Off Market
345 Park Ave, Worcester, MA
Worcester · MA 01610
- $1,200,000
- Price
- 10
- Beds
- 6
- Baths
- 3296
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
6 Units
Lot size:
4,825 Sq.Ft Lot
Price per square foot:
$364 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
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.
Neighborhood & Transit
345 Park Ave, Worcester · MA 01610
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 463 days
- Listing Price:
- $1,200,000
- Price per Sq.Ft:
- $364
- Tax Assessment:
- $1,022,600 in 2025
- Taxes:
- $1,124 / Monthly
Home Facts
Interior Features
- Bedrooms
- 10
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 3,296 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3296
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 4,825 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Ethan Lazar
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73410330
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