$950,000
3 Chelsea St
Worcester, MA, 01610
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.
Property Details
Price:
$950,000
MLS #:
73516009
Status:
Active
Beds:
9
Baths:
7
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
May 11, 2026
Finished Sq Ft:
3,652
Total Sq Ft:
3,652
Lot Size:
8,976 sqft / 0.21 acres (approx)
Year Built:
1887
Units:
7
Schools
Interior
Above Grade Finished Area
3652
Bathrooms
7 Full Bathrooms
Levels
5
Exterior
Covered Spaces
5
Garage Spaces
5
Open Parking Spaces
5
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
10
Parking Total
10
Stories
5
Financial
Tax Year
2026
Taxes
$9,771
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Worcester as of Jun 10, 2026
153
Multi Family Listed
92
Avg DOM
225
Avg $ / SqFt
$979,626
Avg List Price
Community
- Address3 Chelsea St Worcester MA
- CityWorcester
- CountyWorcester
- Zip Code01610
Subdivisions in Worcester
- Burncoat
- Community features: Public Transportation, Shopping, Pool, Medical Facility, Highway Access, House o
- Grafton/Hamilton Street Lake Park
- Hamilton of Lake Ave.
- Hammond Heights
- Lake Park
- Malden Woods
- Prime West Side- Salisbury Street Area
- Quiet Cul-de-sac off Mill Street on top of the hill with spectacular views of the city horizon.
- Rice Square
- Salisbury Street
- Tatnuck
- West Side
- West Side/Tatnuck
Similar Listings Nearby
Property Summary
- 3 Chelsea St Worcester MA is a Multi Family for sale in Worcester, MA, 01610. It is listed for $950,000 To schedule a showing of MLS#73516009 at 3 Chelsea St in Worcester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Horvath & Tremblay. 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.
3 Chelsea St
Worcester, MA