NEW PRICE!!!Prime Mixed-Use Investment OpportunityUnlock the potential of this versatile three-unit residential property, ideally situated in a business-zoned district offering exceptional flexibility for investors, owner-occupants, and entrepreneurs alike. The property features three income-producing residential units, ample off-street parking, and valuable on-site signage visibility, providing outstanding exposure for approved business uses.Located in a high-traffic area with convenient access to local amenities, major routes, and commercial services, this property presents a unique opportunity to generate residential rental income while benefiting from the advantages of business zoning. Whether you're seeking a strong investment, a live-work arrangement, or future redevelopment potential, this property offers flexibility and long-term value.
This home has been viewed 29 times
Last Checked: July 14th, 2026 at 4:29am (Source: MLS PIN #73500601)
Gross Income: $68,652
Gross Expenses: $8,138
Net Income Calc: $60,514
Water Views
Annual Expenses for 440 Park Ave, Worcester MA 01610
Total Gross Expenses (Calculated)$8,138/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8138
Annual Income & Unit Breakdown for 440 Park Ave, Worcester MA 01610
Total Gross Income (Calculated)$68,652
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 440 Park Ave, Worcester MA 01610
Listing ID73500601
Property TypeMulti Family / 3 Family
Price799900 ($248.26/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3222
Approximate Lot Size (Acres)0.14
Total Parking10
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual,Approximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningBG-3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 440 Park Ave, Worcester MA 01610
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsLiving Room Shelves
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 440 Park Ave, Worcester MA 01610
Real Estate Taxes8138
Tax Year2025
Assessed Value$617,000
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 440 Park Ave, Worcester MA 01610
Elementary SchoolColumbus
Middle SchoolSullivan
High SchoolSouth
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 440 Park Ave, Worcester MA 01610