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5 Claremont Street, Worcester MA 01610

Worcester, MA 01610 • South Worcester
$1,580,000
$1,345,000
Est. $8,381/month
17
Beds
4
Baths
10,450
Sq Ft
$129
Price/Sq Ft
0.68
Acres
1896
Year Built
17
Parking
64
Days on Market
Active Price Drop -$235,000 Listed May 7, 2026 • MLS# 73514871 Copied! • Updated Jun 15, 2026

About this home

Rare opportunity to acquire a high-performing, cash-flowing asset in the heart of Main South neighborhood near Clark University. Featuring a 17 bedroom lodging-style property generating strong in-place income, making it an ideal addition to any investor’s portfolio. The property offers a diversified rent roll with consistent demand driven by its prime location, access to public transportation, and proximity to local universities, employers, and amenities. Current operations provide immediate cash flow, with additional upside through rent optimization and improved management efficiencies. Situated on an oversized lot, this asset presents compelling future development potential, including the possibility to expand, add additional units, or explore condo conversion (buyer to perform due diligence). The combination of strong existing income and long-term redevelopment optionality makes this a unique offering in today’s market.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
14.9%
Price Range

Property Timeline

Price Reduced
Jun 11, 2026
$1,345,000 $235,000 (-14.87%)
From $1,580,000 to $1,345,000 (-14.9%)
🏠
Listed for Sale
May 7, 2026
$1,580,000
Original listing
Agent: DelRose McShane Team Office: Coldwell Banker Realty - Belmont

Tax History

Year Taxes Assessment
2025 $16,560 $1,168,000

Financial Details

Annual Property Tax
$16,560
Tax Year 2025
Assessed Value
$1,168,000

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - Rooming House
Year Built 1896
Living Area 10,450 sq ft
Lot Size 0.68 acres
Bedrooms 17
Full Baths 4
Total Rooms 30

Investment Metrics

Units 17
Unit 1 Rent $1,300/mo · Y
Unit 2 Rent $1,000/mo · Y
Total Monthly Rent $2,300/mo
Gross Income $183,000
Net Operating Income $109,000
Operating Expenses $74,500
Cap Rate 8.10%
Heating None
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Concrete, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features None
Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Shared Driveway, Off Street, Common, Paved
Total Spaces 17
Electric 220 Volts, Circuit Breakers, Common
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $16,560
Assessed Value $1,168,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Rental Specifics Including Monthly Rents And Lease Terms Can Be Shared Upon Request
Possession None
Accepted Financing Contract
Structure Type []
House Color White
Sq Ft Source Public Record
Sq Ft Disclosures Bedrooms are rented individually; shared kitchens (2) and bathrooms (4) among all tenants.
Documents None
County Worcester
Total market time (incl. prior listings) 39 days

Property Overview

Property Type
5+ Family - Rooming House
Listing Type
For Sale
Year Built
1896
Bedrooms
17
Full Bathrooms
4
Living Area
10,450 sq ft
Total Rooms
30
Stories
3
Levels
3

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: Hardwood
Appliances:
Interior Features:
Windows:
Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1896
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Concrete Perimeter, Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 3
Cooling:
Cooling Zones: 3
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Corner Lot, Additional Land Avail., Gentle Sloping
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 17
Parking Features: Paved Drive, Shared Driveway, Off Street, Common, Paved
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
C-
Woodland Academy
0.3 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-
Jacob Hiatt Magnet School
0.4 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-
Canterbury School
0.5 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
M

Middle Schools

2 schools
C-
Worcester East Middle School
1.7 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
The Nativity School of Worcester
1.8 mi
Grades 05-08
H

High Schools

3 schools
B+
Claremont Academy
< 0.1 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
C-
University Park Campus School
0.6 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 Alternative High School
0.8 mi
36 students Diverse
Grades 07-12
Learn about these ratings

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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 $1,380
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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Current 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

South Worcester

5 Claremont Street, Worcester MA 01610

Worcester, MA 01610

Listing Information

Listing Agent DelRose McShane Team
Listing Office Coldwell Banker Realty - Belmont
Office Phone 617-484-5300
Agent MLS ID TEAM0218
Office MLS ID AN6190
Listing Data Updated Jun 15, 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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