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5 Claremont St, Worcester, MA, 01610

17beds
4baths
10,450sqft
$1,580,000
$151price/sqft
$13,641/moest. monthly cost
$545,640/yrincome needed

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

91
WalkingWalker's Paradise
41
TransitSome Transit
52
BikeBikeable

Schools

4/10
Woodland AcademyGrades K-60.1 mi
4/10
5/10
Jacob Hiatt Magnet SchoolGrades PK-60.4 mi

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