188 Vernon Street, Worcester MA 01607
Worcester, MA 01607
$599,999
$575,000
Est. $3,637/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
Exceptional 3-Family Investment & Owner-Occupant Opportunity! Unlock the potential of this three-family property, offering an attractive opportunity for investors or owner-occupants looking to generate rental income and help offset their mortgage. The first-floor unit is currently owner-occupied, while the second- and third-floor units are vacant, providing flexibility for an owner-occupant, new tenants, or an investor seeking additional rental income. The property features hardwood floors, separate utilities, a full basement, and off-street parking for three cars. Recent mechanical updates include a furnace fully replaced in 2026 and two hot water heaters replaced in 2025. Conveniently located near shopping, restaurants, highways, and public transportation, this property offers a great combination of location, space, and income potential. Cash and conventional buyers encouraged. The property offers an opportunity to bring your vision and make improvements to suit your needs and investment strategy. Please view the 3D Virtual Tour, which includes all three units and the basement, before scheduling a showing. Whether you're looking to owner-occupy, expand your portfolio, or create a multi-unit income property, this three-family is worth a look!
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Recently Sold Nearby
Price & Status History
Market Insights
1
Price Changes
4.2%
Price Range
Property Timeline
Pending Sale
Aug 22, 2026
Offer accepted, sale pending
Showing Instructions Updated
Aug 16, 2026
New showing requirements
Price Reduced
Aug 12, 2026
$575,000
$24,999
(-4.17%)
From $599,999 to $575,000 (-4.2%)
Back On Market
Aug 8, 2026
Active
Status: Active under contract
Aug 3, 2026
Active → Active Under Contract
Showing Instructions Updated
Jul 15, 2026
New showing requirements
Listed for Sale
Jul 15, 2026
$599,999
Original listing
Agent: Miller Real Estate Group
Office: Keller Williams Pinnacle Central
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/22/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 08/16/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 08/12/2026 | ↓ Price Reduced | $575,000 | $24,999 | - | From $599,999 to $575,000 (-4.2%) |
| 08/08/2026 | • Back On Market | - | - | - | Active |
| 08/03/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/15/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/15/2026 | 🏠 Listed for Sale | $599,999 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,354 | $481,700 |
Financial Details
Annual Property Tax
$6,354
Tax Year 2025
Assessed Value
$481,700
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1890
Living Area
2,724 sq ft
Lot Size
0.08 acres
Stories
3
Bedrooms
6
Full Baths
3
Total Rooms
14
Investment Metrics
Units
3
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Interior
Heating
Forced Air, Natural Gas, Unit Control, Central
Cooling
None
Flooring
Wood, Hardwood
Appliances
Range, Refrigerator, Microwave, Washer, Dryer
Fireplace
None
Basement
Full, Walk-out Access, Interior Entry, Concrete
Laundry
Washer Hookup, Dryer Hookup, Washer & Dryer Hookup, Gas Dryer Hookup
Features
Ceiling Fan(s), Pantry, Storage, Walk-in Closet(s), Bathroom With Tub & Shower, Smart Thermostat, Internet Available - Broadband, High Speed Internet, Bathroom With Tub, Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony/deck
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
3
Utilities
Electric
Circuit Breakers, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Dryer, Washer Hookup
Financial
Annual Tax
$6,354
Assessed Value
$481,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
42 days
Property Overview
Property Type
3 Family
Listing Type
Sale Pending
Year Built
1890
Bedrooms
6
Full Bathrooms
3
Living Area
2,724 sq ft
Total Rooms
14
Stories
3
Levels
3
Floor Layout
Interior Features
Flooring:
Wood, Hardwood
Appliances:
Range, Refrigerator, Microwave, Washer, Dryer
Interior Features:
Ceiling Fan(s), Pantry, Storage, Walk-In Closet(s), Bathroom With Tub & Shower, Smart Thermostat, Internet Available - Broadband, High Speed Internet, Bathroom With Tub, Living Room, Kitchen
Windows:
Screens
Basement:
Full, Walk-Out Access, Interior Entry, Concrete
Laundry:
Washer Hookup, Dryer Hookup, Washer & Dryer Hookup, Gas Dryer Hookup
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Utilities & Systems
Heating:
Forced Air, Natural Gas, Unit Control, Central
Cooling:
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Worcester School District local
C-
Where Graduates Go
Class of 2021
51%
attend college
