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18 new condos in Downtown Worcester are for sale. Take a look

  • Posted by Homes Apr 17 - Filed in Homes - #Worcester  #Homes  #affordable  #condos  #Elm Street  - 19,575 views


    Photos and videos courtesy of Maloney Properties

    18 new condominiums in Downtown Worcester are now available for purchase on a first-come, first-served basis.

    The development at 22 Elm Street includes 5 single-bedroom units priced at $220,056, 11 2-bedroom units priced at $237,705, and 2 3-bedroom units priced at $263,414. Estimated monthly condo fees range from $225 for one-bedroom units to $375 for three-bedroom units. Parking will be available for an additional monthly charge.

    The units are expected to be completed in June.

    Prospective buyers must first complete an online income and asset eligibility application, which is available here. There is no deadline to apply, and applications are being reviewed as they are received.

    Property tours have begun, but officials emphasized that the building remains an active construction site and visitors must follow strict safety requirements. Individuals must complete a tour form before visiting, limit attendance to no more than 2 people, and wear closed-toe footwear. Visitors are instructed to wait at the Pearl Street entrance next to the parking garage until greeted by a representative.

    Tours can be scheduled online here. Applicants must submit their eligibility application before being invited to tour the property.

    As part of the purchasing process, applicants will also need to provide a pre-approval or pre-qualification letter from a lender. A list of lenders familiar with first-time homebuyer mortgage products is available here.

    Videos showcasing the available unit sizes are also available online:

    1-Bedroom Unit

    2-Bedroom Unit

    3-Bedroom Unit

    Questions about the project can be directed to Maloney Properties at 22Elm@MaloneyProperties.com or by calling (617) 837-3732. Officials noted that email is the fastest way to receive a response, while phone inquiries may take two to four business days depending on workload and availability.

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