Active
14 Days on market
5 Freeland Ter Worcester — Photo 1 of 22

5 Freeland Ter Worcester — Photo 1 of 22

$730,000

5 Freeland Ter, Worcester, MA 01603

Worcester, MA 01603

Beds

9

Baths

3

SqFt

3,198

Style

3 Family

Built

1890

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.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$228/sqft
Local Avg (Worcester)$221/sqft
3% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Worcester, MA.

Property Details

Financials

Original Price$730,000
Annual Taxes$6,488

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms18
FireplacesNone
Flooring--
BasementFull, Unfinished

Climate & Utilities

HeatingNatural Gas, Electric
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRG-5

Property & Lot

Acres0.07
SqFt Lot2,860
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Park • Highway Access • University

Geography

Property History

Listed
$730,000

Aug 27, 2026

MLS® 73568993

Terminated
$2,000

Jun 25, 2026

MLS® 73449838

Terminated
$2,100

Jun 25, 2026

MLS® 73448692

Expired
$690,000

Jun 15, 2026

MLS® 73454589

Listed
$690,000

Nov 13, 2025

MLS® 73454589

Listed
$2,000

Oct 30, 2025

MLS® 73449838

Listed
$2,100

Oct 28, 2025

MLS® 73448692

Population

20,868

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$66K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

50.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: John Snyder

Listing Office: Redfin Corp.

MLS® Number: 73568993

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