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59 Dover StWorcester, MA 01609

For Sale

$3,300,000

Smart Buyer Rebate $16,500

3-building, 9-unit multifamily bundle in Worcester's WPI District. 59 Dover St (3BR/3BR/3BR + garage, 3,004 SF), 172 Russell St (5BR/5BR/5BR, 4,712 SF), 176 Russell St (4BR/4BR/4BR, 3,972 SF). Combined 11,688 SF, built 1905-1915. Stabilized gross income $333,000/yr with $12,600 in scheduled increases. All units leased at market rent with near-zero vacancy driven by WPI student demand — 5,800+ students, only first-years guaranteed housing. 172 & 176 Russell are adjacent, offering management efficiencies. 172 Russell is the highest-income property at $136,800/yr. Most units extensively renovated with updated kitchens and modern finishes. Part of a larger 10-building, 30-unit WPI District Portfolio — remaining buildings also available individually or in additional bundles. Worcester County multifamily volume hit $710M in 2025 (3x 2024). Sellers are open to offers for the entire portfolio or individual groupings/buildings, creating a flexible acquisition opportunity. See MLS# 7348855

Listed by Steven Novak

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Douglas Elliman Real Estate - Park Plaza

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617-955-2224

Listed by Craig Brody

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Douglas Elliman Real Estate - Park Plaza

Listed by Brody Murphy Novak Group

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Douglas Elliman Real Estate - Park Plaza

Last updated April 10, 2026

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Source: MLSPin #73496378

Listing Facts

  • TypeMulti-family
  • NeighborhoodInstitution Park
  • Bedrooms36
  • Bathrooms12
  • Days on Prevu25
  • Taxes$26,363/year
  • Size12,428 sqft
  • Price per sqft$266

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/06/2026
Listed by Douglas Elliman Real Estate - Park Plaza
$3,300,000

Property Details for 59 Dover St

Exterior

Construction

  • Number Of Units Total: 9
  • Stories: 5
  • Stories Total: 5
  • Year Built: 1905
  • Year Built Details: Actual

Measurements

  • Building Area Total: 12,428
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.32
  • Lot Size Area: 0
  • Lot Size Square Feet: 13,924
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $333,000.00
  • Operating Expense: $11,655.00

Taxes

  • Parcel Number: 1772931
  • Tax Annual Amount: $26,363.00
  • Tax Assessed Value: $999,999.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 12,428
  • Living Area Source: Owner

Rooms

  • Bathrooms Full: 12
  • Bathrooms Total Integer: 12
  • Bedrooms Total: 36
  • Rooms Total: 52

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street
  • Parking Total: 5

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 36 bedrooms and 12 bathrooms in this multi-family home at 59 Dover St.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 59 Dover St.

What are the annual taxes for 59 Dover St?

Annual taxes for this multi-family home are estimated at $26,363.

How does 59 Dover St compare to other multi-family homes in Institution Park?

This multi-family home is listed 420% above the average price for multi-family homes in Institution Park and has been on the market for 8 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 12,428 sqft.

59 Dover St is a 36-bedroom, 12-bath multi-family home for sale in Worcester MA 01609. On Prevu for 25 days at $3,300,000. This home features 12,428 square feet of living space, located in Worcester County. The median listing price for multi-family homes in this area is $634,500. The home offers parking. View other multi-family home listings in Worcester County.

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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.