$1,200,000
345 Park Ave
Worcester, MA, 01610
This well-located 6-unit property at 345 Park Avenue features a mix of four 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, totaling 3,296 sq ft of living space. Four of the six units have been extensively renovated with granite countertops, new bathrooms, updated flooring, and modern finishes. All units are separately metered for gas heat, hot water, and electricity, with tenants paying their own utilities. The property includes six off-street parking spaces. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $10,330 monthly. Ideally positioned on the edge of the Piedmont neighborhood, it’s just a block from the intersection of Park Avenue and Chandler Street and a short walk to Clark University, with WPI located just a mile away. With continued rent growth potential and strong rental demand driven by over 36,000 local students, 345 Park Avenue offers a compelling investment opportunity.
Property Details
Price:
$1,200,000
MLS #:
73410330
Status:
Active
Beds:
10
Baths:
6
Address:
345 Park Ave
Type:
Multi Family
Subtype:
5-9 Family
City:
Worcester
Listed Date:
Jul 28, 2025
State:
MA
Finished Sq Ft:
3,296
Total Sq Ft:
3,296
ZIP:
01610
Lot Size:
4,825 sqft / 0.11 acres (approx)
Year Built:
1890
Units:
6
Schools
Interior
Bathrooms
6 Full Bathrooms
Exterior
Parking Features
Paved Drive, Off Street
Parking Spots
6
Financial
Tax Year
2025
Taxes
$13,488
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Similar Listings Nearby
- 18 Catharine St
Worcester, MA$1,395,000
1.77 miles away
- 2 & 4 Rockdale St
Worcester, MA$1,380,000
3.56 miles away
- 377 Park Ave
Worcester, MA$1,379,900
0.12 miles away
- 15/15A King Philip Rd
Worcester, MA$1,350,000
3.28 miles away
- 11 Mount Vernon Street
Worcester, MA$1,250,000
1.91 miles away
- 15 Forestdale Rd
Worcester, MA$1,210,000
1.91 miles away
- 17 Windsor Street
Worcester, MA$1,200,000
1.94 miles away
- 862 Main St
Worcester, MA$1,169,900
0.50 miles away
- 10 Imperial Rd
Worcester, MA$1,100,000
2.39 miles away
Courtesy of Horvath & Tremblay. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
345 Park Ave
Worcester, MA
LIGHTBOX-IMAGES