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$720,000
Total Beds: 9 Total Baths: 3
Total Units: 3 SQFT: 3198
LOT size: 0.07 Acres
5 Freeland Ter
Worcester, MA 01603
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Property Description

Spacious and full of natural light, this three-family property features three well-designed three-bedroom apartments just a few blocks from Clark University. The prime location on a side street while still offering outstanding convenience to the major routes, easy access to public transportation, shopping, and, making it ideal for both owner-occupants and investors. With two vacant and well-maintained units, you can choose one to owner occupy and build an equity by renting the other two. Each floor includes a generous living and dining rooms, eat-in kitchen and three well-sized bedrooms. The second floor is occupied by a long-term tenant who will stay. Investors will appreciate the low-maintenance exterior with vinyl siding, no driveway to care for, and a compact under 2,900sq.ft. yard that’s simple to manage. Additional income is generated by the coin-operated laundry in the basement. Parking is on-street. Schedule an appointment to see this opportunity!

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Family Room, Kitchen, Living Room
  • Common Interior Features: Bathroom with Shower Stall, Tile Floor
  • Common Appliances: Range, Refrigerator, Vent Hood
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 54000
  • Gross Expenses: 4823
  • Electric Expenses: 1080
  • INSC: 3743
  • Net Operating Income: 54000

Utilities

  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73454589
  • Last Updated: 11/17/25
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Tetyana Ivanina, Hive Property Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2025-11-17 03:05:00

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