DanielleBallou
(508) 942-9508
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172-176 Russell St
Worcester, MA 01609

$9,900,000

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Listing Details

  • $9,900,000
  • MLS# 73488551
  • Type Multi Unit - Multiple
  • Status Active
  • 99
    Bedrooms
  • 36 full
    Bathrooms
  • 9,999
    Square Feet
  • 2.296 acres
    Lot Size
  • 9999
    Year Built
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Listed By

Agency Name: Douglas Elliman Real Estate - Park Plaza
Agent Name: Brody Murphy Novak Group
Agency Phone: 617-267-3500

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Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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Home Value Estimate

Description

Rare 10-building, 30-unit multifamily portfolio on Worcesters desirable West Side, steps from WPI. Offered at $9,900,000 ($330K/unit, 7.1% cap). Stabilized projected 2026-2027 gross income of $1,065,600 with NOI of $699,282. Portfolio features a mix of 2BR-5BR apartments plus 4 garage spaces across 10 three-unit buildings. Most units have been extensively renovated and are in good condition. Student-driven tenant base provides reliable demand, scheduled annual turnover aligned with the academic calendar, and historically near-zero vacancy. Located in Worcesters most stable and sought-after rental submarket with strong rent growth and consistent...read more

Features

  • 5.0 Stories
  • $86,074 Taxes
  • Public
  • Built in 9999
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Listed By

Agency Name: Douglas Elliman Real Estate - Park Plaza
Agent Name: Brody Murphy Novak Group
Agency Phone: 617-267-3500

agent picture

Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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954 Main Street
Walpole, MA 02081
(508) 942-9508
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 7:21:35 AM EST) or MLSPIN MLS (last updated Wed 06/03/2026 7:08:07 AM EST) or Cape Cod / Islands MLS (last updated Wed 06/03/2026 7:14:49 AM EST). Real estate listings held by brokerage firms other than Donahue Real Estate Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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