78 Downing St

5,861 Sq. Ft.
$264 / Sq. Ft.
5,861
Sq. Ft.
$264
per Sq. Ft.

Description

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...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.
  1. Listed by Brian Allen • Property Investors & Advisors, LLC

Property Details for 78 Downing Street

Town
Worcester
Area
MA-Worcester
Garage Spaces
4
Parking Spaces
10.00
Parking Spaces Total
14
LISTING UPDATED: 01/23/2026 03:09 AM

Property Details for 78 Downing Street

StatusActive
MLS #73469808
Days on Market7
Taxes$15,126 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1920
CountyWorcester County

Location

Listing Courtesy of Property Investors & Advisors, LLC, Brian Allen
Add your commute

Building Information for 78 Downing Street

Stories5Residences6Year Built1920Building Size-Lot Size0.22 AC / 9,518 SF

Payment Calculator

$8,815 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,554

Property Taxes

$1,261

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 78 Downing Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 5861.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Level
Parking Features
  • Covered Spaces: 4.00
  • Garage: Yes
  • Garage Parking: Shared Driveway
  • Open Parking: Yes
  • Parking Features: Shared Driveway
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: This is an Entry Only Listing
Tax Information
  • Tax ID: M:08 B:001 L:00020,1769653
  • Assessments: $1,146,800
  • Book: 60605
  • Tax Year: 2025
  • Zoning: RG-5
Building / Association Information
Living Characteristics
  • Beds Total: 15
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Irregular
  • Levels: 5
Income / Expenses
  • GOI: $136,200.00
  • NOI: $103,700.00
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
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $11,350.00

Property History for 78 Downing Street

DateEvent & SourcePriceAppreciation
Jan 19, 2026

Listed (Active)

MLS PIN #73469808

$1,550,000—
Jun 25, 2019

Sold

MLS PIN #72474751

$683,000—
Apr 9, 2019

Under Agreement

MLS PIN #72474751

—
Apr 9, 2019

Contingent

MLS PIN #72474751

—
Apr 2, 2019

Listed (Active)

MLS PIN #72474751

$725,000—
Nov 27, 2017

Sold

MLS PIN #72218440

$646,000—
Aug 27, 2017

Under Agreement

MLS PIN #72218440

—
Aug 27, 2017

Contingent

MLS PIN #72218440

—
Aug 24, 2017

Listed (Active)

MLS PIN #72218440

$649,000—
DateEvent & SourcePrice
01/19/2026

Listed (Active)

MLS PIN #73469808

$1,550,000
06/25/2019

Sold

MLS PIN #72474751

$683,000
04/09/2019

Under Agreement

MLS PIN #72474751

—
04/09/2019

Contingent

MLS PIN #72474751

—
04/02/2019

Listed (Active)

MLS PIN #72474751

$725,000
11/27/2017

Sold

MLS PIN #72218440

$646,000
08/27/2017

Under Agreement

MLS PIN #72218440

—
08/27/2017

Contingent

MLS PIN #72218440

—
08/24/2017

Listed (Active)

MLS PIN #72218440

$649,000

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

Public Records for 78 Downing Street

Taxable ValueLand$122,100Additions$1,024,700Total$1,146,800
Tax Record2025$15,126 ($1,260 / month)
Home Facts
Baths6Total Finished SqFt5,861 SqFtAbove Grade Finished SqFt5,861 SqFtUnfinished Basement SqFt2,111 SqFtStories3Lot Size9,518 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRG-5CountyWORCESTERAPNWORC M:08 B:001 L:00020

Schools near 78 Downing 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 - 6 to 8
Rating
School
Distance
Jacob Hiatt Magnet School
PublicPK to 6

Chandler Magnet School
PublicPK to 6

Columbus Park Preparatory Academy
PublicPK to 6

Sullivan Middle School
Public6 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.

Similar Homes

Similar Sold Homes

78 Downing Street is a multi-family home for sale in Worcester, MA 01610. This property was listed for sale on January 19, 2026 by Property Investors & Advisors, LLC, it's currently listed at $1,550,000. It has been on the market for a total of 7 days and was last sold on June 25, 2019. This listing's school district is Worcester School District. Nearby schools include Jacob Hiatt Magnet School, Chandler Magnet School and Columbus Park Preparatory Academy. 78 Downing Street is a 15-bed, 6-bath, 5,861 sqft multi-family home built in 1920.

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 Property Investors & Advisors, LLC, Brian Allen

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.