




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
Schools
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
