Commercial Sale at 143-147 Vernon Street, Worcester MA 01604, Worcester
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26 photos

$2,275,000

143-147 Vernon Street, Worcester MA 01604
Worcester, MA 01604
Listed by James Kalogeropoulos
Bedrooms
N/A
Bathrooms
N/A
Living area
10,806 sqft
Year built
1900

About this home

Exceptional investment opportunity to acquire a well-maintained mixed-use 8-unit portfolio, proudly held by the same family for two generations. 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, electrical systems. Many units have updated kitchens, bathrooms, 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 conservatively by $40,000. Ideally located near major highways, hospitals, and Union Station, this asset offers strong fundamentals, excellent accessibility, and long-term upside.

Property details

MLS #
73506607
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
154
On market date
April 23, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.55 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Vernon Hill School
0.36 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
469
Student:teacher ratio
13.8:1
District
Worcester
Middle
Worcester East Middle
0.83 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
781
Student:teacher ratio
13.7:1
District
Worcester
High
Claremont Academy
1.3 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
527
Student:teacher ratio
13.5:1
District
Worcester

Walkability

Blended score for Worcester's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

83
Highly walkable
out of 100
EPA National Walkability Index
14.2 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks14
Schools20
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Worcester, from live MLS data.

On the market 154 days -- 67 more days than Worcester's current average of 87 days.
For reference, the median list price across 1,154 active listings in Worcester right now is $349,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$13,850/mo
$455,000 down
$1,820,000 loan
Principal & interest$11,804
Property tax (est.)$1,896
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated April 27, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.