143-147 Vernon St, Worcester, MA 01604

Building Details

Year Built

1900

Listing office Re/Max Partners j***@jimmykre.com Show Phone

Listing date Apr 24, 2026

Source Elliman

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Overview

This is an investment opportunity to acquire a well-maintained mixed-use 8-unit portfolio. The portfolio includes two three-unit buildings and one two-family, delivering a flexible and desirable unit mix. The property features abundant off-street parking, two parking areas and a three-car garage. Extensive care is evident throughout, with numerous updates to cosmetics, plumbing, and electrical systems. Many units have updated kitchens, bathrooms, and forced hot air heating systems and are outfitted with in unit washer and dryer to enhance tenant appeal. Rents are currently below market, presenting a compelling value-add opportunity with the ability to increase annual income. The property is ideally located near major highways, hospitals, and Union Station, offering accessibility and long-term upside. The bike score is 31, the walk score is 57, and the transit score is 32.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Skin Care Clinic Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Worcester

County

Worcester

State

Massachusetts

Longitude

-71.7957744

Latitude

42.2446192

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FAQs

What type of property is this?

Multifamily property - Mixed-use 8-unit portfolio with value-add opportunity near major amenities.

Where is this multifamily property located?

The property is located at 143-147 Vernon St Worcester, MA.

What is the asking price?

The asking price for this property is $2,275,000.

What are key features of this property?

This property features: Significant value‑add opportunity: increase annual income by $40,000!; Well‑maintained 8‑unit portfolio with desirable unit mix.; Many units feature updated kitchens and bathrooms, forced hot air, and in‑unit washer/dryers.