Off Market
5 Claremont St, Worcester, MA
Worcester · MA 01610
- $1,345,000
- Price
- 17
- Beds
- 4
- Baths
- 10450
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1896
Units:
17 Units
Lot size:
0.68 Acre Lot
Price per square foot:
$129 / Sq.Ft
Parking:
17 Off Street Spaces
About this home
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.
Neighborhood & Transit
South Worcester
5 Claremont St, Worcester · MA 01610
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:
- 181 days
- Listing Price:
- $1,345,000
- Price per Sq.Ft:
- $129
- Tax Assessment:
- $1,168,000 in 2025
- Taxes:
- $1,380 / Monthly
Home Facts
Interior Features
- Bedrooms
- 17
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 10,450 Sq.Ft
- Broker Disclosure about Living Area
- Bedrooms are rented individually; shared kitchens (2) and bathrooms (4) among all tenants.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 10450
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 220 Volts, Circuit Breakers, Other (See Remarks)
Exterior Features
- Lot Size
- 29,768 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 17 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Aluminum, Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- DelRose McShane Team
- Listing office
- Coldwell Banker Realty - Belmont
- MLS PIN #
- 73514871
- Disclosure
- Rent specifics can be shared upon request. More pictures coming soon!
- Disclosure
- Bedrooms are rented individually; shared kitchens (2) and bathrooms (4) among all tenants.
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