Six-Unit Apartment
78 Downing St Worcester, MA 01610
For Sale
$1,300,000
Pending
Renovated six-unit building with sprinkler protection, tenant-paid electric, and a fully leased four-car garage.
Days on Market91
Property Features for 78 Downing St
General Information
- Standard status
- Pending
- Property subtype
- Investment
Building Details
- Year Built
- 1920
Listing Agency:
Worcester Multi
(508) 868-0927
Listed By:
Brian Allen · License #9583389
(508) 868-0927
Source:
Elliman
Added: Apr 24
Changed: Jul 21
Last Checked: Jul 23 at 7:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Worcester Multi
Investment Insights
Based on property information with market context.
This six-unit apartment building is configured with three 2-bedroom, 1-bath units and three 3-bedroom, 1-bath units. The apartments have been renovated with modern layouts. The property also includes coin-operated laundry and a heated basement storage/workshop. A heated basement storage unit may be leased for additional income.
The building is sprinklered and fully insulated, with electricity separately metered for tenant-paid electric. Five units are deleaded, supporting a well-maintained residential setup. The property also benefits from a fully leased four-car garage. All apartments are leased through Summer 2027, providing continuity for an investor or owner-operator seeking stabilized occupancy.
Situated directly across from Clark University, the location supports consistent walk-to-campus demand. BikeScore is 61 and WalkScore is 81, with a TransitScore of 36.
The building is sprinklered and fully insulated, with electricity separately metered for tenant-paid electric. Five units are deleaded, supporting a well-maintained residential setup. The property also benefits from a fully leased four-car garage. All apartments are leased through Summer 2027, providing continuity for an investor or owner-operator seeking stabilized occupancy.
Situated directly across from Clark University, the location supports consistent walk-to-campus demand. BikeScore is 61 and WalkScore is 81, with a TransitScore of 36.
Key Highlights
- Stabilized 6‑family building directly across from Clark University, generating $11,550/month rental income
- Financials include $106,100 NOI; additional revenue from coin‑op laundry and heated basement storage/workshop
- Unit mix: three 2 bed/1 bath units and three 3 bed/1 bath units; all apartments are renovated
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Renovated six-unit building with sprinkler protection, tenant-paid electric, and a fully leased four-car garage.
Where is this apartment building located?
The property is located at 78 Downing St Worcester, MA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Stabilized 6‑family building directly across from Clark University, generating $11,550/month rental income; Financials include $106,100 NOI; additional revenue from coin‑op laundry and heated basement storage/workshop; Unit mix: three 2 bed/1 bath units and three 3 bed/1 bath units; all apartments are renovated
