Investment Analysis — 181 Park Street

This scenario doesn't come around often—181 Park Street is an updated and well-maintained three-family with one vacant unit (great for an owner-occupied buyer), plenty of parking and two long-time tenants paying near-market rent! If you're looking to build wealth through real estate and are tired of paying rent, this is worth a look! Extensive renovations since 2012 include updated plumbing, electrical and heating system. The roof and 4 water heaters were replaced in 2024-2025. All three apartments have large, updated eat-in kitchens with walk-in pantries for plenty of storage. Unit 1 has a large back deck, and units 2 and 3 each have an enclosed sun porch. Hardwood and tile flooring throughout, refinished hardwoods, with original woodwork, trim, and interior doors. Floor plans show the main level (Unit 2) and are generally representative of all three apartments. Utilities are separately metered, so tenants pay their own gas heat and electric. 4 updated electrical panels. Coin-op washer/dryer in common laundry for extra income. Low-maintenance vinyl siding and windows. Set on almost a half acre with a two-car garage, plenty of parking, and a partially fenced flat side yard currently used for raised bed gardens. Main unit (#2) is vacant and available for showings. Photos show units #1 and #2. Near Crystal Lake, the Greenwood pool, town center, hospital, shopping, Mount Wachusett Community College, North Central Pathway bike trail, and Route 2.