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$9,900,000
99 Beds
36 Baths36 full baths
9,999sqft
172-176 Russell St, Worcester, MA 01609
$9,900,000
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Multi Family
Built in 9999
$-- HOA
2.3 acres lot
$990/sq.ft
Description
Rare 10-building, 30-unit multifamily portfolio in Worcester's desirable West Side, steps from WPI. Offered at $9,900,000 (7.1% cap, $330K/unit). Stabilized 2026-2027 gross income of $1,065,600 with NOI of $699,282. Unit mix includes 2BR-5BR apartments plus 4 garage spaces across 10 three-unit buildings. Most units have undergone extensive renovations and are in good condition. Student-driven tenant base provides consistent, scheduled annual turnover aligned with the academic calendar, keeping vacancy near zero. Located on Worcester's West Side — the city's most stable and desirable rental submarket — commanding higher rents than other areas. WPI (5820+ students, US News ...
Continue Reading- Houzeo last checked: 16 Minutes ago
- Listing updated: March 18, 2026 at 7:54 pm
- Listing Provided by: Brody Murphy Novak Group (617) 800-9008 | Douglas Elliman Real Estate - Park Plaza (617) 267-3500
- Source: MLS Property Information Network-MA | MLS#: 73488551
Property Details
Status
Active
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
--
Year Built
9999
HOA Fees
-
Finished Area
9,999 sqft
Lot Size
2.3 acres lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73488551
MLS Status
New
Days on Market
2
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