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For sale
  • Price cut: $30K (9/15)
    $700,000

    5 Freeland Ter, Worcester, MA 01603

    9beds
    3,198sqft
    : 
    $4,868/mo
    Get pre-qualified
    3 Family
    Built in 1890
    -- sqft lot
    $691,000 Zestimate®
    $219/sqft
    $-- HOA

    What's special

    Spacious unitRecently renovatedFreshly updated
    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.
    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

        DateEventPrice
        9/15/2026Price change$700,000-4.1%$219/sqft
        Source: MLS PIN #73568993 Report a problem
        8/27/2026Listed for sale$730,000+5.8%$228/sqft
        Source: MLS PIN #73568993 Report a problem
        5/25/2026Listing removed$690,000$216/sqft
        Source: MLS PIN #73454589 Report a problem
        5/11/2026Price change$690,000-0.7%$216/sqft
        Source: MLS PIN #73454589 Report a problem
        4/11/2026Listed for sale$695,000$217/sqft
        Source: MLS PIN #73454589 Report a problem
        4/2/2026Contingent$695,000$217/sqft
        Source: MLS PIN #73454589 Report a problem
        3/11/2026Price change$695,000-2.1%$217/sqft
        Source: MLS PIN #73454589 Report a problem
        1/26/2026Listed for sale$710,000-1.4%$222/sqft
        Source: MLS PIN #73454589 Report a problem
        12/26/2025Listing removed$720,000$225/sqft
        Source: MLS PIN #73454589 Report a problem
        11/13/2025Listed for sale$720,000+8.3%$225/sqft
        Source: MLS PIN #73454589 Report a problem
        4/19/2024Sold$665,000+4.1%$208/sqft
        Source: MLS PIN #73210143 Report a problem
        3/14/2024Contingent$639,000$200/sqft
        Source: MLS PIN #73210143 Report a problem
        3/8/2024Listed for sale$639,000+44.6%$200/sqft
        Source: MLS PIN #73210143 Report a problem
        1/29/2021Sold$442,000+2.8%$138/sqft
        Source: Public Record Report a problem
        11/28/2020Pending sale$429,900$134/sqft
        Source: weRENTcentralmass #72758592 Report a problem
        11/18/2020Listed for sale$429,900+186.6%$134/sqft
        Source: weRENTcentralmass #72758592 Report a problem
        8/15/2013Listing removed$850
        Source: Postlets Report a problem
        7/17/2013Listed for rent$850
        Source: Zillow Rental Network Report a problem
        11/2/2009Sold$150,000+103.4%$47/sqft
        Source: Public Record Report a problem
        2/10/2009Sold$73,750-48.4%$23/sqft
        Source: Public Record Report a problem
        5/29/2008Listing removed$142,900$45/sqft
        Source: MLS Property Information Network #70737647 Report a problem
        5/24/2008Price change$142,900-4.7%$45/sqft
        Source: MLS Property Information Network #70737647 Report a problem
        4/27/2008Listed for sale$150,000-36.7%$47/sqft
        Source: MLS Property Information Network #70737647 Report a problem
        8/16/2007Sold$237,150-26.1%$74/sqft
        Source: Public Record Report a problem
        9/1/2005Sold$321,000+19.3%$100/sqft
        Source: Public Record Report a problem
        9/30/2004Sold$269,000+64.8%$84/sqft
        Source: Public Record Report a problem
        2/28/2002Sold$163,265$51/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 01603

        Getting around

        90 / 100
        Very Walkable
        38 / 100
        Some Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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