Property Description

Exceptional Mixed-Use Opportunity – 385 Pleasant St, Worcester!Located in the desirable Elm Park area, this well-maintained property, with two separate dwellings, features 2 residential units and 1 street-level commercial space totaling approx. 3,200 sq ft in BL-1 zoning. One unit is tenant-occupied at below-market rent, offering immediate upside potential. The second residential unit is newly renovated and move-in ready—perfect for an owner-occupant. The commercial space offers excellent visibility for a variety of business uses. Potential to add parking in the rear adds even more value. A great fit for investors or business owners looking to build equity while generating income in a prime Worcester location.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 18000
  • Net Operating Income: 18000

Utilities

  • Heat Zones: 2
  • Electric Info: 220 Volts, At Street
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2

Construction

  • Year Built: 1905
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Concrete, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73362568
  • Last Updated: 04/23/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/22/2025New$599,999$121MLSPIN
04/22/2025New$599,999$89MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: James Bahnan, RE/MAX Partners
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-04-23 03:30:00