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5 Freeland Ter, Worcester, MA 01603

$730,000
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Active
BEDS9 BATHS3 full SQUARE FEET3,198 MLS#73568993
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

5 Freeland Ter | MLS# 73568993

This multi-family property located at 5 Freeland Ter, Worcester, MA 01603 is currently listed for sale with an asking price of $730,000. Search Worcester real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Fenced: Yes
Heating: Natural Gas, Electric
Lot Size: 0.07 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $6,488
Year Built: 1890

Amenities

Living Room
Kitchen
Family Room

Feature Descriptions

Appliances: Range, Refrigerator
Building Area Total: 3198
Community Features: Public Transportation, Park, Highway Access, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 17
Dwelling Type: 3 Family
Exterior: Frame
Fencing: Fenced/Enclosed
HeatingY/N: 1
Parcel Number: M:07 B:013 L:00004,1768833
Parking Total: 0
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
Rooms Total: 18
Sewer: Public Sewer
Units: 3
Water: Public
Window Features: Insulated Windows

Listed By / Shown By

Listed By

Agency Name: Redfin Corp.
Agent Name: John Snyder
Agency Phone: 617-340-7803

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Estimated Payment

$ 2,378.25 per month $1,624.66 Principal & Interest $540.67 Property Tax $212.92 Homeowner's Insurance

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