Off Market
172-176 Russell St, Worcester, MA
Worcester · MA 01609
- $9,900,000
- Price
- 99
- Beds
- 36
- Baths
- 9999
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 9999
Units:
30 Units
Lot size:
2.3 Acres Lot
Price per square foot:
$990 / Sq.Ft
Parking:
4 Garage Spaces · 18 Off Street Spaces
About this home
Rare 10-building, 30-unit multifamily portfolio on Worcester?s desirable West Side, steps from WPI. Offered at $9,900,000 ($330K/unit, 7.1% cap). Stabilized projected 2026-2027 gross income of $1,065,600 with NOI of $699,282. Portfolio features a mix of 2BR-5BR apartments plus 4 garage spaces across 10 three-unit buildings. Most units have been extensively renovated and are in good condition. Student-driven tenant base provides reliable demand, scheduled annual turnover aligned with the academic calendar, and historically near-zero vacancy. Located in Worcester?s most stable and sought-after rental submarket with strong rent growth and consistent off-campus housing demand. Sellers are open to offers for the entire portfolio or individual groupings/buildings, creating a flexible acquisition opportunity. Full Offering Memorandum attached to MLS.
Neighborhood & Transit
WPI
172-176 Russell St, Worcester · MA 01609
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 230 days
- Listing Price:
- $9,900,000
- Price per Sq.Ft:
- $990
- Tax Assessment:
- $999,999 in 2026
- Taxes:
- $7,173 / Monthly
Home Facts
Interior Features
- Bedrooms
- 99
- Full Bathrooms
- 36
- Half Bathrooms
- 0
- Living Area
- 9,999 Sq.Ft
- Broker Disclosure about Living Area
- Some information is incomplete due to MLS limitations. See OM for full details
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 9999
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 99,999 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 4 Parking Spaces
- Off Street Parking
- 18 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Brody Murphy Novak Group
- Listing office
- Douglas Elliman Real Estate
- MLS PIN #
- 73488551
- Disclosure
- All information is deemed reliable but not guaranteed. Some information may be incomplete due to MLS field limitations. Buyer and Buyer's Agent to independently verify all information and conduct their own due diligence.
- Disclosure
- Some information is incomplete due to MLS limitations. See OM for full details