GalvinGroup logo
617-436-2000

172-176 Russell Street, WPIWorcester, MA 01609Price: $9,900,000

  • Price: $9,900,000
  • Est. Mortgage of $/month
  • 58 Days on Market
PrintSave Favorite
$
$
%
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $9,900,000List Price
  • 99Bedrooms
  • 36Bathrooms
  • 2.3Acreage
  • 9,999Square Feet
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609
172-176 Russell Street Worcester MA 01609

Listing Tools

Listed by Brody Murphy Novak Group of Douglas Elliman Real Estate - Park Plaza
Rare 10-building, 30-unit multifamily portfolio on Worcester's desirable West Side, steps from WPI. Offered at $9,900,000 ($330K/unit, 7.1% cap). Stabilized projected 2026-2027 gross income of $1,065,600 with NOI of $699,282. Portfolio features a mix of 2BR-5BR apartments plus 4 garage spaces across 10 three-unit buildings. Most units have been extensively renovated and are in good condition. Student-driven tenant base provides reliable demand, scheduled annual turnover aligned with the academic calendar, and historically near-zero vacancy. Located in Worcester's most stable and sought-after rental submarket with strong rent growth and consistent off-campus housing demand. Sellers are open to offers for the entire portfolio or individual groupings/buildings, creating a flexible acquisition opportunity. Full Offering Memorandum attached to MLS.

Property Details of 172-176 Russell Street, WPI

Property Details

Interior Features

Community

Other Details

Map Location

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Galvin Group. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.