3 Chelsea St, Worcester, MA 01610

Worcester
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
3 Chelsea St,Worcester, MA 01610
$950,000
  • 9 Beds
  • 7 Baths
  • 3,652 sq. ft.
  • Multi-family
  • Active
Listed by: ethan lazar
Office: horvath & tremblay
MLS#:73516009
Source:MLSPIN

Price summary

  • Price:$950,000
  • Price per sq. ft.:$260.13

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.

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Home facts

  • Year built:1887
  • Listing ID #:73516009
  • Updated:June 24, 2026 at 10:56 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:7
  • Full bathrooms:7
  • Rooms Total:21
  • Living area:3,652 sq. ft.

Structure and exterior

  • Year built:1887
  • Building area:3,652 sq. ft.
  • Lot area:0.21 Acres
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$260.13
  • Tax amount:$9,771 (2026)

Parking

  • Total parking spaces:10
  • Parking description:Off Street, Paved Drive
  • Garage:Yes
  • Garage spaces:5
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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