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78 Downing St, Worcester MA 01610

Worcester, MA 01610
$1,550,000
Est. $9,298/month
15
Beds
6
Baths
5,861
Sq Ft
$264
Price/Sq Ft
0.22
Acres
1920
Year Built
11 hours 51 minutes
Time on Market
Active Open House Listed Jan 19, 2026 • MLS# 73469808 Copied!

About this home

Superb opportunity to acquire a stabilized 6-family directly across from Clark University, generating $11,350/month in rental income and a strong $103,700 NOI. Additional revenue comes from coin-op laundry and a heated basement storage/workshop. The property offers a desirable mix of three 2 bed/1 bath units and three 3 bed/1 bath units, plus a fully leased 4-car garage. All apartments are renovated with modern layouts that attract quality tenants. The building is sprinklered, fully insulated, separately metered with tenant-paid electric, and five units are deleaded. In a prime walk-to-campus location with consistent rental demand, this asset is ideal for portfolio buyers or 1031 investors seeking stable income, long-term appreciation, and minimal deferred maintenance. All apartments and garages are leased: front units through Summer 2027 and rear units through Summer 2026. Both garages rent for $700, and a basement storage unit can add $200/month when leased.

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
15
Full Bathrooms
6
Living Area
5,861 sq ft
Total Rooms
28
Stories
5
Levels
5

Open House Schedule

24
Jan
Saturday, January 24
11:00 AM - 1:00 PM EST
25
Jan
Sunday, January 25
12:00 PM - 1:30 PM EST

Facts & Features

4 Car Garage

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1920
Living Area 5,861 sq ft
Lot Size 0.22 acres
Bedrooms 15
Full Baths 6
Total Rooms 28

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 4
Has Garage Yes
Features Shared Driveway
Total Spaces 10

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $15,126
Assessed Value $1,146,800

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Irregular
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: Level
Road Surface:

Parking & Garage

Garage Spaces: 4
Total Parking Spaces: 10
Parking Features: Shared Driveway

Location

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Neighborhood

78 Downing St, Worcester MA 01610

Worcester, MA 01610

Walkability

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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
E

Elementary Schools

10 schools
C-
Goddard School/Science Technical
0.4 mi | #703 of 824 | Score: 35.5
Improved 17 spots from last year
-22.7 below state avg
359 students Diverse
Grades PK-06
C+
Columbus Park School
0.4 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
C-
Woodland Academy
0.5 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
0.6 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-
Jacob Hiatt Magnet School
0.8 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
0.8 mi | #805 of 824 | Score: 26.6
Dropped 59 spots from last year
-31.6 below state avg
402 students Diverse
Grades K-06
Our Lady of the Angels School
1.1 mi
Grades PK-08
C-
Gates Lane School
1.2 mi | #744 of 824 | Score: 33.0
Dropped 10 spots from last year
-25.2 below state avg
547 students Very Diverse
Diverse Student Body
Grades PK-06
C-
May Street School
1.2 mi | #682 of 824 | Score: 36.5
Dropped 33 spots from last year
-21.7 below state avg
310 students Very Diverse
Diverse Student Body
Grades K-06
C-
Midland Street School
1.2 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
M

Middle Schools

6 schools
The Nativity School of Worcester
2.0 mi
Grades 05-08
Worcester SDA School
2.2 mi
Grades 01-08
B
Sullivan Middle School
2.0 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-
Worcester East Middle School
2.1 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
2.4 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
3.6 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
H

High Schools

10 schools
B+
Claremont Academy
0.3 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
0.5 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
Worcester Alternative High School
1.1 mi
36 students Diverse
Grades 07-12
Worcester Academy
1.7 mi
Grades 06-12
Notre Dame Academy
2.1 mi
Grades 07-12
Saint Paul Diocesan Junior/Senior High School
2.2 mi
Grades 07-12
B-
Doherty Memorial High School
1.1 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
2.0 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
B
South High Community School
2.1 mi | #168 of 346 | Score: 53.6
Improved 65 spots from last year
-4.6 below state avg
1,800 students Very Diverse
19 sports • 1,056 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
C+
Worcester Technical High School
2.9 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
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,261
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Property History

Property Timeline

🏠
Listed for Sale
Jan 19, 2026
$1,550,000
Original listing
Agent: Brian Allen Office: Property Investors & Advisors, LLC

Price & Status History

Date Event Price Change
Jan 19, 2026 New Listing Added $1,550,000

Market Statistics

Time on Market
11 hours 51 minutes
Price per Sq Ft
$264

Tax History

Year Taxes Assessment
2025 $15,126 $1,146,800

Financial Details

Annual Property Tax
$15,126
Tax Year 2025
Assessed Value
$1,146,800

Listing Information

Listing Agent Brian Allen
Listing Office Property Investors & Advisors, LLC
Agent MLS ID K8000195
Office MLS ID AN6259
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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78 Downing St, Worcester MA 01610 - Photo 1 78 Downing St, Worcester MA 01610 - Photo 2 78 Downing St, Worcester MA 01610 - Photo 3 78 Downing St, Worcester MA 01610 - Photo 4 78 Downing St, Worcester MA 01610 - Photo 5 78 Downing St, Worcester MA 01610 - Photo 6 78 Downing St, Worcester MA 01610 - Photo 7 78 Downing St, Worcester MA 01610 - Photo 8 78 Downing St, Worcester MA 01610 - Photo 9 78 Downing St, Worcester MA 01610 - Photo 10 78 Downing St, Worcester MA 01610 - Photo 11
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