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8–12 & 16 Oread Street presents a compelling opportunity to acquire a centrally located SRO-style residential asset in the heart of Worcester, one ofMassachusetts’ fastest-growing urban economies. Consisting of 45 rooms & 16 bathrooms with an additional buildable lot positioned just off Main Street, theproperty benefits from walkable access to downtown employers, educational institutions, transit options, and Worcester’s expanding cultural and entertainmentdestinations. This location continues to experience strong demand from workforce residents, students, and service-sector tenants seeking attainable housingclose to jobs, transit, and amenities.The asset sits within an established residential and mixed-use corridor undergoing steady reinvestment, offering buyers thechance to capitalize on growing local momentum. Investors seeking a stable, walkable urban location with long-term upside will find this property well-positionedfor both immediate performance and future growth

More Info

Basic Information

  • Gross Income $372,000
  • Listing Terms Contract
  • Lot Features Additional Land Avail., Gentle Sloping
  • Mls StatusNew
  • Parcel Number M:0006 B:0029 L:00035,1767858
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $1,430,500
  • Tax Year 2026
  • Taxes$18,997

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces8

Rooms

  • Bathroom16
  • Bathrooms Total Decimal 16
  • Bedrooms75
  • Full Bath16

Basic Information

  • List Price$1,995,000
  • MLS Number73594482
  • Modification Date10/23/2026
  • Property SubType5+ Family - Rooming House

Location

  • Address12 Oread Street
  • Building Number12
  • CountyWorcester
  • StateMA
  • StreetOread Street
  • TownWorcester
  • Zip01610

Building

  • BasementFull, Partially Finished, Walk-Out Access, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationGranite
  • Levels 5
  • Rooms75
  • Stories5
  • Units75
  • Year Built1890
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.21

Exterior

  • RoofRubber

Utilities

  • Electric 220 Volts, Fuses, Circuit Breakers,200+ Amp Service
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 17,106
  • Lot Size Square Feet 9,340
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet17,106

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • University
  • Other AmenitiesBasement

Legal

  • ZoningRG-5

Other

  • Date Listed10/23/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by David R. Eldredge of Realty Solutions Inc.

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