35%
4-Year
16%
2-Year
4%
Out of State
4%
Working
School Safety
2024-25
4.1%
Above Average
3.3%
Suspensions
1.7%
In-School
0.8%
Emergency
1.4% below state avg
Elementary Schools
10 schools
D
Vernon Hill School
0.4 mi
|
#786 of 825
|
Score: 29.6
Dropped 43 spots from last year
-28.6 below state avg
535 students
Diverse
Diverse Student Body
Grades PK-06
F
Quinsigamond School
0.6 mi
|
#792 of 825
|
Score: 29.2
Dropped 54 spots from last year
-29 below state avg
731 students
Diverse
Diverse Student Body
Grades PK-06
C-
Learning First Charter Public School
0.6 mi
|
#292 of 352
|
Score: 32.3
Improved 40 spots from last year
-25.9 below state avg
666 students
Diverse
Rising School
Grades K-08
F
Union Hill School
0.8 mi
|
#815 of 825
|
Score: 25.0
Dropped 19 spots from last year
-33.2 below state avg
383 students
Diverse
Grades K-06
C-
Canterbury School
1.1 mi
|
#747 of 825
|
Score: 32.8
Improved 62 spots from last year
-25.4 below state avg
307 students
Diverse
Rising School
Diverse Student Body
Grades PK-06
F
Grafton Street School
1.1 mi
|
#796 of 825
|
Score: 28.9
Improved 3 spots from last year
-29.3 below state avg
438 students
Diverse
Diverse Student Body
Grades K-06
C-
Jacob Hiatt Magnet School
1.2 mi
|
#693 of 825
|
Score: 36.3
Dropped 138 spots from last year
-21.9 below state avg
362 students
Diverse
Diverse Student Body
Grades PK-06
F
Worcester Cultural Academy Charter Public School
1.3 mi
|
#790 of 825
|
Score: 29.4
Improved 45 spots from last year
-28.8 below state avg
230 students
Diverse
Rising School
Diverse Student Body
Grades K-06
C-
Goddard School/Science Technical
1.4 mi
|
#707 of 825
|
Score: 35.1
Improved 13 spots from last year
-23.1 below state avg
334 students
Diverse
Grades PK-06
F
Chandler Elementary Community School
1.4 mi
|
#807 of 825
|
Score: 26.6
Dropped 61 spots from last year
-31.6 below state avg
412 students
Diverse
Diverse Student Body
Grades K-06
Middle Schools
6 schools
The Nativity School of Worcester
2.2 mi
Grades 05-08
Worcester SDA School
3.7 mi
Grades 01-08
C-
Worcester East Middle School
1.0 mi
|
#302 of 352
|
Score: 31.5
Improved 51 spots from last year
-26.7 below state avg
781 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
Forest Grove Middle School
3.2 mi
|
#230 of 352
|
Score: 38.2
Improved 90 spots from last year
-20 below state avg
938 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
B
Sullivan Middle School
3.2 mi
|
#156 of 352
|
Score: 44.0
Improved 29 spots from last year
-14.2 below state avg
954 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
Burncoat Middle School
3.9 mi
|
#231 of 352
|
Score: 38.0
Improved 50 spots from last year
-20.2 below state avg
679 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
High Schools
10 schools
Worcester Alternative High School
0.6 mi
36 students
Diverse
Diverse Student Body
Grades 07-12
Saint Paul Diocesan Junior/Senior High School
0.7 mi
Grades 07-12
Worcester Academy
0.7 mi
Grades 06-12
B+
Claremont Academy
1.4 mi
|
#9 of 25
|
Score: 37.3
Improved 317 spots from last year
-20.9 below state avg
451 students
Moderate
10 sports
• 216 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 07-12
C-
University Park Campus School
1.5 mi
|
#286 of 346
|
Score: 42.8
Dropped 9 spots from last year
-15.4 below state avg
224 students
Diverse
Early College Program
College Ready Curriculum
Grades 07-12
Notre Dame Academy
3.2 mi
Grades 07-12
C-
North High School
2.1 mi
|
#299 of 346
|
Score: 38.8
Improved 28 spots from last year
-19.4 below state avg
1,377 students
Diverse
14 sports
• 498 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
B-
Doherty Memorial High School
2.2 mi
|
#199 of 346
|
Score: 52.3
Improved 22 spots from last year
-5.9 below state avg
1,756 students
Very Diverse
19 sports
• 1,302 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
A+
Massachusetts Academy of Math and Science at WPI
2.4 mi
|
#2 of 346
|
Score: 91.7
Same rank as last year
98 students
Moderate
Strong AP Program
College Ready Curriculum
Strong Attendance
Grades 11-12
C+
Worcester Technical High School
2.7 mi
|
#223 of 346
|
Score: 50.1
Improved 43 spots from last year
-8.1 below state avg
1,409 students
Diverse
19 sports
• 1,016 athletes
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$530
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
188 Vernon Street, Worcester MA 01607
Worcester, MA 01607
Listing Information
Listing Agent
Miller Real Estate Group
Listing Office
Keller Williams Pinnacle Central
Office Phone
508-754-3020
Agent MLS ID
TEAM0533
Office MLS ID
AN8160
Listing Data Updated
Aug 26, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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