12 Oread St Worcester, MA 01608
Beacon Brightly NeighborhoodEstimated payment $12,064/month
Highlights
- Medical Services
- Granite Flooring
- Porch
- City View
- Property is near public transit and schools
- 4-minute walk to Oread Castle Park
About This Home
8–12 & 16 Oread Street presents a compelling opportunity to acquire a centrally located SRO-style residential asset in the heart of Worcester, one of Massachusetts’ fastest-growing urban economies. Consisting of 45 rooms & 16 bathrooms with an additional buildable lot positioned just off Main Street, the property benefits from walkable access to downtown employers, educational institutions, transit options, and Worcester’s expanding cultural and entertainment destinations. This location continues to experience strong demand from workforce residents, students, and service-sector tenants seeking attainable housing close to jobs, transit, and amenities.The asset sits within an established residential and mixed-use corridor undergoing steady reinvestment, offering buyers the chance to capitalize on growing local momentum. Investors seeking a stable, walkable urban location with long-term upside will find this property well-positioned for both immediate performance and future growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,088
Year Built
- Built in 1890
Lot Details
- 9,340 Sq Ft Lot
- Cleared Lot
Home Design
- Frame Construction
- Rubber Roof
Interior Spaces
- 17,106 Sq Ft Home
- Insulated Windows
- City Views
Flooring
- Wood
- Granite
- Vinyl
Bedrooms and Bathrooms
- 45 Bedrooms
- 16 Full Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 8 Car Parking Spaces
- Driveway
- 8 Open Parking Spaces
- Off-Street Parking
Additional Features
- Porch
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number M:06 B:029 L:00035,1767858
Community Details
Overview
- 45 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Net Operating Income $16,896
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $2,100,000 | -- | $123 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $1,400,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $960,000 | Purchase Money Mortgage |
About the Listing Agent
David Eldredge has more than 40 years of real estate investment experience with a primary focus on multi-family buildings and property management. He bought his first 2-family residence at age 19 and by age 25 owned more than 100 apartments and 25,000 sf ft of commercial space along with overseeing a full-time staff of 25. David spent 10+ years in the financial services industry working with business owners and high new worth families to manage their investment portfolios for growth and capital
David's Other Listings
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73485885
APN: WORC-000006-000029-000035
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Ask me questions while you tour the home.