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5 Ashland St, Worcester MA 01609

Worcester, MA 01609
$1,200,000
Est. $7,492/month
14
Beds
8
Baths
7,436
Sq Ft
$161
Price/Sq Ft
0.10
Acres
1890
Year Built
4
Parking
3 hours 28 minutes
Time on Market
Active Open House Listed Jul 9, 2026 • MLS# 73547742 Copied! • Updated Jul 9, 2026

Open House Schedule

12
Jul
Sunday, July 12
11:00 AM - 1:00 PM EDT

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! (Open House this Sunday, July 12, 2026 11:00 AM to 1:00 PM) !!

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 10, 2026
$1,200,000
Original listing
Office: The DiRoberto Group Inc.

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 $70,200
Net Operating Income $70,200
Cap Rate 5.85%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partially Finished, Concrete
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $14,693
Assessed Value $1,114,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Brick
Sq Ft Source Public Record
Documents None
County Worcester

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
14
Full Bathrooms
8
Living Area
7,436 sq ft
Total Rooms
34
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:
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
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
E

Elementary Schools

3 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
M

Middle Schools

3 schools
The Nativity School of Worcester
0.9 mi
Grades 05-08
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
H

High Schools

3 schools
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
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
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
Learn about these ratings

Monthly Payment Calculator

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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,224
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

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$0/mo
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Current Rate
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+0.5% Rate
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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

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 Jul 9, 2026 10:19 PM 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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