12 Oread St, Worcester MA 01608
Worcester, MA 01608
$2,100,000
Est. $12,076/month
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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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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Mar 12, 2026
$2,100,000
Original listing
Agent: David R. Eldredge
Office: Realty Solutions Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/12/2026 | 🏠 Listed for Sale | $2,100,000 | - | - | Original listing |
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%
Interior
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
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Off Street, Driveway
Total Spaces
8
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$15,088
Assessed Value
$1,143,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
17,106 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
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:
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 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
C-
Jacob Hiatt Magnet School
0.1 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
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
C-
Woodland Academy
0.4 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
C-
Canterbury School
0.7 mi
|
#745 of 824
|
Score: 32.7
Improved 64 spots from last year
-25.5 below state avg
329 students
Diverse
Rising School
Grades PK-06
C-
Learning First Charter Public School
0.8 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-
Goddard School/Science Technical
0.9 mi
|
#703 of 824
|
Score: 35.5
Improved 17 spots from last year
-22.7 below state avg
359 students
Diverse
Grades PK-06
D
Elm Park Community School
1.0 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
F
Union Hill School
1.1 mi
|
#815 of 824
|
Score: 25.3
Dropped 19 spots from last year
-33 below state avg
377 students
Diverse
Grades K-06
C+
Columbus Park School
1.1 mi
|
#9 of 12
|
Score: 31.6
Improved 720 spots from last year
-26.6 below state avg
381 students
Diverse
Rising School
Grades PK-06
F
Grafton Street School
1.2 mi
|
#795 of 824
|
Score: 29.1
Improved 4 spots from last year
-29.1 below state avg
386 students
Diverse
Diverse Student Body
Grades K-06
Middle Schools
6 schools
The Nativity School of Worcester
1.5 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
2.2 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
B
Sullivan Middle School
2.7 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
C+
Burncoat Middle School
3.1 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
High Schools
10 schools
B+
Claremont Academy
0.4 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 Alternative High School
0.8 mi
36 students
Diverse
Grades 07-12
C-
University Park Campus School
0.9 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
Worcester Academy
1.0 mi
Grades 06-12
Saint Paul Diocesan Junior/Senior High School
1.7 mi
Grades 07-12
Notre Dame Academy
2.1 mi
Grades 07-12
B-
Doherty Memorial High School
1.0 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
1.6 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
2.3 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
2.3 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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Monthly Payment Breakdown
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Property Tax
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Homeowners Insurance
$200
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Year 1
95% Interest
Year 15
50/50
Year 30
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Location
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Neighborhood
12 Oread St, Worcester MA 01608
Worcester, MA 01608
Listing Information
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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