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Active

12 Oread St, Worcester MA 01608

$2,100,000

Estimated $4,662/month Calculator

Multi Family

Total Units: 45

Price Per Unit: $46,666.67

Total Rent: 16896/year

Estimated CAP Rate:

45 Bedrooms

Baths

17106

Total Parking: 8

9,340 (0.21)

8–12 & 16 Oread Street presents a compelling opportunity to acquire a centrally located SRO-style residential asset in the heart of Worcester, one of Massachusetts’ fastest-growing urban economies. Consisting of 45 rooms & 16 bathrooms with an additional buildable lot positioned just off Main Street, the property benefits from walkable access to downtown employers, educational institutions, transit options, and Worcester’s expanding cultural and entertainment destinations. This location continues to experience strong demand from workforce residents, students, and service-sector tenants seeking attainable housing close to jobs, transit, and amenities.The asset sits within an established residential and mixed-use corridor undergoing steady reinvestment, offering buyers the chance to capitalize on growing local momentum. Investors seeking a stable, walkable urban location with long-term upside will find this property well-positioned for both immediate performance and future growth.

This home has been viewed 20 times

Last Checked: March 17th, 2026 at 4:58am (Source: MLS PIN #73485885)

Gross Income: $16,896

Gross Expenses: $15,088

Net Income Calc: $1,808

Water Views

Annual Expenses for 12 Oread St, Worcester MA 01608

Total Gross Expenses (Calculated)$15,088/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax15088

Annual Income & Unit Breakdown for 12 Oread St, Worcester MA 01608

Total Gross Income (Calculated)$16,896

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 12 Oread St, Worcester MA 01608

Listing ID73485885

Property TypeMulti Family

Price2100000 ($122.76/SqFt)

Style5+ Family - Rooming House

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total17106

Approximate Lot Size (Acres)0.21

Total Parking8

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 12 Oread St, Worcester MA 01608

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 12 Oread St, Worcester MA 01608

Real Estate Taxes15088

Tax Year2025

Assessed Value$1,143,900

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 12 Oread St, Worcester MA 01608

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 12 Oread St, Worcester MA 01608

Agent

Name: David R. Eldredge

Office

Name: Realty Solutions Inc.

Phone: 508-495-4400

Payment Calculator

, Interest

Property Taxes 1257.33

Principal & Interest 12939.53

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Realty Solutions Inc.

David R. Eldredge

Agent Phone

Office Phone

(508) 495-4400

Text Agent Call Agent Call Office

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EXIT

1 More Photo

Active

12 Oread St, Worcester MA 01608

$2,100,000

Annual Expenses for 12 Oread St, Worcester MA 01608

Annual Income & Unit Breakdown for 12 Oread St, Worcester MA 01608

General Information for 12 Oread St, Worcester MA 01608

Disclosures for 12 Oread St, Worcester MA 01608

Financial Information for 12 Oread St, Worcester MA 01608

Location Information for 12 Oread St, Worcester MA 01608

Contact Information for 12 Oread St, Worcester MA 01608

Agent

Office

Payment Calculator

Exclusive Listing Agent

Realty Solutions Inc.

David R. Eldredge