37 Oak Ave, Worcester MA 01605

Worcester, MA 01605
$825,000
Est. $4,912/month
7
Beds
4
Baths
4,060
Sq Ft
$203
Price/Sq Ft
0.16
Acres
1890
Year Built
6
Parking
41
Days on Market
Pending Listed Jun 18, 2026 • MLS# 73538618 Copied! • Updated Jul 31, 2026

About this home

4-family property with three 2-bedroom units and one 1-bedroom unit. Driveway with lots of parking. Features two steam heating systems serving the first and second floors, two electric water heaters, and two gas water heaters. Property includes extensive PVC waste pipe updates, and most units have washer/dryer hookups. The third-floor unit is currently vacant and will be fully renovated with vinyl plank flooring, quartz countertops, and fresh paint throughout. Located just steps from UMass Memorial Medical Center. Perfect for medical professionals or traveling nurses.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jul 17, 2026
Active → Active Under Contract
Pending Sale
Jul 9, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Jun 18, 2026
$825,000
Original listing
Agent: Brian Allen Office: Property Investors & Advisors, LLC

Tax History

Year Taxes Assessment
2025 $6,480 $491,300

Financial Details

Annual Property Tax
$6,480
Tax Year 2025
Assessed Value
$491,300

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1890
Living Area 4,060 sq ft
Lot Size 0.16 acres
Bedrooms 7
Full Baths 4
Total Rooms 22

Investment Metrics

Units 4
Unit 1 Rent $1,300/mo · N
Unit 2 Rent $1,800/mo · N
Unit 3 Rent $1,800/mo · N
Unit 4 Rent $2,000/mo · N
Total Monthly Rent $6,900/mo
Gross Income $82,800
Net Operating Income $82,800
Cap Rate 10.04%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,480
Assessed Value $491,300
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Stated Rents Are Estimated. Current Rents Are $1, 300, $1775, $1, 750, And $2, 000.
Exclusions Tenants Personal Property
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 43 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
7
Full Bathrooms
4
Living Area
4,060 sq ft
Total Rooms
22
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation: Irregular
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features:
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
E

Elementary Schools

3 schools
Venerini Academy
0.3 mi
Grades PK-08
C-
Belmont Street Community School
0.4 mi | #720 of 824 | Score: 34.1
Dropped 111 spots from last year
-24.1 below state avg
615 students Diverse
Diverse Student Body Strong Attendance
Grades PK-06
Summit Academy School for Alternative Learners
0.5 mi
Grades K-12
M

Middle Schools

3 schools
The Nativity School of Worcester
0.1 mi
Grades 05-08
C+
Forest Grove Middle School
1.3 mi | #229 of 352 | Score: 38.3
Improved 91 spots from last year
-19.9 below state avg
839 students Diverse
Rising School Diverse Student Body
Grades 07-08
C+
Burncoat Middle School
1.6 mi | #233 of 352 | Score: 37.9
Improved 48 spots from last year
-20.3 below state avg
720 students Diverse
Rising School Diverse Student Body
Grades 07-08
H

High Schools

3 schools
A+
Massachusetts Academy of Math and Science at WPI
0.3 mi | #2 of 346 | Score: 91.7
Same rank as last year
99 students Diverse
Strong AP Program College Ready Curriculum Strong Attendance
Grades 11-12
C+
Worcester Technical High School
0.9 mi | #219 of 346 | Score: 49.8
Improved 47 spots from last year
-8.4 below state avg
1,442 students Diverse
19 sports • 1,016 athletes
Early College Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
B-
Doherty Memorial High School
1.4 mi | #195 of 346 | Score: 51.8
Improved 26 spots from last year
-6.4 below state avg
1,573 students Very Diverse
19 sports • 1,302 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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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 $540
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

Interest
Principal
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

37 Oak Ave, Worcester MA 01605

Worcester, MA 01605

Listing Information

Listing Agent Brian Allen
Listing Office Property Investors & Advisors, LLC
Office Phone 774-413-0272
Agent MLS ID K8000195
Office MLS ID AN6259
Listing Data Updated Jul 31, 2026 3:05 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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