$950,000
 $5,100 est/mo Sourced by Back At You

3 Chelsea St,Worcester, MA 01610

Worcester, MA 01610

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Description

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.

Details

MLS #73516009
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1887
Days On Site140
Listing Provided ByHorvath & Tremblay | Ethan Lazar

Features

Bed(s)9
Bath(s) 7 Total
SQ Feet3,652
Garage5
Story(s)5
Units7
ZoningRG-5
Acreage0.21

Interior

Rooms Total21
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Foundation DetailsStone

Parking

Garage Yes / NoYes
Parking FeaturesPaved Drive, Off Street
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount9771
Tax Assessed Value710600
Tax Year2026

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyWorcester
CityWorcester
Zip Code01610
AreaWorcester
Listing VS Median (in 01610)
Price:
$950,000
low | high
Med:
$348,000
100% of Average
sqft:
3,652
low | high
Med:
1,464
100% of Average
$ / sqft:
$260
low | high
Med:
$238
58.621225194133% of Average
On site:
140
low | high
Med:
61
100% of Average
Sourced by Back At You

Market Activity 01610

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyWorcester
CityWorcester
Zip Code01610
AreaWorcester
Listing VS Median (in 01610)
Price:
$950,000
low | high
Med:
$348,000
100% of Average
sqft:
3,652
low | high
Med:
1,464
100% of Average
$ / sqft:
$260
low | high
Med:
$238
58.621225194133% of Average
On site:
140
low | high
Med:
61
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $712K - $1.187M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
73 Southgate St Property Photo 1
$753,000
73 Southgate St
Worcester, MA 01603
Listing Updated: September 16, 2026 at 2:16:49 PM PDT