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1 Cheney St, Worcester, MA
Worcester · MA 01610
- $785,000
- Price
- 12
- Beds
- 3
- Baths
- 4368
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1915
Units:
3 Units
Lot size:
4,818 Sq.Ft Lot
Price per square foot:
$180 / Sq.Ft
Parking:
5 Off Street Spaces
About this home
*Ask about 1st Time Homebuyer programs w/ grants up to $50,000, 3% down payment & closing costs covered* Exceptional investment or owner-occupant opportunity in the heart of Worcester! Perfectly situated just steps from Clark University within the tuition-free zone, this property draws consistent rental demand from students, professionals, and families alike. The well-maintained three-family home offers spacious 4-bedroom units, each with in-unit laundry and separate utilities for added convenience. Enjoy five off-street parking spaces?a rare amenity in this neighborhood. With market rents of approximately $2,500 per unit, the property projects a cap rate of 8?9%. Conveniently located near public transportation, shopping, restaurants, and major highways?this is an exceptional income-producing opportunity in one of Worcester?s fastest-growing areas.
Neighborhood & Transit
1 Cheney St, Worcester · MA 01610
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 302 days
- Listing Price:
- $785,000
- Price per Sq.Ft:
- $180
- Tax Assessment:
- $597,800 in 2025
- Taxes:
- $657 / Monthly
Home Facts
Interior Features
- Bedrooms
- 12
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 4,368 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4368
- Flooring
- Unknown
- Lead paint
- Yes, Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 4,818 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 5 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Johnny Long
- Listing office
- PRIVI Realty LLC
- MLS PIN #
- 73453782
- Disclosure
- All units Tenant at Will (TAW). Unit 2 will be vacant as of 12/31/2025
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