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    5 Stoneland Rd Worcester, MA 01603

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    For Sale
    $774,900

    Charming 4-family property near Clark University with strong rental demand.

    Lot size:
    0.13 Acres

    Property Features for 5 Stoneland Rd

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1908

    Source: RE/MAX Partners Agent James Kalogeropoulos

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Worcester Multifamily Investment Opportunity

    This 4-family property in Worcester features a wrap-around front porch, classic architectural character, off-street parking, and a spacious backyard. Recent updates include gas forced hot air heating systems, updated electrical, and a replaced roof. Three of the four apartments are in move-in-ready condition, while the third-floor unit offers an opportunity for cosmetic updates to increase value. The property is ideally situated near Clark University, benefiting from strong rental demand for one and two-bedroom apartments. It is located near public transit, local institutions, job centers, small businesses, and popular restaurants, in one of Worcester's active and desirable rental markets. The property offers potential for both investors and owner-occupants seeking steady income and long-term growth and is being sold as-is.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.828097
    Latitude
    42.2463494

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    FAQs

    What type of property is this?
    Quadplex - Charming 4-family property near Clark University with strong rental demand.
    Where is this quadplex located?
    The property is located at 5 Stoneland Rd Worcester, MA.
    What is the asking price?
    The asking price for this property is $774,900.
    What are key features of this property?
    This property features: - Strong rental demand due to proximity to Clark University and location in a desirable Worcester rental market.; - Three out of four apartments are move-in-ready, providing immediate rental income.; - Recent updates include gas forced hot air heating systems, updated electrical, and a replaced roof, ensuring structural integrity and reduced maintenance.
    (508) 635-8259
    Request Owner's contact information
    5 Stoneland Rd Worcester, MA 01603
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    Worcester, MA 01603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Stoneland Rd Worcester, MA 01603
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