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78 Downing StWorcester, MA 01610

For Sale

$1,550,000

Smart Buyer Rebate $7,750

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

·

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.

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.