Incredible investment opportunity just steps from Clark University. This well-located three-family property offers three spacious 2-bedroom units. Two of the units are currently rented on a tenant-at-will basis at $1,500/month each, below market rates, providing potential for increased cash flow. The third unit offers flexibility for an owner-occupant or additional rental income once leased. With strong rental demand from local professionals and students, this is an ideal addition to any investor’s portfolio. The property sits in a prime location just two blocks from Clark University and minutes from Main Street, with convenient access to restaurants, cafés, University Park, Crystal Park, and major commuter routes. Each unit features two bedrooms, one bath, and comfortable living areas, with the opportunity to add value through updates and modernization. The property also offers separate utilities and a manageable lot for low-maintenance ownership.
Multi-familyProperty Type
1918Year Built
6,480 sq ftLot Size
$227Est. Price/Sq.Ft.
Listed by Vision Realty Group• LAER Realty Partners
Clark University area - fully rented! Great income producing investment opportunity! This wonderful 3 family home lies within the Clark University Park Partnership Scholarship program area. Well maintained home with economical gas heat, washer & coin-op dryer in the basement, updated electrical, replacement windows & low maintenance vinyl siding. Separate gas & electric utilities with common areas on owner's meter.
MLS PIN #30577752
Mar 25, 2002
Sold
$184,000
$61/sq ft
Feb 11, 2002
Listing Removed
—
Feb 6, 2002
Listed
$189,900
$63/sq ft
CLARK UNIVERSITY PROGRAM - ONE WAY STREET - VINYL SIDED - 3 SEPARATE FURNACES & WATER TANKS - ELECTRIC NEEDS UPDATING - NEW WINDOWS & DELEADED ON FIRST FLOOR - HARDWOODS - PANTRIES IN KITCHEN - LAUNDRY CONNECTIONS-RENTS COULD BE HIGHER
Public Records
Jul 22, 1986
Sold
$151,000
$50/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,585 (+15.0%)
$81,200 + $378,000
$459,200
2022
$5,724 (+11.1%)
$65,000 + $311,300
$376,300
2021
$5,153 (+25.0%)
$52,000 + $264,500
$316,500
2020
$4,123 (−1.1%)
$51,600 + $190,900
$242,500
2019
$4,167 (+2.1%)
$45,000 + $186,500
$231,500
2018
$4,081 (+6.4%)
$45,000 + $170,800
$215,800
2017
$3,836 (+5.7%)
$45,000 + $154,600
$199,600
2016
$3,629 (+22.0%)
$32,500 + $143,600
$176,100
2014
$2,974 (+3.5%)
$32,500 + $119,700
$152,200
2013
$2,874 (+7.0%)
$36,800 + $117,900
$154,700
2012
$2,686 (−1.4%)
$36,800 + $121,400
$158,200
2011
$2,724 (+4.2%)
$56,300 + $113,300
$169,600
2010
$2,615 (−12.4%)
$56,300 + $116,300
$172,600
2009
$2,985
$79,000 + $142,100
$221,100
Tax history for 21-23 Clement St
Year
Property tax
Land + Additions
Assessment*
2023
$6,585 (+15.0%)
$81,200 + $378,000
$459,200
2022
$5,724 (+11.1%)
$65,000 + $311,300
$376,300
2021
$5,153 (+25.0%)
$52,000 + $264,500
$316,500
2020
$4,123 (−1.1%)
$51,600 + $190,900
$242,500
2019
$4,167 (+2.1%)
$45,000 + $186,500
$231,500
2018
$4,081 (+6.4%)
$45,000 + $170,800
$215,800
2017
$3,836 (+5.7%)
$45,000 + $154,600
$199,600
2016
$3,629 (+22.0%)
$32,500 + $143,600
$176,100
2014
$2,974 (+3.5%)
$32,500 + $119,700
$152,200
2013
$2,874 (+7.0%)
$36,800 + $117,900
$154,700
2012
$2,686 (−1.4%)
$36,800 + $121,400
$158,200
2011
$2,724 (+4.2%)
$56,300 + $113,300
$169,600
2010
$2,615 (−12.4%)
$56,300 + $116,300
$172,600
2009
$2,985
$79,000 + $142,100
$221,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
—
Sq. Ft.
3,036
Year built
1918
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
1769902
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 25, 2025.
Property details
Parking
Parking Information
Has Open Parking
Open Parking Spaces: 0
Parking Features: Paved Drive
Interior
Bathroom Information
# of Bathrooms (Full): 3
Interior Features
# of Rooms (Total): 15
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: N
Exterior
Building Information
Building Area (Total): 3,036
Foundation Details: Concrete Perimeter, Block
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Property Information
PropertySubType: 3 Family
Above Grade Finished Area: 3036
Levels: 3
Lot Information
Lot Size (Acres): 0.15
Financial
Tax Information
Tax Annual Amount: $7,450
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: Main Street to Clement Street
UnparsedAddress: 21-23 Clement St, Worcester MA 01603
Community Information
Senior CommunityYN: No
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 3,036
Stories: 3.0
Lot Size: 6,534 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1918
Year Renovated: —
County: Worcester County
APN: 1769902
Home facts updated by county records on Jul 24, 2025
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Goddard School of Science & Technology
Public PreK-6 • Assigned • 0.2mi
5/10
University Pk Campus School
Public 7-12 • Assigned • 0.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Worcester, MA • 01603
Average low and high temperatures (°F)
31
18
34
20
50
31
60
40
68
50
79
61
83
65
79
60
74
56
61
46
50
36
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$655,000 – $793,000
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