3 Chelsea St, Worcester, MA 01610
- Beds
- 9
- Baths
- 7
- Sqft
- 3,652
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 5
- Number of bedrooms
- 9
- Number of bathrooms
- 7
- Square feet
- 3,652
- Lot size (acres)
- 0.21
- Year built
- 1887
Garage and parking
- Garage parking spaces
- 5
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2026)
- $9,771
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73516009 Last checked: …
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