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3 Chelsea St

Worcester, MA 01610
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Bed 9

Bed

Bath 7

Bath

SqFt3,652

Sqft

Acres0.21

Acre(Lot)

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 prope rty represents a strong investment opportunity in the growing Worcester market.

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Detail Ic Property Details

Property Type : Residential Income

Price : $950,000

AD Id : 78324472

MLS Id : 73516009

Beds : 9

Lot Size : 0.21 Acre

Living Area Size : 3,652

Year Built : 1887

Garage : 5

County : Worcester

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Feature Features

  • Bathroom Information

    Total Baths: 7 Full Baths: 7

    Room Information

    Total Bedroom: 9
  • Heating & Cooling

    WaterSource: Public

  • Building Information

    Year Built: 1887
  • Exterior Features

    Foundation Details: Stone

  • Lot Information

    Lot Size Area: 0.21 Lot Size Units: Acres Lot Square Feet: 8,976 Lot Acres: 0.21 Stories: 5 Main Square Feet: 0.21

    Property Information

    Property Type: Residential Income Sub Type: 5-9 FamilySQ ft (Living Area): 3,652

  • Listing Price Information

    Original Listing Price: $1000000

  • Tax Information

    Parcel Number: M:07 B:036 L:24+31,1769405 Annual Tax: $9771

  • Parking Information

    # of Garage Spaces: 5 Has Garage: Yes Parking Total: 10 Paved Drive, Off Street

  • Location Information

    Direction: Use GPS
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
151 Providence St, Worcester, MA, 01610 $725,000 9 3 4,194 4,194 SqFt
112 Epworth St, Worcester, MA, 01610 $599,999 4 3 2,000 2,000 SqFt
81 Ward St, Worcester, MA, 01610 $749,900 6 3 2,416 2,416 SqFt
10 Ellsworth, Worcester, MA, 01610 $1,100,000 14 5 6,140 6,140 SqFt
17 Bigelow St, Worcester, MA, 01610 $384,900 3 2 1,296 1,296 SqFt
6 Piedmont St, Worcester, MA, 01610 $699,000 8 5 4,005 4,005 SqFt
200 Beacon St, Worcester, MA, 01610 $400,000 3 2 1,598 1,598 SqFt
5 Ripley Place, Worcester, MA, 01610 $889,000 4 3 2,366 2,366 SqFt
5 Claremont Street, Worcester, MA, 01610 $1,345,000 17 4 10,450 10,450 SqFt
23 Wyman St, Worcester, MA, 01610 $879,000 12 6 4,191 4,191 SqFt

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ByOwner last updated this listing 06/25/2026 @ 02:03

MLS: 73516009 LISTED BY: Ethan Lazar, Horvath & Tremblay 781-776-4000 SOURCE: MLS Property Information Network

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