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$1,550,000
New Listing

78 Downing St
Worcester, MA 01610

For Sale|Multi Family|Active
15
Beds
6
Total Baths
6
Full Baths
5,861
SqFt
$264
/SqFt
1920
Built
County:
Worcester

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Upcoming Open Houses
Due to COVID-19, we recommend you verify Open Houses before attending.
Sat, Jan 24, 11:00 AM - 1:00 PM
Sun, Jan 25, 12:00 PM - 1:30 PM
78 Downing St78 Downing St78 Downing St78 Downing St
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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.

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Listing Snapshot
Price 
$1,550,000
Days On Site 
0 Days
Bedrooms 
15
Inside Area (SqFt) 
5,861 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1920
MLS® Number 
73469808
Status 
Active
Property Tax 
$15,126
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
22 hours agoListing first seen on site
General Features
Acres 
0.22
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
5
Parking 
Shared Driveway
Parking Spaces 
10
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
5861
SqFt Total 
5861
Water Source 
Public
Zoning 
RG-5
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Exterior Features
Lot Features 
Level
Listing courtesy of Brian Allen of Property Investors & Advisors, LLC



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-01-20 08:00 PM UTC

Neighborhood & Commute
Source: Walkscore
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