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1st image of 188 Park Ave Aka 127 Institute Rd, Worcester, MA 01609 | MLS# 73558186
2nd image of 188 Park Ave Aka 127 Institute Rd, Worcester, MA 01609 | MLS# 73558186
3rd image of 188 Park Ave Aka 127 Institute Rd, Worcester, MA 01609 | MLS# 73558186
4th image of 188 Park Ave Aka 127 Institute Rd, Worcester, MA 01609 | MLS# 73558186
5th image of 188 Park Ave Aka 127 Institute Rd, Worcester, MA 01609 | MLS# 73558186
6+
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$1,350,000

  • Beds Icon14 Beds
  • Beds Icon
    5 Baths

    5 full baths

  • Beds Icon5,140sqft

188 Park Ave Aka 127 Institute Rd, Worcester, MA 01609

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  • Triplex

  • Built in 1920

  • $-- HOA

  • 0.14 acre lot

  • $263/sq.ft

Description

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 im...

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  • Houzeo last checked: 4 hours ago
  • Listing updated: August 24, 2026 at 1:52 pm
  • Listing Provided by: Brian Allen (508) 868-0927 | Property Investors & Advisors, LLC (774) 413-0272
  • Source: MLS Property Information Network-MA | MLS#: 73558186 MLS Property Information Network-MA

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Worcester County

  • City

    Worcester

  • Neighborhood

    --

  • Year Built

    1920

  • HOA Fees

    -

  • Finished Area

    5,140 sqft

  • Lot Size

    0.14 acre lot

  • Basement Area

    - sqft

  • MLS Name

    MLS Property Information Network

  • MLS Number

    73558186

  • MLS Status

    Under Agreement

  • Days on Market

    22

Data provided by Redfin

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