Outstanding 3-Family Opportunity! Well-maintained by the same owner for many years, this vinyl-sided three-family is ideal for investors or owner-occupants looking to offset their mortgage with rental income. The 1st-floor unit is owner-occupied, while the 2nd and 3rd floors are vacant, offering immediate occupancy or rental potential. Features include hardwood floors, separate utilities, full basement, and off-street parking for 3 cars. Conveniently located near shopping, restaurants, highways, and public transportation. Buyer Notice: Flaking paint is present on the rear porches, which will affect FHA financing. Buyers should verify financing with their lender. Please view the 3D Virtual Tour before scheduling a showing. The tour includes all 3 units and the basement, allowing buyers to fully explore the property before visiting. Don't miss this exceptional opportunity!
This home has been viewed 24 times
Last Checked: July 19th, 2026 at 5:23am (Source: MLS PIN #73549695)
Gross Income: $0
Gross Expenses: $6,354
Net Income Calc: $6,354
Annual Expenses for 188 Vernon Street, Worcester MA 01607
Total Gross Expenses (Calculated)$6,354/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6354
Annual Income & Unit Breakdown for 188 Vernon Street, Worcester MA 01607
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 188 Vernon Street, Worcester MA 01607
Listing ID73549695
Property TypeMulti Family / 3 Family
Price599999 ($220.26/SqFt)
Style3 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total2724
Approximate Lot Size (Acres)0.08
Total Parking3
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRG-5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 188 Vernon Street, Worcester MA 01607
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
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 188 Vernon Street, Worcester MA 01607
Real Estate Taxes6354
Tax Year2025
Assessed Value$481,700
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 188 Vernon Street, Worcester MA 01607
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 188 Vernon Street, Worcester MA 01607