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.
| Units | 17 |
| Living area | 10,450 sqft |
| Lot size | 29,768 sqft |
| Year built | 1896 |
| Price / sqft | $151 |
| County | Worcester |
| MLS # | 73514871 |
| Days on market | 20 days |
| Listed on | May 7, 2026 |
| Annual property tax | $16,560 |
| Tax year | 2025 |
| Assessed value | $1,168,000 |
| Zoning | RG-5 |
| Gross income (actual) | $183,000/yr |
| Net operating income (actual) | $109,000/yr |
| Total actual rent | $15,365/mo |
| Stories | 3 |
| Total rooms | 30 |
| Lot size | 0.68 acres |
| Garage spaces | 0 |
| Parking spaces | 17 |
| Parking | Paved Drive, Shared Driveway, Off Street, Common, Paved |
| Basement | Full, Walk-Out Access, Interior Entry, Concrete, Unfinished |
| Foundation | Concrete Perimeter, Stone, Brick/Mortar |
| Construction | Frame |
| Flooring | Hardwood |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
Listing courtesy of Coldwell Banker Realty - Belmont — DelRose McShane Team. Listing data © MLS PIN.
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It is a 17-unit multi-family property with 10,450 sqft of living area, built in 1896.
5 Claremont Street, Worcester MA 01610 has been listed for 20 days (since May 7, 2026).
Annual property taxes are $16,560 (2025), on an assessed value of $1,168,000.
At $1,580,000 for 10,450 sqft, that's about $151 per square foot.
17 total parking spaces (paved drive, shared driveway, off street, common, paved).
5 Claremont Street, Worcester MA 01610 is in Worcester, Worcester County, MA 01610.