342 Lake Ave, Worcester MA 01604

Worcester, MA 01604
$199,000
Est. $1,059/month
0.26
Acres
Residential
Type
100
Days on Market
Pending Price Drop -$15,000 Listed Sep 26, 2025 • MLS# 73378689

About this home

Prime opportunity to build in a sought-after Worcester location! This versatile, buildable lot is zoned for multifamily or single-family use, offering endless possibilities for investors or those looking to create their dream home. Just steps from Lake Park and minutes to UMass Memorial, it’s perfectly positioned for convenience and lifestyle. Whether you’re envisioning a multi-unit income property or a custom single-family retreat, this lot has the potential to bring your vision to life. Don’t miss out!

Facts & Features

Property Overview

Property Type
Residential
Property Category
Land

Interior Features

Exterior & Structure

Waterfront Property
No

Lot & Land

Lot Size
0.26 acres
Lot Size
11,170 sq ft
Lot Size Area
0.2600
Lot Features
Easements, Gentle Sloping
Road Frontage Type
Public

Parking & Garage

Utilities & Systems

Water Source
At Street
Sewer
At Street
Electric
At Street
Gas
At Street

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$1,259
Tax Year
2023
Tax Assessed Value
$101,000
Zoning
RL-7

Additional Details

Location

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Neighborhood

342 Lake Ave, Worcester MA 01604

Worcester, MA 01604

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $105
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
May 22, 2025
$199,000
Original listing
Agent: Nicholas Panarelli Office: Castinetti Realty Group

Price & Status History

Date Event Price Change
May 22, 2025 New Listing Added $199,000 —

Market Statistics

Days on Market
100 days
Price per Sq Ft
$—
Total Price Drop
-$15,000

Tax History

Year Taxes Assessment
2023 $1,259 $101,000

Financial Details

Annual Property Tax
$1,259
Tax Year 2023
Assessed Value
$101,000

Listing Information

Listing Agent Nicholas Panarelli
Listing Office Castinetti Realty Group
Agent MLS ID CN254437
Office MLS ID AN4508

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342 Lake Ave, Worcester MA 01604 - Photo 1 342 Lake Ave, Worcester MA 01604 - Photo 2

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