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.
For sale
Price cut: $30K (9/15)
$700,000
5 Freeland Ter, Worcester, MA 01603
9beds
3,198sqft
3 Family
Built in 1890
-- sqft lot
$691,000 Zestimate®
$219/sqft
$-- HOA
What's special
Spacious unitRecently renovatedFreshly updated
- 22 days
- 432
- 23
Zillow last checked:
Listing updated:
Listed by:
John Snyder 508-425-1245,
Redfin Corp. 617-340-7803
Source: MLS PIN,MLS#: 73568993
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Electric
Appliances
- Included: Range, Refrigerator
Features
- Living Room, Kitchen, Family Room
- Windows: Insulated Windows
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,198
- Total interior livable area: 3,198 sqft
- Finished area above ground: 3,198
Property
Features
- Fencing: Fenced/Enclosed
Lot
- Size: 2,860 Square Feet
Details
- Parcel number: M:07 B:013 L:00004,1768833
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Park, Highway Access, University
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $491,900
- Annual tax amount: $6,488
- Date on market: 9/7/2026
- Total actual rent: 0
Estimated market value
$691,000
$656,000 - $726,000
$2,454/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $700,000-4.1%$219/sqft |
Source: MLS PIN #73568993 Report a problem | ||
| 8/27/2026 | Listed for sale | $730,000+5.8%$228/sqft |
Source: MLS PIN #73568993 Report a problem | ||
| 5/25/2026 | Listing removed | $690,000$216/sqft |
Source: MLS PIN #73454589 Report a problem | ||
| 5/11/2026 | Price change | $690,000-0.7%$216/sqft |
Source: MLS PIN #73454589 Report a problem | ||
| 4/11/2026 | Listed for sale | $695,000$217/sqft |
Source: MLS PIN #73454589 Report a problem | ||
| 4/2/2026 | Contingent | $695,000$217/sqft |
Source: MLS PIN #73454589 Report a problem | ||
| 3/11/2026 | Price change | $695,000-2.1%$217/sqft |
Source: MLS PIN #73454589 Report a problem | ||
| 1/26/2026 | Listed for sale | $710,000-1.4%$222/sqft |
Source: MLS PIN #73454589 Report a problem | ||
| 12/26/2025 | Listing removed | $720,000$225/sqft |
Source: MLS PIN #73454589 Report a problem | ||
| 11/13/2025 | Listed for sale | $720,000+8.3%$225/sqft |
Source: MLS PIN #73454589 Report a problem | ||
| 4/19/2024 | Sold | $665,000+4.1%$208/sqft |
Source: MLS PIN #73210143 Report a problem | ||
| 3/14/2024 | Contingent | $639,000$200/sqft |
Source: MLS PIN #73210143 Report a problem | ||
| 3/8/2024 | Listed for sale | $639,000+44.6%$200/sqft |
Source: MLS PIN #73210143 Report a problem | ||
| 1/29/2021 | Sold | $442,000+2.8%$138/sqft |
Source: Public Record Report a problem | ||
| 11/28/2020 | Pending sale | $429,900$134/sqft |
Source: weRENTcentralmass #72758592 Report a problem | ||
| 11/18/2020 | Listed for sale | $429,900+186.6%$134/sqft |
Source: weRENTcentralmass #72758592 Report a problem | ||
| 8/15/2013 | Listing removed | $850 |
Source: Postlets Report a problem | ||
| 7/17/2013 | Listed for rent | $850 |
Source: Zillow Rental Network Report a problem | ||
| 11/2/2009 | Sold | $150,000+103.4%$47/sqft |
Source: Public Record Report a problem | ||
| 2/10/2009 | Sold | $73,750-48.4%$23/sqft |
Source: Public Record Report a problem | ||
| 5/29/2008 | Listing removed | $142,900$45/sqft |
Source: MLS Property Information Network #70737647 Report a problem | ||
| 5/24/2008 | Price change | $142,900-4.7%$45/sqft |
Source: MLS Property Information Network #70737647 Report a problem | ||
| 4/27/2008 | Listed for sale | $150,000-36.7%$47/sqft |
Source: MLS Property Information Network #70737647 Report a problem | ||
| 8/16/2007 | Sold | $237,150-26.1%$74/sqft |
Source: Public Record Report a problem | ||
| 9/1/2005 | Sold | $321,000+19.3%$100/sqft |
Source: Public Record Report a problem | ||
| 9/30/2004 | Sold | $269,000+64.8%$84/sqft |
Source: Public Record Report a problem | ||
| 2/28/2002 | Sold | $163,265$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,488 +9% | $491,900 +13.7% |
| 2024 | $5,951 +4.2% | $432,800 +8.6% |
| 2023 | $5,713 -2.3% | $398,400 +3.6% |
| 2022 | $5,850 +35.5% | $384,600 +45% |
| 2021 | $4,317 +8.6% | $265,200 +13.4% |
| 2020 | $3,975 +17.3% | $233,800 +24.2% |
| 2019 | $3,389 +2.5% | $188,300 +7.7% |
| 2018 | $3,305 +6.9% | $174,800 +8.6% |
| 2017 | $3,092 +3.5% | $160,900 +11% |
| 2016 | $2,986 +2.7% | $144,900 |
| 2015 | $2,908 +2.7% | $144,900 |
| 2014 | $2,831 +4.5% | $144,900 -0.6% |
| 2013 | $2,709 +6.8% | $145,800 -2.4% |
| 2012 | $2,537 -2.8% | $149,400 -13.3% |
| 2010 | $2,610 -22.8% | $172,300 -31.2% |
| 2009 | $3,380 -12.2% | $250,400 -18.5% |
| 2008 | $3,851 +6.6% | $307,100 +2.9% |
| 2007 | $3,612 +16.5% | $298,500 +20.6% |
| 2006 | $3,101 +1.9% | $247,500 +7.2% |
| 2005 | $3,043 +27.1% | $230,900 +42.3% |
| 2004 | $2,394 +13.5% | $162,300 +24.4% |
| 2003 | $2,109 +38.5% | $130,500 +53% |
| 2002 | $1,523 +18.6% | $85,300 +22.7% |
| 2000 | $1,284 -7.4% | $69,500 -6.5% |
| 1997 | $1,387 | $74,300 |
Find assessor info on the county website
Monthly payment
Est. payment





