3 Chelsea St, Worcester, MA 01610
3 Chelsea St, Worcester, MA 01610
3 Chelsea St, Worcester, MA 01610
3 Chelsea St, Worcester, MA 01610
3 Chelsea St, Worcester, MA 01610
3 Chelsea St, Worcester, MA 01610
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Aidas Kupcinskas

Aidas Kupcinskas

Foran Realty

+1(617) 240-0358
$ 950,000
Est. payment | /mo

9 Beds

7 Baths

3,652 SqFt

Save
$ 950,000
Est. payment | /mo
Save

9 Beds

7 Baths

3,652 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,652 sqft

Price per Sqft $260

MLS Listing ID 73516009

Bedrooms 9

Full Baths 7

Year Built 1887

Annual Tax Amount $9,771

Tax Year 2026

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type 5-9 Family

Property 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.

Location

State MA

County Worcester

Zoning RG-5

Direction Use GPS

Exterior

Garage Spaces 5.0

Total Parking Spaces 15

Garage Yes

Building

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Horvath & Tremblay

Nearby Locations

Aidas Kupcinskas

The buying and selling process is all about YOU. Whether you're a first time home buyer or a seasoned investor, I custom tailor my approach to suit YOUR needs.

 

Don't hesitate to reach out even for the most basic questions. I'm happy to help no matter where you are in the process.

+1(617) 240-0358

aidas@foranrealty.com

543 Main St, Dennis, MA, 02638-1910, USA

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3 Chelsea St