8-12 & 16 Oread Street presents a compelling opportunity to acquire a centrally located SRO-style residential asset in the heart of Worcester, one of Massachusetts' fastest-growing urban economies. Consisting of 45 rooms & 16 bathrooms with an additional buildable lot positioned just off Main Street, the property benefits from walkable access to downtown employers, educational institutions, transit options, and Worcester's expanding cultural and entertainment destinations. This location continues to experience strong demand from workforce residents, students, and service-sector tenants seeking attainable housing close to jobs, transit, and amenities.The asset sits within an established residential and mixed-use corridor undergoing steady reinvestment, offering buyers the chance to capitalize on growing local momentum. Investors seeking a stable, walkable urban location with long-term upside will find this property well-positioned for both immediate performance and future growth.
| MLS # | 73485885 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 183 |
| Listing Provided By | Realty Solutions | David R. Eldredge |
| Bed(s) | 45 |
|---|---|
| Bath(s) | 16 Total |
| SQ Feet | 17,106 |
| Basement | Y |
| Story(s) | 5 |
| Units | 45 |
| Zoning | RG-5 |
| Acreage | 0.21 |
| Property View | Yes |
| Rooms Total | 45 |
|---|---|
| Window Features | Insulated Windows |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood, Vinyl |
| Roof | Rubber |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Granite |
| Lot Features | Cleared |
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Street, Driveway |
| Open Parking Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Tax Annual Amount | 15088 |
|---|---|
| Tax Assessed Value | 1143900 |
| Tax Year | 2025 |
| Community Features | Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Sidewalks |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Worcester |
| City | Worcester |
| Zip Code | 01608 |
| Area | Worcester |
| Listing VS Median (in 01608) | |
Price: $2,100,000 low | high Med: $165,000 sqft: 17,106 low | high Med: 575 $ / sqft: $123 low | high Med: $287 On site: 183 low | high Med: 46 | |
| State | MA |
|---|---|
| County | Worcester |
| City | Worcester |
| Zip Code | 01608 |
| Area | Worcester |
| Listing VS Median (in 01608) | |
Price: $2,100,000 low | high Med: $165,000 sqft: 17,106 low | high Med: 575 $ / sqft: $123 low | high Med: $287 On site: 183 low | high Med: 46 | |
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