$2,100,000

Estimated payment $12,064/month

45 Beds
16 Baths
17,106 Sq Ft
$123 Price per Sq Ft

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.

Listing Agent

David Eldredge

Realty Solutions Inc. Listed on: 03/12/2026

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,088

Year Built

Built in 1890

Lot Details

9,340 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - Rooming House
  • Year Built: 1890
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood, Vinyl
  • Fireplace YN: No
  • Total Bedrooms: 45
  • Basement YN: Yes
  • Full Bathrooms: 16
  • Total Bathrooms: 16
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Above Grade Finished Sq Ft: 17106
  • Living Area: 17106
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Insulated Windows
  • MAIN LO: AN0200

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 8
  • Open Parking YN: Yes
  • Parking Features: Off Street, Driveway
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:06 B:029 L:00035,1767858
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9340
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 15088

Multi Family

  • Net Operating Income: 16896
  • Number Of Units Total: 45
  • Total Actual Rent: 1408
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Not Resolvable $1,400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $960,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

David Eldredge

Realty Solutions Inc.

(508) 470-9786

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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

  • 678 Main St, Millis, MA 02054

    $520,000 Sold Sep 26, 2025

    • 3 Beds
    • 1 Bath
    • 1,122 Sq Ft
    • 678 Main St
    • Millis, MA

    Enjoy stylish single-level living in this updated 3-bedroom, 1-bath ranch in a desirable Millis neighborhood. Freshly painted with beautifully refinished hardwood floors, this home features a sun-filled living room with a classic brick fireplace and wood stove insert, a renovated full bath, and an updated kitchen that opens to a bright, window-lined porch—perfect as a dining area, playroom, or

    David Eldredge Realty Solutions Inc.

  • 1 Kerna Dr, Buzzards Bay, MA 02532

    $3,800

    • 3 Beds
    • 2 Baths
    • 1,448 Sq Ft
    • 1 Kerna Dr
    • Buzzards Bay, MA

    Looking for a peaceful getaway spot that's close to everything but far enough away? This recently updated 3-bedroom, 2 full baths, fully furnished, ranch style home with a beautiful view of Buttermilk Bay is conveniently located about a mile from the Bourne Bridge and the Cape Cod Canal in Buzzards Bay (mainland side of Bourne). This beautiful home has plenty of room for friends and family and

    David Eldredge Realty Solutions Inc.

    Section Image

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73485885

MLS Property Information Network (MLS PIN)

APN: WORC-000006-000029-000035

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