$799,000

78 Elm St Worcester, MA 01609

$9,488
Closing credit¹
8 beds
5 full
3,475 sqft
0.1 acres
$230 / sqft
Multi-Family

Property details

About 78 Elm St

Prime Investment Opportunity – Updated 5-Unit Property in Worcester!Welcome to 78 Elm Street, a well-maintained 5-unit multifamily property ideally located in the heart of Worcester. This turnkey investment offers a strong rental history and excellent cash flow, making it a perfect addition to any investor’s portfolio.The property features a mix of spacious one and two-bedroom layouts, all fully leased at competitive market rents with room for future growth.Additional highlights include separate utilities, ample off-street parking, and a low-maintenance exterior. Conveniently located near local universities, hospitals, public transportation, and downtown Worcester’s shops and restaurants, this property is a smart buy in a fast-growing rental market. Monthly rent of $7,790

Highlights

Home typeMulti Family
StatusActive
Size3,475 sqft
BasementYes
Lot size0.15 Acres
Year built1890
ParkingPaved Drive
MLS #73356874

Summary

  • MLS Number: 73356874
  • MLS Name: MLS Property Information Network
  • Office Name: Cameron Real Estate Group - Framingham
  • Office Phone: (617) 999-6014
  • Listing Agent: Enis Shehu

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a porch and a balcony

$799,000

78 Elm St

$9,488

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 30, 2021
Home Sold
$243,750
Nov 17, 1999
Home Sold
$82,500

Tax history

YearAssessmentProperty Tax
2024$446,300$6,137
2023$478,900$6,867
2022$391,800$5,959
2021$277,900$4,524
2020$242,100$4,116
2019$237,900$4,282

History based on county public records data.

Nearby schools

3

Elm Park Community

Public District KG-6

0.3 mi

23 N Ashland St

5

Chandler Elementary Community

Public District KG-6

0.3 mi

114 Chandler St

4

Jacob Hiatt Magnet

Public Magnet PK-6

0.6 mi

772 Main St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,895. Most Worcester, MA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

27%
<35k
57%
35k-100k
13%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

77%
Single, No Kids
7%
Single, with Kids
10%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
48%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • UFCUFC
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • Burger KingBurger King
  • StarbucksStarbucks

What do the neighbors drive?

  • PontiacPontiac
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 78 Elm St in Worcester, MA and zip code 01609 in the Elm Park neighborhood. This 3,475 square foot home, which was built in 1890, sits on a 0.15 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $799,000.

Over 49 listings were sold over their listed price in March 2025 in Worcester, MA. In the same period over 29 listings were sold below the listed price and 17 listings were sold for the listed price. The number of listings in Worcester, MA increased by 12.5% between February and March 2025. In March 2025 median list price was $454,416 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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