5 Ashland St, Worcester MA 01609
Worcester, MA 01609
$1,200,000
Est. $7,492/month
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About this home
5 & 7 Ashland Street – 8 Units!! Turnkey 8-family investment in 01609! The property includes six 2-bedroom units and two ground-level 1-bedroom/studio units. All eight units have been fully renovated with high ceilings. Major updates include separate utilities, updated electrical, plumbing, and heating systems, replacement windows, brand-new rear porches, a driveway, and common laundry. Most tenants are on tenant-at-will (TAW) leases. Several units below market rent, offering upside potential -- Current rent roll is $11,450/month!! Great investment opportunity with strong rental income and value-add potential!
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 20, 2026
Active → Active Under Contract
Pending Sale
Jul 17, 2026
Offer accepted, sale pending
Listed for Sale
Jul 10, 2026
$1,200,000
Original listing
Office: The DiRoberto Group Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/20/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/17/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/10/2026 | 🏠 Listed for Sale | $1,200,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $14,693 | $1,114,000 |
Financial Details
Annual Property Tax
$14,693
Tax Year 2025
Assessed Value
$1,114,000
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1890
Living Area
7,436 sq ft
Lot Size
0.10 acres
Bedrooms
14
Full Baths
8
Total Rooms
34
Investment Metrics
Units
8
Unit 1 Rent
$1,250/mo · N
Unit 2 Rent
$1,400/mo · N
Unit 3 Rent
$1,600/mo · N
Unit 4 Rent
$1,600/mo
Total Monthly Rent
$5,850/mo
Gross Income
$137,400
Net Operating Income
$137,400
Cap Rate
11.45%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Partially Finished, Concrete
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$14,693
Assessed Value
$1,114,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Brick
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
25 days
Property Overview
Property Type
5-9 Family
Listing Type
Sale Pending
Year Built
1890
Bedrooms
14
Full Bathrooms
8
Living Area
7,436 sq ft
Total Rooms
34
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
7,436 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Partially Finished, Concrete
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Roof:
Foundation:
Brick/Mortar, Other
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive
Nearby Schools
School District
Worcester School District local
C-
Where Graduates Go
Class of 2021
51%
attend college
35%
4-Year
16%
2-Year
4%
Out of State
4%
Working
School Safety
2024-25
4.1%
Above Average
3.3%
Suspensions
1.7%
In-School
0.8%
Emergency
1.4% below state avg
Elementary Schools
10 schools
F
Chandler Elementary Community School
0.3 mi
|
#805 of 824
|
Score: 26.6
Dropped 59 spots from last year
-31.6 below state avg
402 students
Diverse
Grades K-06
D
Elm Park Community School
0.3 mi
|
#779 of 824
|
Score: 30.6
Improved 25 spots from last year
-27.6 below state avg
478 students
Diverse
Rising School
Diverse Student Body
Grades K-06
C-
Jacob Hiatt Magnet School
0.5 mi
|
#691 of 824
|
Score: 36.2
Dropped 136 spots from last year
-22 below state avg
367 students
Diverse
Diverse Student Body
Grades PK-06
C-
Woodland Academy
0.6 mi
|
#11 of 12
|
Score: 28.5
Improved 726 spots from last year
-29.7 below state avg
482 students
Moderate
Rising School
Grades K-06
Summit Academy School for Alternative Learners
0.7 mi
Grades K-12
F
City View School
0.9 mi
|
#812 of 824
|
Score: 25.8
Dropped 79 spots from last year
-32.4 below state avg
464 students
Diverse
Diverse Student Body
Grades PK-06
Venerini Academy
0.9 mi
Grades PK-08
C-
Learning First Charter Public School
1.0 mi
|
#289 of 352
|
Score: 32.5
Improved 43 spots from last year
-25.7 below state avg
666 students
Diverse
Rising School
Grades K-08
C-
Midland Street School
1.1 mi
|
#711 of 824
|
Score: 34.6
Dropped 188 spots from last year
-23.6 below state avg
249 students
Diverse
Diverse Student Body
Grades K-06
C-
Belmont Street Community School
1.1 mi
|
#720 of 824
|
Score: 34.1
Dropped 111 spots from last year
-24.1 below state avg
615 students
Diverse
Diverse Student Body
Strong Attendance
Grades PK-06
Middle Schools
6 schools
The Nativity School of Worcester
0.9 mi
Grades 05-08
Worcester SDA School
2.6 mi
Grades 01-08
C-
Worcester East Middle School
1.4 mi
|
#298 of 352
|
Score: 31.5
Improved 55 spots from last year
-26.7 below state avg
731 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
Forest Grove Middle School
1.6 mi
|
#229 of 352
|
Score: 38.3
Improved 91 spots from last year
-19.9 below state avg
839 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
C+
Burncoat Middle School
2.5 mi
|
#233 of 352
|
Score: 37.9
Improved 48 spots from last year
-20.3 below state avg
720 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
B
Sullivan Middle School
3.1 mi
|
#157 of 352
|
Score: 43.9
Improved 28 spots from last year
-14.3 below state avg
940 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
10 schools
B+
Claremont Academy
0.9 mi
|
#9 of 25
|
Score: 38.3
Improved 317 spots from last year
-20 below state avg
474 students
Moderate
10 sports
• 216 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 07-12
Worcester Academy
1.1 mi
Grades 06-12
Worcester Alternative High School
1.4 mi
36 students
Diverse
Grades 07-12
C-
University Park Campus School
1.5 mi
|
#290 of 346
|
Score: 41.4
Dropped 13 spots from last year
-16.8 below state avg
233 students
Diverse
Early College Program
High Graduation Rate
College Ready Curriculum
Strong Attendance
Grades 07-12
Notre Dame Academy
1.7 mi
Grades 07-12
Saint Paul Diocesan Junior/Senior High School
1.9 mi
Grades 07-12
B-
Doherty Memorial High School
0.7 mi
|
#195 of 346
|
Score: 51.8
Improved 26 spots from last year
-6.4 below state avg
1,573 students
Very Diverse
19 sports
• 1,302 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
A+
Massachusetts Academy of Math and Science at WPI
0.9 mi
|
#2 of 346
|
Score: 91.7
Same rank as last year
99 students
Diverse
Strong AP Program
College Ready Curriculum
Strong Attendance
Grades 11-12
C+
Worcester Technical High School
1.8 mi
|
#219 of 346
|
Score: 49.8
Improved 47 spots from last year
-8.4 below state avg
1,442 students
Diverse
19 sports
• 1,016 athletes
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
C-
North High School
2.1 mi
|
#300 of 346
|
Score: 37.9
Improved 27 spots from last year
-20.3 below state avg
1,376 students
Diverse
14 sports
• 498 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Location
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Neighborhood
5 Ashland St, Worcester MA 01609
Worcester, MA 01609
Listing Information
Listing Agent
Paul Latino
Listing Office
The DiRoberto Group Inc.
Office Phone
508-579-8983
Agent MLS ID
CN207604
Office MLS ID
AN8053
Listing Data Updated
Aug 6, 2026 8:31 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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