21 Clement St Worcester, MA 01603
University Park NeighborhoodEstimated payment $3,827/month
About This Home
Incredible investment opportunity just steps from Clark University. This well-located three-family property offers three spacious 2-bedroom units. Two of the units are currently rented on a tenant-at-will basis at $1,500/month each, below market rates, providing potential for increased cash flow. The third unit offers flexibility for an owner-occupant or additional rental income once leased. With strong rental demand from local professionals and students, this is an ideal addition to any investor’s portfolio. The property sits in a prime location just two blocks from Clark University and minutes from Main Street, with convenient access to restaurants, cafés, University Park, Crystal Park, and major commuter routes. Each unit features two bedrooms, one bath, and comfortable living areas, with the opportunity to add value through updates and modernization. The property also offers separate utilities and a manageable lot for low-maintenance ownership.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,450
Year Built
- Built in 1918
Lot Details
- 6,480 Sq Ft Lot
Home Design
- Block Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 3,036 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- Driveway
- Open Parking
Community Details
- 3 Units
- Net Operating Income $36,000
Listing and Financial Details
- Assessor Parcel Number M:08 B:014 L:00015
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/24/2025 11/24/25 | Pending | -- | -- | -- | |
| 11/18/2025 11/18/25 | Price Changed | $610,000 | -2.4% | $201 / Sq Ft | |
| 11/13/2025 11/13/25 | Price Changed | $625,000 | -3.7% | $206 / Sq Ft | |
| 11/10/2025 11/10/25 | For Sale | $649,000 | +185.3% | $214 / Sq Ft | |
| 09/02/2015 09/02/15 | Sold | $227,500 | -1.0% | $75 / Sq Ft | View Prior Sale |
| 08/03/2015 08/03/15 | Pending | -- | -- | -- | |
| 04/19/2015 04/19/15 | For Sale | $229,900 | -- | $76 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73453348
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