Off Market
59 Dover St, Worcester, MA
Worcester · MA 01609
- $3,300,000
- Price
- 36
- Beds
- 12
- Baths
- 12428
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1905
Units:
9 Units
Lot size:
0.32 Acre Lot
Price per square foot:
$266 / Sq.Ft
Parking:
1 Garage Space · 4 Off Street Spaces
About this home
3-building, 9-unit multifamily bundle in Worcester's WPI District. 59 Dover St (3BR/3BR/3BR + garage, 3,004 SF), 172 Russell St (5BR/5BR/5BR, 4,712 SF), 176 Russell St (4BR/4BR/4BR, 3,972 SF). Combined 11,688 SF, built 1905-1915. Stabilized gross income $333,000/yr with $12,600 in scheduled increases. All units leased at market rent with near-zero vacancy driven by WPI student demand ? 5,800+ students, only first-years guaranteed housing. 172 & 176 Russell are adjacent, offering management efficiencies. 172 Russell is the highest-income property at $136,800/yr. Most units extensively renovated with updated kitchens and modern finishes. Part of a larger 10-building, 30-unit WPI District Portfolio ? remaining buildings also available individually or in additional bundles. Worcester County multifamily volume hit $710M in 2025 (3x 2024). Sellers are open to offers for the entire portfolio or individual groupings/buildings, creating a flexible acquisition opportunity. See MLS# 7348855
Neighborhood & Transit
WPI
59 Dover 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:
- 195 days
- Listing Price:
- $3,300,000
- Price per Sq.Ft:
- $266
- Tax Assessment:
- $999,999 in 2025
- Taxes:
- $2,197 / Monthly
Home Facts
Interior Features
- Bedrooms
- 36
- Full Bathrooms
- 12
- Half Bathrooms
- 0
- Living Area
- 12,428 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 12428
- 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
- 13,924 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 1 Parking Space
- Off Street Parking
- 4 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 #
- 73496378
- Disclosure
- Buyer and Buyer’s agent are responsible for conducting their own due diligence and independently verifying all information.