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New
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$3,300,000

For Sale

10 hours ago

59 Dover St, Worcester, MA

House

MLS® 73496378

36 Bed

12 Bath

12428 sqft

5 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 12428 sqft
Garage Yes
Taxes $26,363
Days Active 0
Lot Size 
Approx. Age 1905
Avg. Price Per Sqft $265
MLS® Number 73496378

Property Address: 59 Dover St, Worcester, MA, 01609

Average square foot calculated using Size range provided by listing agent.

Description

3-building, 9-unit multifamily bundle in Worcester's WPI District. 59 Dover St (3BR/3BR/3BR + garage, 3, 004 SF), 172 Russell St (5BR/5BR/5BR, 4, 712 SF), 176 Russell St (4BR/4BR/4BR, 3, 972 SF). Combined 11, 688 SF, built 1905-1915. Stabilized gross income $333, 000/yr with $12, 600 in scheduled increases. All units leased at market rent with near-zero vacancy driven by WPI student demand — 5, 800+ students, only first-years guaranteed housing. 172 & 176 Russell are adjacent, offering management efficiencies. 172 Russell is the highest-income property at $136, 800/yr. Most units extensively renovated with updated kitchens and modern finishes. Part of a larger 10-building, 30-unit WPI District Portfolio — remaining buildings also available individually or in additional bundles. Worcester County multifamily volume hit $710M in 2025 (3x 2024). Sellers are open to offers for the entire portfolio or individual groupings/buildings, creating a flexible acquisition opportunity. See MLS# 7348855
MLS® Number73496378
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1905
Basement
DrivewayPaved Drive, Off Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 6, 2026List Date
$3,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
59 Dover St, Worcester, MA

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