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188 Park Ave Aka 127 Institute RoadWorcester, MA 01609Price: $1,350,000

  • Price: $1,350,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,350,000List Price
  • 14Bedrooms
  • 5Bathrooms
  • 0.14Acreage
  • 5,140Square Feet
188 Park Ave Aka 127 Institute Road Worcester MA 01609
188 Park Ave Aka 127 Institute Road Worcester MA 01609
188 Park Ave Aka 127 Institute Road Worcester MA 01609
188 Park Ave Aka 127 Institute Road Worcester MA 01609
188 Park Ave Aka 127 Institute Road Worcester MA 01609
188 Park Ave Aka 127 Institute Road Worcester MA 01609
188 Park Ave Aka 127 Institute Road Worcester MA 01609
188 Park Ave Aka 127 Institute Road Worcester MA 01609
188 Park Ave Aka 127 Institute Road Worcester MA 01609

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Listed by Brian Allen of Property Investors & Advisors,LLC
Exceptional Investment Opportunity in the Heart of the WPI Student Rental Market! Fully renovated 14-bedroom, 5-bath three-decker offering outstanding cash flow and long-term stability. This property underwent a complete, high-end renovation in 2025 with all work professionally permitted and inspected. Major improvements include brand-new kitchens with granite counters, beautifully tiled bathrooms, new flooring throughout, all-new plumbing, electrical and gas heating systems, new water heaters, and a complete fire sprinkler system, coin Op laundry system, along with numerous additional upgrades.The property is fully leased to WPI students through Summer 2027, providing immediate, predictable rental income. Situated in one of Worcester's most sought-after student housing locations, this turnkey investment also features a large paved parking lot with ample off-street parking-a highly desirable amenity for students.

Property Details of 188 Park Ave Aka 127 Institute Road

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