12 Oread St, Worcester MA 01608

Worcester, MA 01608
$2,100,000
Est. $12,076/month
45
Beds
16
Baths
17,106
Sq Ft
$123
Price/Sq Ft
0.21
Acres
1890
Year Built
8
Parking
136
Days on Market
Active Listed Mar 12, 2026 • MLS# 73485885 Copied! • Updated Mar 16, 2026

About this home

8–12 & 16 Oread Street presents a compelling opportunity to acquire a centrally located SRO-style residential asset in the heart of Worcester, one of Massachusetts’ fastest-growing urban economies. Consisting of 45 rooms & 16 bathrooms with an additional buildable lot positioned just off Main Street, the property benefits from walkable access to downtown employers, educational institutions, transit options, and Worcester’s expanding cultural and entertainment destinations. This location continues to experience strong demand from workforce residents, students, and service-sector tenants seeking attainable housing close to jobs, transit, and amenities.The asset sits within an established residential and mixed-use corridor undergoing steady reinvestment, offering buyers the chance to capitalize on growing local momentum. Investors seeking a stable, walkable urban location with long-term upside will find this property well-positioned for both immediate performance and future growth.

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Property History

Property Timeline

🏠
Listed for Sale
Mar 12, 2026
$2,100,000
Original listing
Agent: David R. Eldredge Office: Realty Solutions Inc.

Tax History

Year Taxes Assessment
2025 $15,088 $1,143,900

Financial Details

Annual Property Tax
$15,088
Tax Year 2025
Assessed Value
$1,143,900

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - Rooming House
Year Built 1890
Living Area 17,106 sq ft
Lot Size 0.21 acres
Bedrooms 45
Full Baths 16
Total Rooms 45

Investment Metrics

Units 45
Unit 1 Rent $704/mo · Y
Unit 2 Rent $704/mo · Y
Total Monthly Rent $1,408/mo
Gross Income $16,896
Net Operating Income $16,896
Cap Rate 0.80%
Heating None
Cooling None
Flooring Wood, Vinyl
Appliances None
Fireplace None
Basement Full, Partially Finished, Walk-out Access, Interior Entry, Concrete
Laundry None
Features None
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street, Driveway
Total Spaces 8
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $15,088
Assessed Value $1,143,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type []
House Color Red
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
5+ Family - Rooming House
Listing Type
For Sale
Year Built
1890
Bedrooms
45
Full Bathrooms
16
Living Area
17,106 sq ft
Total Rooms
45
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Vinyl
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Granite
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Cleared
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 8
Parking Features: Off Street, Driveway

Special Features

View: Yes
View Type: City View(s)
Community Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Sidewalks

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,257
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

12 Oread St, Worcester MA 01608

Worcester, MA 01608

Listing Information

Listing Agent David R. Eldredge
Listing Office Realty Solutions Inc.
Office Phone 508-495-4400
Agent MLS ID CT001420
Office MLS ID AN0200
Listing Data Updated Mar 16, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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