$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
  • 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
  • LIST PRICE PER Sq Ft: 229.93
  • PRICE PER Sq Ft: 256.12
  • 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 Area: 0.15
  • Lot Size Sq Ft: 6533
  • Lot Size Units: Acres
  • PAGE: 67

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6642
  • Tax Book Number: 65523

Multi Family

  • Gross Income: 93480
  • 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 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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Range of Values:

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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 Change Sq Ft Price
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
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

  • Enis Shehu

    Seller's Agent in 2025

    Enis Shehu

    Cameron Real Estate Group - Framingham

    (508) 451-6333

    1 in this area

    22 Total Sales

    Enis Shehu
    Section Image
  • Johnny Long

    Buyer's Agent in 2025

    Johnny Long

    PRIVI Realty LLC

    (617) 275-1415

    1 in this area

    134 Total Sales

    Johnny Long
    Section Image
  • Brenda Demers

    Seller's Agent in 2022

    Brenda Demers

    Barrett Sotheby's International Realty

    (508) 779-7777

    2 in this area

    65 Total Sales

    Brenda Demers
    Section Image
  • Sherri Quist

    Buyer's Agent in 2022

    Sherri Quist

    Compass

    (617) 359-1191

    1 in this area

    68 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

This home is located at 78 Elm St, Worcester, MA 01609 and is currently priced at $890,000, approximately $256 per square foot. This property was built in 1890. 78 Elm St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Elm Park Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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