
5 Freeland Ter Worcester — Photo 1 of 22
Recent Drop: $30,000
$700,000
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.
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Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Worcester, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Park • Highway Access • University
Geography
Property History
$700,000
Was $730,000
Sep 15, 2026
MLS® 73568993
$730,000
Aug 27, 2026
MLS® 73568993
$2,000
Jun 25, 2026
MLS® 73449838
$2,100
Jun 25, 2026
MLS® 73448692
$690,000
Jun 15, 2026
MLS® 73454589
$690,000
Nov 13, 2025
MLS® 73454589
$2,000
Oct 30, 2025
MLS® 73449838
$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
1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: John Snyder
Listing Office: Redfin Corp.
MLS® Number: 73568993
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