345 Park Ave, Worcester, MA 01610

Local realty services provided by:ERA Cape Real Estate
#1#2#3
345 Park Ave,Worcester, MA 01610
$1,200,000
  • 10 Beds
  • 6 Baths
  • 3,296 sq. ft.
  • Multi-family
  • Active
Listed by:ethan lazar
Office:horvath & tremblay
MLS#:73410330
Source:MLSPIN

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$364.08

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.

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Home facts

  • Year built:1890
  • Listing Id #:73410330
  • Updated:August 14, 2025 at 10:28 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:3,296 sq. ft.

Structure and exterior

  • Year built:1890
  • Building area:3,296 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$364.08
  • Tax amount:$13,488 (2025)
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