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For Sale

5 Freeland Ter, Worcester MA 01603

Worcester, MA 01603

$700K
9 BD · 3 BA · 3,198 sf · 0.07 ac · Built 1890
The residence

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.

At a glance
Property type
3 Family
Status
Active
Year built
1890
Lot size
0.07 acres
Living area
3,198 sf
MLS#
224f43408aed87f403d5e2a7d810be3e
Beds · Baths
9 · 3
Location

Worcester, MA.

Worcester is a hill city of triple-deckers, mills turned to new use, and a revived downtown around the theatre and the canal district. It sits at the crossing of the Mass Pike and I-290, roughly midway between Boston and the Connecticut River.

Estimated Monthly Payment+
$3K/mo
Approximate · principal & interest only
Display Currency
$700K

Indicative conversion — settlement always in USD.

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Listing courtesy of Redfin Corp. · MLSPIN

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Listings updated Sep 18, 2026

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