585 Park Ave, Worcester MA 01603

Worcester, MA 01603

$875,865

$799,865

Est. $6,131/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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0.69

Acres

1965

Year Built

181

Days on Market

For Sale Price Drop -$76,000 Listed Apr 7, 2026 • MLS# 73497234 Copied! • Updated May 24, 2026

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About this home

Property is ideal for investor owner. Still has two office spaces available for rent to increase the current income. Some of the parking area is rented that part of the entire income today. Long term commercial leases on the 1st floor. Residential on the second floor has TAW. This is a good find for the right person.

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Recently Sold Nearby

Property History

Market Insights

1

Price Changes

8.7%

Price Range

Property Timeline

↓

Price Reduced

May 20, 2026

$799,865 $76,000 (-8.68%)

From $875,865 to $799,865 (-8.7%)

🏠

Listed for Sale

Apr 7, 2026

$875,865

Original listing

Agent: Ray Lopolito Office: Starterline

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
05/20/2026	↓ Price Reduced	$799,865	$76,000	-	From $875,865 to $799,865 (-8.7%)
04/07/2026	🏠 Listed for Sale	$875,865	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$22,636	—

Financial Details

Annual Property Tax

$22,636

Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1965

Lot Size 0.69 acres

Investment Metrics

Gross Income $108,000

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other Public Water, Public Sewer, Natural Gas Available, Three Phase

Financial

Annual Tax $22,636

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Seller May Consider Holding Paper With Right Offer. No 21e Available. Buyer To Perform At Own Costs For Testing And Mediation If Required. Owner Working On Bring Residential To Current Code Compliance With Right Offer.

Additional Details

Possession None

Accepted Financing None

Structure Type []

Documents None

County Worcester

Property Overview

Listing Type

For Sale

Year Built

1965

Floor Layout

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1965

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

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Sewer:

Energy Features:

Exterior & Lot

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Patio & Porch:

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Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment

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Principal, interest, taxes & insurance

Loan Amount

$0

After down payment

Total Interest

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Over life of loan

Total Cost

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Including down payment

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $1,886

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

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+0.5% Rate

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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

585 Park Ave, Worcester MA 01603

Worcester, MA 01603

Listing Information

Listing Agent Ray Lopolito

Listing Office Starterline

Office Phone 508-753-9000

Agent MLS ID BB902582

Office MLS ID K95533

Listing Data Updated May 24, 2026 3:06 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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