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.
Listed by Brian Allen
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Property Investors & Advisors, LLC
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508-868-0927
Last updated January 23, 2026
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Source: MLSPin #73469808
Listing Facts
TypeMulti-family
NeighborhoodUniversity Park
Bedrooms15
Bathrooms6
Days on Prevu10
Taxes$15,126/year
Size5,861 sqft
Price per sqft$264
Amenities
Parking
Location
Mortgage Calculator
Listing History
01/19/2026
Listed by Property Investors & Advisors, LLC
$1,550,000
Property Details for 78 Downing St
Exterior
Construction
Number Of Units Total: 6
Stories: 5
Stories Total: 5
Year Built: 1920
Year Built Details: Renovated Since
Measurements
Building Area Total: 5,861
Building Area Units: Square Feet
Lot Features: Level
Lot Size Acres: 0.22
Lot Size Area: 0
Lot Size Square Feet: 9,518
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $136,200.00
Taxes
Parcel Number: M:08 B:001 L:00020,1769653
Tax Annual Amount: $15,126.00
Tax Assessed Value: $1,146,800.00
Tax Year: 2025
Interior
Measurements
Living Area: 5,861
Living Area Source: Public Record
Rooms
Bathrooms Full: 6
Bathrooms Total Integer: 6
Bedrooms Total: 15
Rooms Total: 28
Other
General
Exclusions: Tenants Personal Property
Parking
Parking
Covered Spaces: 4
Garage Spaces: 4
Garage: Yes
Open Parking Spaces: 6
Open Parking: Yes
Parking Features: Shared Driveway
Parking Total: 10
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 15 bedrooms and 6 bathrooms in this multi-family home at 78 Downing St.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 78 Downing St.
What are the annual taxes for 78 Downing St?
Annual taxes for this multi-family home are estimated at $15,126.
How does 78 Downing St compare to other multi-family homes in University Park?
This multi-family home is listed 44% above the average price for multi-family homes in University Park and has been on the market for 100 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 5,861 sqft.
78 Downing St is a 15-bedroom, 6-bath multi-family home for sale in Worcester MA 01610. Available on Prevu for 10 days at $1,550,000. This residence features 5,861 square feet of living space, located in Worcester County. The median listing price for multi-family homes in this area is $1,039,950. Additional amenities include parking. Explore more multi-family home listings in Worcester County.
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