Sold
3 Chelsea St, Worcester, MA
Worcester · MA 01610
- $900,000
- Price
- 9
- Beds
- 7
- Baths
- 3652
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1887
Units:
7 Units
Lot size:
8,976 Sq.Ft Lot
Price per square foot:
$260 / Sq.Ft
Parking:
5 Garage Spaces · 5 Off Street Spaces
About this home
This well located 7-unit property at 3 Chelsea St in Worcester, Massachusetts, consists of four studio apartments and two 2-bedroom/1-bathroom units on a 0.21-acre parcel. Each unit is separately metered for heat and electricity, and the owner is responsible for hot water and municipal water & sewer. The property also features two sources of parking income. The five front garage bays are rented to one operator for $700/month and there is a large contractor garage behind the property rented for $750/month. The property also features a new roof. There is an opportunity to dramatically increase rents through systematic improvements to unit interiors. Additionally, the property is situated just .3 miles from the College of Holy Cross. Listed at a 8.21% cap rate at $135,714 per unit, this property represents a strong investment opportunity in the growing Worcester market.
Neighborhood & Transit
3 Chelsea 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:
- 176 days
- Listing Price:
- $950,000
- Price per Sq.Ft:
- $260
- Tax Assessment:
- $710,600 in 2026
- Taxes:
- $814 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 7
- Half Bathrooms
- 0
- Living Area
- 3,652 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3652
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 8,976 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 5 Parking Spaces
- Off Street Parking
- 5 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Ethan Lazar
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73516009
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