59 Dover St

12,428 Sq. Ft.
$266 / Sq. Ft.
12,428
Sq. Ft.
$266
per Sq. Ft.

Description

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....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
  1. Listed by Brody Murphy Novak Group • Douglas Elliman Real Estate - Park Plaza
  2. Listed by Craig Brody • Douglas Elliman Real Estate - Park Plaza
  3. Listed by Steven Novak • Douglas Elliman Real Estate - Park Plaza

Property Details for 59 Dover Street

Town
Worcester
MLS Area
WPI
Area
MA-Worcester-WPI, MA-Worcester
Garage Spaces
1
Open Parking Spaces
4.00
Parking Spaces Total
5
LISTING UPDATED: 04/10/2026 03:10 AM

Property Details for 59 Dover Street

StatusActive
MLS #73496378
Days on Market17
Taxes$26,363 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1905
CountyWorcester County

Location

Listing Courtesy of Douglas Elliman Real Estate - Park Plaza, Brody Murphy Novak Group; Douglas Elliman Real Estate - Park Plaza, Craig Brody; Douglas Elliman Real Estate - Park Plaza, Steven Novak
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Building Information for 59 Dover Street

Stories5Residences9Year Built1905Building Size-Lot Size0.32 AC / 13,924 SF

Payment Calculator

$18,814 per month

30 year fixed, 6.46% Interest

Principal and Interest

$16,617

Property Taxes

$2,197

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 59 Dover Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 12428.0
  • SqFt with Basement: No
  • Total Units: 9
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Owner
Features
Interior Features
  • Num of Baths: 12.0
  • Num of Full Baths: 12
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 12.00
  • Bathrooms Total Integer: 12
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Buyer and Buyer’s agent are responsible for conducting their own due diligence and independently verifying all information.
Tax Information
  • Tax ID: 1772931
  • Assessments: $999,999
  • Book: na
  • Tax Year: 2025
  • Zoning: RL-7
Building / Association Information
Living Characteristics
  • Beds Total: 36
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 5
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $333,000.00
  • GRE: $11,655
  • NOI: $216,450.00
  • Operating Expense: $11,655.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $27,750.00

Property History for 59 Dover Street

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Listed (Active)

MLS PIN #73496378

$3,300,000
DateEvent & SourcePrice
04/06/2026

Listed (Active)

MLS PIN #73496378

$3,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 59 Dover Street

Taxable ValueLand$75,400Additions$426,700Total$502,100
Tax Record2025$6,623 ($552 / month)
Home Facts
Baths3Total Finished SqFt3,004 SqFtAbove Grade Finished SqFt3,004 SqFtUnfinished Basement SqFt1,130 SqFtStories3Lot Size4,500 SqFtStyleTriplexYear Built1905ZoningRL-7CountyWORCESTERAPNWORC M:11 B:003 L:00017

Schools near 59 Dover Street

This home is within Worcester School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - 7 to 8
Rating
School
Distance
Jacob Hiatt Magnet School
PublicPK to 6

Elm Park Community School
PublicPK to 6

Chandler Magnet School
PublicPK to 6

Forest Grove Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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59 Dover Street is a multi-family home for sale in Worcester, MA 01609. This property was listed for sale on April 6, 2026 by Douglas Elliman Real Estate - Park Plaza, it's currently listed at $3,300,000. This listing's school district is Worcester School District. Nearby schools include Jacob Hiatt Magnet School, Elm Park Community School and Chandler Magnet School. 59 Dover Street is a 36-bed, 12-bath, 12,428 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate - Park Plaza, Brody Murphy Novak Group; Douglas Elliman Real Estate - Park Plaza, Craig Brody; Douglas Elliman Real Estate - Park Plaza, Steven Novak

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 or leasing 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 or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.