3
Units
5/5/4 BR
Bedroom Mix
$130,800
Annual Income
1910
Year Built
4,200
Square Feet
No
Garage
Large c.1910 three-story multi-family on Park Avenue with recently renovated units featuring recessed lighting, hardwood floors, and modern finishes. Approximately 4,200 SF and second-highest income in the portfolio with +$30,000/year in scheduled rent increases.
Property Features
- Recently renovated
- Recessed lighting
- Hardwood floors
- Modern finishes
- Large units
- c.1910
- ~4,200 sq ft
Photo Gallery
Unit-Level Rent Roll
| Unit | Bedrooms | Bathrooms | 2025-2026 Annual | 2026-2027 Annual | Monthly (Stabilized) | Change |
|---|---|---|---|---|---|---|
| 1 | 5 | 2 | $31,200 | $48,000 | $4,000 | +$16,800 |
| 2 | 5 | 2 | $34,800 | $48,000 | $4,000 | +$13,200 |
| 3 | 4 | 1 | $34,800 | $34,800 | $2,900 | — |
| TOTAL | $100,800 | $130,800 | $10,900 | +$30,000 | ||
Annual Operating Costs
Insurance
$6,100
Property Taxes
$7,284
Owner Utilities
$2,100
Total Known Costs
$15,484
Location
188 Park Ave, Worcester, MA 01602
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Douglas Elliman
The Brody Murphy Novak Group at Douglas Elliman Real Estate — 20 Park Plaza, Boston, MA 02116