5 Freeland Terrace Worcester, MA 01603
University Park NeighborhoodEstimated payment $4,550/month
Highlights
- Property is near public transit and schools
- Park
- Fenced
- Living Room
- Family Room
- 4-minute walk to Crystal Park
About This Home
You can send your kids to college completely for free just by living in this freshly updated, fully vacant three-decker home at 5 Freeland Terrace. This is a life-changing opportunity for a hardworking family to stop paying rent, build real wealth, and secure a bright future. By living in one spacious unit and renting out the other two floors, your tenants will help pay your mortgage while you gain a path to higher education that usually feels out of reach. This rare property sits in a special neighborhood zone where anyone who lives here for five consecutive years qualifies to attend Clark University tuition-free. This massive benefit applies to you, your kids, extended family, and even your tenants, making it incredibly easy to find renters. To qualify for this amazing program, a person just needs to live in this neighborhood zone for at least five full, continuous years before starting college, apply and meet Clark University's standard academic rules to get in, and remember that while the scholarship pays for 100% of the tuition, families still cover housing, food, and books. Units 1 & 3 are certified deleaded and because the entire building is recently renovated and completely empty, you can move right in, choose your own tenants, or maximize your cash flow by exploring room-by-room student rentals.
Listing Agent
JOHN SNYDER
Redfin Corp. Listed on: 08/27/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,488
Year Built
- Built in 1890
Lot Details
- 2,860 Sq Ft Lot
- Fenced
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,198 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Family Room
- Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Additional Features
- Property is near public transit and schools
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number M:07 B:013 L:00004,1768833
Community Details
Overview
- 3 Units
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,488 | $491,900 | $56,500 | $435,400 |
| 2024 | $5,951 | $432,800 | $56,500 | $376,300 |
| 2023 | $5,713 | $398,400 | $49,200 | $349,200 |
| 2022 | $5,850 | $384,600 | $39,300 | $345,300 |
| 2021 | $4,317 | $265,200 | $31,400 | $233,800 |
| 2020 | $3,975 | $233,800 | $31,200 | $202,600 |
| 2019 | $3,389 | $188,300 | $27,200 | $161,100 |
| 2018 | $3,305 | $174,800 | $27,200 | $147,600 |
| 2017 | $3,092 | $160,900 | $27,200 | $133,700 |
| 2016 | $2,986 | $144,900 | $20,700 | $124,200 |
| 2015 | $2,908 | $144,900 | $20,700 | $124,200 |
| 2014 | $2,831 | $144,900 | $20,700 | $124,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/27/2026 08/27/26 | For Sale | $730,000 | +9.8% | $228 / Sq Ft | |
| 04/19/2024 04/19/24 | Sold | $665,000 | +4.1% | $208 / Sq Ft | View Prior Sale |
| 03/11/2024 03/11/24 | Pending | -- | -- | -- | |
| 03/08/2024 03/08/24 | For Sale | $639,000 | +44.6% | $200 / Sq Ft | |
| 01/29/2021 01/29/21 | Sold | $442,000 | +2.8% | $138 / Sq Ft | View Prior Sale |
| 11/28/2020 11/28/20 | Pending | -- | -- | -- | |
| 11/18/2020 11/18/20 | For Sale | $429,900 | -- | $134 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73568993
APN: WORC-000007-000013-000004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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