Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

345 Park Ave

Worcester, MA ID #73410330

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345 Park Ave

- Worcester, MA ID #73410330

Property Description

This well-located 6-unit property at 345 Park Avenue features a mix of four 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, totaling 3,296 sq ft of living space. Four of the six units have been extensively renovated with granite countertops, new bathrooms, updated flooring, and modern finishes. All units are separately metered for gas heat, hot water, and electricity, with tenants paying their own utilities. The property includes six off-street parking spaces. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $10,330 monthly. Ideally positioned on the edge of the Piedmont neighborhood, it’s just a block from the intersection of Park Avenue and Chandler Street and a short walk to Clark University, with WPI located just a mile away. With continued rent growth potential and strong rental demand driven by over 36,000 local students, 345 Park Avenue offers a compelling investment opportunity.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 01610
  • Taxes: 13,488
  • Levels: 6
  • Acres: 0.11

Parking

  • Parking: Paved Drive, Off Street
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 6
  • Total Floors: 6
  • Total Rooms: 26

Location

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345 Park Ave, Worcester, MA

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Ethan Lazar of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.