Property Description

10 Ellsworth Street is a fully occupied, well-maintained 5-unit multifamily in a high-demand Worcester neighborhood, featuring a rare mix of spacious 4-bedroom units and efficient 1-bedroom layouts. The property generates $10,038 per month in current rents with market potential of $10,700 per month, offering immediate upside through modest rent adjustments and light cosmetic improvements. The building is in excellent condition with updated systems, separate utilities, and minimal deferred maintenance, making it a low-effort, high-return addition to any portfolio. Located minutes from Clark University, Polar Park, downtown Worcester, and major commuter routes, the asset benefits from strong tenant demand and long-term rental stability. With a stabilized NOI of $83,577 and projected Year-2 NOI of $87,032, this property provides a compelling blend of cash flow, location, and future appreciation—perfect for investors looking to scale with a reliable Worcester asset.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 5
  • Total Bedrooms: 14
  • Total Full Baths: 5
  • Amenities: Conservation Area, House of Worship, Medical Facility, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Range, Refrigerator

Financial

  • APOD Available: Yes
  • Gross Operating Income: 120456
  • Net Operating Income: 120456

Utilities

  • 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: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73459724
  • Last Updated: 12/04/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/04/2025New$1,249,995$204MLSPIN
02/05/2025Sold$830,000$135MLSPIN
11/21/2024Under Agreement$850,000$138MLSPIN
11/07/2024Contingent$850,000$138MLSPIN
10/12/2024Active$850,000$138MLSPIN
10/08/2024Price Change$850,000$138MLSPIN
07/11/2024Active$945,000$154MLSPIN
07/07/2024New$945,000$154MLSPIN

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Seller's Representative: Candor Realty Group, Four Points Real Estate, LLC
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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MLS PIN data last updated at 2025-12-04 09:54:00