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For Sale

216-228 Park Avenue, Worcester MA 01609

Worcester, MA 01609

$3.9M
15 BA · 15,239 sf · 0.91 ac · Built 1890
The residence

An exceptional opportunity to acquire a prominent four-property investment portfolio situated on a 39,478-square-foot site at one of Worcester’s most visible and sought-after corners. The portfolio consists of a 14-room rooming house, a 15-room rooming house, a three-family property with tenants at will and below-market rents, and a fully renovated single-family residence. The offering includes approximately 20 off-street parking spaces and provides multiple income streams with additional upside through rent growth and future asset stabilization. The parking-lot area may also offer the potential to construct a three-story, six-unit building. Preliminary architectural drawings from a similar development are available for reference. With strong visibility, substantial frontage, existing income, and potential redevelopment value, this is a rare opportunity to acquire a significant investment property in a difficult-to-replicate Worcester location. Any future development is subject to buyer due diligence and all required zoning, permitting, and city approvals.

At a glance
Property type
Commercial Sale
Status
Active
Year built
1890
Lot size
0.91 acres
Living area
15,239 sf
MLS#
d2200f333c1b33fd24c818156d430552
Beds · Baths
0 · 15
Location

Worcester, MA.

Worcester is a hill city of triple-deckers, mills turned to new use, and a revived downtown around the theatre and the canal district. It sits at the crossing of the Mass Pike and I-290, roughly midway between Boston and the Connecticut River.

Estimated Monthly Payment+
$19K/mo
Approximate · principal & interest only
Display Currency
$3.9M

Indicative conversion — settlement always in USD.

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Listing courtesy of RE/MAX Partners · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 4, 2026

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