$890,000
SOLD JUN 9, 2025

78 Elm St Worcester, MA 01609

Elm Park Neighborhood
8 Beds
5 Baths
3,475 Sq Ft
6,533 Sq Ft Lot

Recently Sold

$256 Per Sq Ft

11% Above List Price

9 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Porch

About This Home

As of June 2025

Prime Investment Opportunity – Updated 5-Unit Property in Worcester!Welcome to 78 Elm Street, a well-maintained 5-unit multifamily property ideally located in the heart of Worcester. This turnkey investment offers a strong rental history and excellent cash flow, making it a perfect addition to any investor’s portfolio.The property features a mix of spacious one and two-bedroom layouts, all fully leased at competitive market rents with room for future growth.Additional highlights include separate utilities, ample off-street parking, and a low-maintenance exterior. Conveniently located near local universities, hospitals, public transportation, and downtown Worcester’s shops and restaurants, this property is a smart buy in a fast-growing rental market. Monthly rent of $7,790

Last Agent to Sell the Property

Enis Shehu

Cameron Real Estate Group - Framingham Listed on: 04/09/2025

Last Buyer's Agent

Johnny Long

PRIVI Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,642

Year Built

  • Built in 1890

Lot Details

  • 6,533 Sq Ft Lot
  • Cleared Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Listing and Financial Details

  • Total Actual Rent $7,790
  • Assessor Parcel Number 1764123

Community Details

Overview

  • 5 Units
  • Property has 2 Levels

Building Details

  • Water Sewer Expense $2,098
  • Operating Expense $6,876
  • Net Operating Income $86,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,642

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1890
  • Levels: 9
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full
  • Above Grade Finished Sq Ft: 2975
  • Below Grade Sq Ft: 500
  • Living Area: 3475
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AC0756
  • MAIN SO: AN6354

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2098

Lot Info

  • Parcel Number: 1764123
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6533
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6642

Multi Family

  • Net Operating Income: 86604
  • Number Of Units Total: 5
  • Operating Expense: 6876
  • Total Actual Rent: 7790
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 Prior Sale
06/09/2025 06/09/25 Sold $890,000 +11.4% $256 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $799,000 +85.0% $230 / Sq Ft
12/28/2022 12/28/22 Sold $432,000 +8.3% $162 / Sq Ft View Prior Sale
11/15/2022 11/15/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $399,000 -- $150 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Enis Shehu

    Cameron Real Estate Group - Framingham

    Enis Shehu
    Section Image

  • J

    Buyer's Agent in 2025

    Johnny Long

    PRIVI Realty LLC

    Section Image
  • Brenda Demers

    Seller's Agent in 2022

    Brenda Demers

    Barrett Sotheby's International Realty

    (508) 779-7777

    2 in this area

    70 Total Sales

    Brenda Demers
    Section Image
  • Sherri Quist

    Buyer's Agent in 2022

    Sherri Quist

    Compass

    (617) 359-1191

    1 in this area

    61 Total Sales

    Sherri Quist
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73356874

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Worcester 01609 Elm Park

78 Elm St, Worcester, MA

Sold

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