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You are here:
Home Massachusetts Worcester Multi-Family Homes for Sale

5 Freeland Ter Worcester, MA 01603

22 Days on Boston Pads
35 Photos
$720,000
3 Unit
9 Beds
3 Baths
3198 SQFT
0.07 Acre
5 Freeland Ter
Worcester, MA 01603

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 Overview

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

Date Event Price Price/Sq Ft Source
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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Map & Resources

University Park Campus School

Public Secondary School, Grades: 7-12

0.04mi

Goddard School/Science Technical

Public Elementary School, Grades: PK-6

0.07mi

Clark University

University

0.13mi

Clark University

University

0.13mi

Clark University (Clark University)

University

0.29mi

Clark University (Clark University)

University

0.29mi

Central Massachusetts SPED Collaborative - Woodward Day School

Collaborative Program

0.32mi

Canterbury School

Public Elementary School, Grades: PK-6

0.44mi

Beatnik's

Bar

0.6mi

The Bistro

Cafe

0.24mi

The Den

Cafe

0.27mi

Jazzman’s

Cafe

0.35mi

IKrave cafe

Cafe

0.35mi

Belen Casa de Pan

Cafe

0.36mi

Seven Hills Cafe

Cafe

0.61mi

Acoustic Java Café and Roastery

Cafe

0.69mi

Family Health Center of Worcester

Hospital

0.91mi

Fairlawn Rehabilitation Hospital

Hospital

0.91mi

Clark University Police

Police

0.3mi

College of the Holy Cross Public Safety

Police

1.08mi

Webster Square Fire Station

Fire Station

0.43mi

Worcester Fire Department

Fire Station

0.63mi

Cinema 360

Cinema

0.33mi

Daniels Theater

Theatre

0.34mi

Michelson Theater

Theatre

0.4mi

Fitton Football Stadium

Stadium

0.86mi

Bickman Fitness Center

Fitness Centre

0.33mi

Dolan Field House

Sports Centre

0.18mi

Corash Tennis Courts

Sports Centre. Sports: Tennis

0.23mi

Kneller Athletic Center

Sports Centre

0.32mi

Filton Baseball Field

Sports Centre. Sports: Baseball

0.83mi

Sinnott Family Tennis Facility

Sports Centre. Sports: Tennis

0.87mi

Filton Field

Sports Centre. Sports: American Football

0.87mi

Clark University Softball Field

Sports Centre. Sports: Baseball

0.87mi

University Park

Municipal Park

0.16mi

Beaver Street Historic District

Park

0.26mi

South Worcester Playground

Municipal Park

0.53mi

Coes Park

Municipal Park

0.54mi

Columbus Park

Municipal Park

0.66mi

Columbus Park

Park

0.77mi

College Square

Park

0.82mi

Beaver Brook Park

Municipal Park

0.83mi

Coes Playground

Playground

0.62mi

Beaver Brook Playground

Playground

0.87mi

Grunauer Hair Salon

Hairdresser

0.35mi

Santana Company

Hairdresser

0.35mi

Studio 31 Tattoo Social Club

Tattoo

0.76mi

Familia Barber Shop

Hairdresser

0.79mi

OMG! Braces

Orthodontics

0.76mi

Gulf

Gas Station

0.82mi

Gulf

Gas Station

0.91mi

Goddard Branch Library

Library

0.09mi

Santiago's Market

Supermarket

0.07mi

Asian Supermarket

Supermarket

0.32mi

Price Chopper

Supermarket

0.37mi

America's Food Basket

Supermarket

0.78mi

Big Y

Supermarket

0.83mi

Price Rite

Supermarket

0.85mi

Shaw's

Supermarket

0.88mi

Rotmans Furniture

Furniture

0.77mi

Seller's Representative: Tetyana Ivanina, Hive Property Group
MLS ID#: 73454589

© 2025 MLS Property Information Network, Inc.. All rights reserved.

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