Rare opportunity to acquire a high-performing, cash-flowing asset in the heart of Main South neighborhood near Clark University. Featuring a 17 bedroom lodging-style property generating strong in-place income, making it an ideal addition to any investor’s portfolio. The property offers a diversified rent roll with consistent demand driven by its prime location, access to public transportation, and proximity to local universities, employers, and amenities. Current operations provide immediate cash flow, with additional upside through rent optimization and improved management efficiencies. Situated on an oversized lot, this asset presents compelling future development potential, including the possibility to expand, add additional units, or explore condo conversion (buyer to perform due diligence). The combination of strong existing income and long-term redevelopment optionality makes this a unique offering in today’s market.
This home has been viewed 14 times
Last Checked: June 16th, 2026 at 4:33am (Source: MLS PIN #73514871)
Gross Income: $27,600
Gross Expenses: $16,560
Net Income Calc: $11,040
Water Views
Annual Expenses for 5 Claremont Street, Worcester MA 01610
Total Gross Expenses (Calculated)$16,560/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax16560
Annual Income & Unit Breakdown for 5 Claremont Street, Worcester MA 01610
Total Gross Income (Calculated)$27,600
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
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 5 Claremont Street, Worcester MA 01610
Listing ID73514871
Property TypeMulti Family
Price1345000 ($128.71/SqFt)
Style5+ Family - Rooming House
CityWorcester
CountyWorcester
MLS AreaSouth Worcester
Neighborhood(s)
Approximate Living Area Total10450
Approximate Lot Size (Acres)0.68
Total Parking17
Garage Parking0
Year Built1896
Year Built SourcePublic Records
Year Built DetailsActual,Certified Historic
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
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 5 Claremont Street, Worcester MA 01610
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsFireplace Mantel In Living Room Is Excluded.
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 5 Claremont Street, Worcester MA 01610
Real Estate Taxes16560
Tax Year2025
Assessed Value$1,168,000
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 5 Claremont Street, Worcester MA 01610
Neighborhood(s)
MLS AreaSouth Worcester
Area AmenitiesWalk/jog Trails
Contact Information for 5 Claremont Street, Worcester MA 01610