DanielleBallou
(508) 942-9508
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216-228 Park Avenue
Worcester, MA 01609

$3,900,000

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Listing Details

  • $3,900,000
  • MLS# 73573445
  • Type Commercial - Investment
  • Status Active
  • 15,239
    Square Feet
  • 0.906 acres
    Lot Size
  • 1890
    Year Built
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Listed By

Agency Name: RE/MAX Partners
Agent Name: James Kalogeropoulos
Agency Phone: 508-635-1600

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Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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Home Value Estimate

Description

An exceptional opportunity to acquire a prominent four-property investment portfolio situated on a 39,478-square-foot site at one of Worcesters 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....read more

Features

  • $39,826 Taxes
  • Built in 1890
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Listed By

Agency Name: RE/MAX Partners
Agent Name: James Kalogeropoulos
Agency Phone: 508-635-1600

agent picture

Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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954 Main Street
Walpole, MA 02081
(508) 942-9508
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/24/2026. The listing information on this page last changed on 10/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 10/24/2026 12:09:25 AM EST) or MLSPIN MLS (last updated Fri 10/23/2026 11:34:40 PM EST) or Cape Cod / Islands MLS (last updated Sat 10/24/2026 12:07:11 AM EST). Real estate listings held by brokerage firms other than Donahue Real Estate Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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