Great location with easy access to all major routes. Two residential apartments in the back, with two bedrooms in second floor and one bedroom on the first floor. Three commercial units at the front (one restaurant, one coffee shop, and one retail ). Bonus on third floor for extra storage or rooms for owner occupied to used. Full rental, great for investment or owner occupied with mortgage help (mixed multi-use commercial with free standing). All updated units; long time tenants with good income. Lots of parking on the side and at the front street. SOLD AS IS.
This home has been viewed 18 times
Last Checked: June 13th, 2025 at 5:28am (Source: MLS PIN #73387501)
Gross Income: $67,800
Gross Expenses: $10,823
Net Income Calc: $56,977
CAP Rate: 4.13%
Annual Expenses for 377 Park Ave, Worcester MA 01610
Total Gross Expenses (Calculated)$10,823/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,823.41
Annual Income & Unit Breakdown for 377 Park Ave, Worcester MA 01610
Total Gross Income (Calculated)$67,800
Unit 1
Rental Income$1,800
LeaseN
Bedrooms0
Bathrooms2 Half
Floor1
Levels in Unit0
HeatingYes
Rent Includes
Unit 2
Rental Income$1,150
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$1,500
LeaseY
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 4
Rental Income$1,200
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
General Information for 377 Park Ave, Worcester MA 01610
Listing ID73387501
Property TypeMulti Family
Price$1,379,900 ($328.47/SqFt)
Style5+ Family - 5+ Units Up/down
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total4,201 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking1
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel, Corner Lot
Foundation Area0
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpacePorch
ZoningMG-1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 377 Park Ave, Worcester MA 01610
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$57,900
Total Net Income By Broker$57,900
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 377 Park Ave, Worcester MA 01610
Real Estate Taxes$10,823.41
Tax Year2024
Assessed Value$360,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$57,900
BostonRealEstate.com Gross Income
Total Net Income By Broker$57,900
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.13%
Location Information for 377 Park Ave, Worcester MA 01610
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 377 Park Ave, Worcester MA 01610