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328 Highland St, Worcester, MA, 01602

10beds
5baths
5,371sqft
$1,149,900
$214price/sqft
$8,583/moest. monthly cost
$343,320/yrincome needed

About This Home

Rare, mixed-use opportunity in one of Worcester's most desirable neighborhoods. Currently a massive single family being used as a multi with attached carriage house. The oversized 0.41-acre lot, zoned RS-7, features a large single-family home offering approximately 5,500 SF of living space, 10+ bedrooms, and 2/3-car garage with a connected apartment above. Ideal for an owner-occupant looking to offset their mortgage with rental income, or an investor seeking immediate cash flow. The generous lot size presents excellent upside potential for an additional building, ADU or something larger. Located in the sought-after Highland St corridor and within easy reach of downtown Worcester, a short walk to WPI and moments to major routes and all Worcester has to offer. The property combines character, flexibility, and long-term upside in a location that continues to see strong demand. Ideal for investors seeking quality student housing, a value-add asset or someone requiring a work-live location. Also listed under MLS #73552434.

Getting Around

76
WalkingVery Walkable
32
TransitSome Transit
25
BikeSomewhat Bikeable

Schools

6/10
Midland Street SchoolGrades K-60.2 mi
4/10
4/10

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator,Freezer

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Flooring: Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 5,371

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 5,371
  • Total interior livable area: 5,371 sqft

Property

Details

  • Parcel number: M:11 B:012 L:00001,1773103
  • Zoning: RS-7
  • Exclusions: Seller Personal Belongings,Furniture And Fixtures

Features

  • Patio & porch: Porch,Deck
  • Exterior features: Porch,Deck

Lot

  • Lot size: 0.41 Acres

Parking

  • Total spaces: 12
  • Parking features: Attached,Paved Drive,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 10

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

  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Ice Storm

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

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

MonthlyAnnual
Mortgage $5,814$69,768
Home Insurance *$513$6,156
Property Taxes $1,197$14,364
Electricity $1,059$12,709
Total$8,583$102,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$294,274/yr
40% on housing$257,490/yr
45% on housing$228,880/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

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.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 01602$243
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01602$279
Worcester County$281

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)

No zestimate history available

Price History

DateEventPrice
2026-08-11Price change$1,099,000
2026-07-21Listed for sale$1,149,900
1998-08-28Sold$35,000
1996-09-03Sold$182,000

For Sale by Agent

AgentArcangelo Mariano
BrokerageMINQ Property Group LLC

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