Open House: Sat 8/29 10:00 AM
22
5 Freeland Ter, Worcester, MA 01603
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$730,000
3 Unit
9 Beds
3 Baths
3198 SQFT
0.07 Acre

Property Description

You can send your kids to college completely for free just by living in this freshly updated, fully vacant three-decker home at 5 Freeland Terrace. This is a life-changing opportunity for a hardworking family to stop paying rent, build real wealth, and secure a bright future. By living in one spacious unit and renting out the other two floors, your tenants will help pay your mortgage while you gain a path to higher education that usually feels out of reach. This rare property sits in a special neighborhood zone where anyone who lives here for five consecutive years qualifies to attend Clark University tuition-free. This massive benefit applies to you, your kids, extended family, and even your tenants, making it incredibly easy to find renters. To qualify for this amazing program, a person just needs to live in this neighborhood zone for at least five full, continuous years before starting college, apply and meet Clark University's standard academic rules to get in, and remember that while the scholarship pays for 100% of the tuition, families still cover housing, food, and books. Units 1 & 3 are certified deleaded and because the entire building is recently renovated and completely empty, you can move right in, choose your own tenants, or maximize your cash flow by exploring room-by-room student rentals.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, Park, Public Transportation, University
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Family Room, Kitchen, Living Room
  • Common Appliances: Range, Refrigerator
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater

Financial

  • APOD Available: No

Utilities

  • Energy Features: Insulated Windows
  • 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
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73568993
  • Last Updated: 08/27/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/27/2026New$730,000$228MLSPIN
06/16/2026Expired$690,000$216MLSPIN
05/25/2026Temporarily Withdrawn$690,000$216MLSPIN
05/15/2026Active$690,000$216MLSPIN
05/11/2026Price Change$690,000$216MLSPIN
04/15/2026Active$695,000$217MLSPIN
04/11/2026Back on Market$695,000$217MLSPIN
04/02/2026Contingent$695,000$217MLSPIN
03/14/2026Active$695,000$217MLSPIN
03/10/2026Price Change$695,000$217MLSPIN
01/30/2026Active$710,000$222MLSPIN
01/26/2026Back on Market$710,000$222MLSPIN
12/26/2025Temporarily Withdrawn$720,000$225MLSPIN
11/17/2025Active$720,000$225MLSPIN
11/13/2025New$720,000$225MLSPIN
04/22/2024Sold$665,000$208MLSPIN
03/28/2024Under Agreement$639,000$200MLSPIN
03/14/2024Contingent$639,000$200MLSPIN
03/11/2024Active$639,000$200MLSPIN
03/07/2024New$639,000$200MLSPIN

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Seller's Representative: John Snyder, Redfin Corp.
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 2026-08-27 11:22:00