$1,190,000
12
Beds
5
Baths
4,488
Living Area
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Property Description
**MULTIPLE OFFERS** ALL FINAL & BEST OFFERS DUE BY 11/6/25 @ 6pm. Located in the desirable WPI neighborhood, this fully renovated four-unit beauty offers the perfect turnkey investment. Rebuilt from top to bottom after a prior fire, it lives like new construction with all major systems replaced — including four HVAC units, hot water tanks, updated electrical, plumbing, sprinkler systems, and fire alarms. Each unit features modern finishes, mirrored walls and ceilings, laminate flooring, recessed lighting, and marble-like countertops in the kitchen areas, along with newer cabinets and stainless-steel appliances. Enjoy a brand-new architectural shingle roof and a double lot with Bowdoin Street frontage, offering a freshly paved parking area for up to eight vehicles. Steps from WPI and minutes to downtown Worcester’s vibrant dining and entertainment districts, this property combines classic historic character with modern comfort -ideal for investors seeking strong return & peace of mind!
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Highlights
- Cooling: Central Air
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1910
- Heating: Central, Forced Air
- Parking Spots: 8
- Property Type: 4 Family
- Total Rooms: 20
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Disposal
- Construction: Frame
- Flooring: Laminate
- Interior Features: Stone/Granite/Solid Counters, Remodeled
- Roof: Shingle, Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full
- Exterior Features: Balcony/Deck
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rg-5
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $443,500
- Taxes: $5,850
- Tax Year: 2025
- Total Rent: $11,000
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188 Park Ave Aka 127 Institute Rd
Worcester, MA 01609
$1,350,000
14
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5
Baths
5,140
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Listing information provided courtesy of Century 21 Custom Home Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.