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345 Park Ave, Worcester MA 01610

$1,150,000

Estimated $2,981.39/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $191,666.67

Total Rent: 85200/year

Estimated CAP Rate: 4.69%

10 Bedrooms

6 Full Baths

3,296 SqFt

Total Parking: 8

4,825 SqFt

6 unit building in the heart of Worcester right in the edge of Piedmont neighborhood and nearby Worcester Tech and Clark University with 8 car parking updated and fully rented. Convenient to all the shops, restaurants, pharmacies etc.

This home has been viewed 8 times

Last Checked: January 27th, 2026 at 7:38am (Source: MLS PIN #73471693)

Gross Income: $85,200

Gross Expenses: $31,262

Net Income Calc: $53,938

CAP Rate: 4.69%

Annual Expenses for 345 Park Ave, Worcester MA 01610

Total Gross Expenses (Calculated)$31,262/year

APOD AvailableYes

Heating

Electricity$660

Water$6,000

Gas$6,000

Insurance$6,522

Sewer$6,000

Trash Removal$1,680

Repair & Maintenance$3,000

Management

Miscellaneous

Real Estate Tax$13,400

Annual Income & Unit Breakdown for 345 Park Ave, Worcester MA 01610

Total Gross Income (Calculated)$85,200

Unit 1

Rental Income$1,800

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,650

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

Unit 4

Rental Income$1,650

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 345 Park Ave, Worcester MA 01610

Listing ID73471693

Property TypeMulti Family

Price$1,150,000 ($348.91/SqFt)

Style5+ Family - 5+ Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,296 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking8

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningBG-3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 345 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$17,862

Total Gross Income By Broker$124,200

Total Net Income By Broker$134,538

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 345 Park Ave, Worcester MA 01610

Real Estate Taxes$13,400

Tax Year2026

Assessed Value$833,800

Financial Data Source

Total Gross Expenses By Broker$17,862

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$124,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$134,538

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.69%

Location Information for 345 Park Ave, Worcester MA 01610

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 345 Park Ave, Worcester MA 01610

Agent

Name: Mirela Zafiri

Office

Name: Zafiri Real Estate

Phone: 978-210-3362

Payment Calculator

, Interest

Property Taxes 1116.67

Principal & Interest 7085.93

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Zafiri Real Estate

Mirela Zafiri

Agent Phone

Office Phone

(978) 210-3362

Text Agent Call Agent Call Office

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EXIT

Active

345 Park Ave, Worcester MA 01610

$1,150,000

Annual Expenses for 345 Park Ave, Worcester MA 01610

Annual Income & Unit Breakdown for 345 Park Ave, Worcester MA 01610

General Information for 345 Park Ave, Worcester MA 01610

Disclosures for 345 Park Ave, Worcester MA 01610

Financial Information for 345 Park Ave, Worcester MA 01610

Location Information for 345 Park Ave, Worcester MA 01610

Contact Information for 345 Park Ave, Worcester MA 01610

Agent

Office

Payment Calculator

Exclusive Listing Agent

Zafiri Real Estate

Mirela Zafiri