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537 Park Avenue, Worcester MA 01602

$699,000

Estimated $1,505/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $233,000

Total Rent: 38400/year

Estimated CAP Rate:

5 Bedrooms

Baths

3359

Total Parking: 4

5,175 (0.12)

Recently renovated three-unit multifamily property featuring a commercial storefront/office space. The first-floor commercial unit includes a full kitchen, 2 full bathrooms and a finished basement. The second-floor apartment offers two bedrooms, one full bathroom, and two additional bonus rooms in the finished attic. A separate, freestanding two-level building at the rear of the property provides a third unit with two bedrooms and one full bathroom.

This home has been viewed 7 times

Last Checked: October 23rd, 2026 at 5:13am (Source: MLS PIN #73592263)

Gross Income: $38,400

Gross Expenses: $4,459

Net Income Calc: $33,941

Annual Expenses for 537 Park Avenue, Worcester MA 01602

Total Gross Expenses (Calculated)$4,459/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4459.81

Annual Income & Unit Breakdown for 537 Park Avenue, Worcester MA 01602

Total Gross Income (Calculated)$38,400

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms2 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit2

Rent Includes

General Information for 537 Park Avenue, Worcester MA 01602

Listing ID73592263

Property TypeMulti Family / 3 Family

Price699000 ($208.1/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3359

Approximate Lot Size (Acres)0.12

Total Parking4

Garage Parking0

Year Built1930

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningBG-3

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 537 Park Avenue, Worcester MA 01602

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSurveillance Devices

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 537 Park Avenue, Worcester MA 01602

Real Estate Taxes4459.81

Tax Year2025

Assessed Value$276,100

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 537 Park Avenue, Worcester MA 01602

Neighborhood(s)

Area Amenities

Contact Information for 537 Park Avenue, Worcester MA 01602

Agent

Name: Jason Abdelnour

Office

Name: RE/MAX Partners

Phone: 508-635-1600

Team Members

Payment Calculator

, Interest

Property Taxes 371.65

Principal & Interest 4307.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Partners

Jason Abdelnour

Agent Phone

Office Phone

(508) 635-1600

Text Agent Call Agent Call Office

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    [description] => Recently renovated three-unit multifamily property featuring a commercial storefront/office space. The first-floor commercial unit includes a full kitchen, 2 full bathrooms and a finished basement. The second-floor apartment offers two bedrooms, one full bathroom, and two additional bonus rooms in the finished attic. A separate, freestanding two-level building at the rear of the property provides a third unit with two bedrooms and one full bathroom.
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[travel_routes] => 
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    [unparsed] => 537 Park Avenue, Worcester MA 01602
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EXIT

28 More Photos

Active

537 Park Avenue, Worcester MA 01602

$699,000

Annual Expenses for 537 Park Avenue, Worcester MA 01602

Annual Income & Unit Breakdown for 537 Park Avenue, Worcester MA 01602

General Information for 537 Park Avenue, Worcester MA 01602

Disclosures for 537 Park Avenue, Worcester MA 01602

Financial Information for 537 Park Avenue, Worcester MA 01602

Location Information for 537 Park Avenue, Worcester MA 01602

Contact Information for 537 Park Avenue, Worcester MA 01602

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

RE/MAX Partners

Jason Abdelnour