5 Claremont St, Worcester, MA, 01610
About This Home
Rare opportunity to acquire a high-performing, cash-flowing asset in the heart of Main South neighborhood near Clark University. Featuring a 17 bedroom lodging-style property generating strong in-place income, making it an ideal addition to any investor’s portfolio. The property offers a diversified rent roll with consistent demand driven by its prime location, access to public transportation, and proximity to local universities, employers, and amenities. Current operations provide immediate cash flow, with additional upside through rent optimization and improved management efficiencies. Situated on an oversized lot, this asset presents compelling future development potential, including the possibility to expand, add additional units, or explore condo conversion (buyer to perform due diligence). The combination of strong existing income and long-term redevelopment optionality makes this a unique offering in today’s market.
Getting Around
Walker's Paradise
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1896
Materials
- Foundation: Concrete Perimeter,Stone,Brick/Mortar
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 5+ Family - Rooming House
Interior
Appliances
- Laundry features: Electric Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 17
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Hardwood
- Finished area above ground: 10,450
Interior Area
- Total structure area: 10,450
- Total interior livable area: 10,450 sqft
Property
Details
- Parcel number: 1768060
- Zoning: RG-5
Features
- Patio & porch: Porch
Lot
- Lot size: 0.68 Acres
- Features: Corner Lot,Additional Land Avail.,Gentle Sloping
Parking
- Total spaces: 17
- Parking features: Paved Drive,Shared Driveway,Off Street,Common,Paved
- Has uncovered spaces: Yes
- Uncovered spaces: 17
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,801 | $81,612 |
| Home Insurance * | $749 | $8,988 |
| Property Taxes | $2,308 | $27,696 |
| Electricity | $2,060 | $24,728 |
| Total | $11,918 | $143,016 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Listed for sale | $1,580,000 |
| 2026-02-24 | Listing removed | $1,999,000 |
| 2026-01-09 | Contingent | $1,999,000 |
| 2025-11-18 | Listed for sale | $1,999,000 |
| 2022-06-23 | Sold | $1,170,000 |
| 2022-04-15 | Listed for sale | $1,200,000 |
| 2019-01-24 | Sold | $885,000 |
| 2017-12-03 | Listing removed | $885,000 |
| 2017-11-14 | Price change | $885,000 |
| 2017-09-20 | Price change | $895,000 |
| 2017-09-06 | Price change | $910,000 |
| 2017-03-06 | Price change | $975,000 |
| 2017-02-06 | Price change | $985,000 |
| 2016-09-22 | Price change | $990,000 |
| 2016-09-08 | Listed for sale | $995,000 |
| 2004-10-22 | Sold | $410,000 |
For Sale by Agent
View on Zillow