Jan 19, 2026
State:
MA
Finished Sq Ft:
5,861
Total Sq Ft:
5,861
ZIP:
01610
Lot Size:
9,518 sqft / 0.22 acres (approx)
Year Built:
1920
Units:
6
Schools
Interior
Bathrooms
6 Full Bathrooms
Exterior
Parking Features
Shared Driveway
Parking Spots
10
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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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
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