Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

78 Downing St

Worcester, MA ID #73469808

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78 Downing St

- Worcester, MA ID #73469808

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 01610
  • Taxes: 15,126
  • Levels: 5
  • Acres: 0.22

Parking

  • Garage: 4
  • Garage Capacity: 10
  • Parking: Shared Driveway
  • Parking Spaces: 10

Rooms/Dimensions

  • Total Units: 6
  • Total Floors: 5
  • Total Rooms: 28

Location

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78 Downing St, Worcester, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Brian Allen of Property Investors & Advisors, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.