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SIGNAL SCORE
About this property
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
| Units | 7 |
| Living area | 3,652 sqft |
| Lot size | 8,976 sqft |
| Year built | 1887 |
| Price / sqft | $260 |
| County | Worcester |
| MLS # | 73516009 |
Listing status
| Days on market | 26 days |
| Listed on | May 11, 2026 |
Taxes & financials
| Annual property tax | $9,771 |
| Tax year | 2026 |
| Assessed value | $710,600 |
| Zoning | RG-5 |
| Gross income (actual) | $117,000/yr |
| Net operating income (actual) | $78,042/yr |
| Total actual rent | $9,750/mo |
| Electric expense | $1,549/yr |
| Insurance expense | $5,591/yr |
Building & lot
| Stories | 5 |
| Total rooms | 21 |
| Lot size | 0.21 acres |
| Garage spaces | 5 |
| Parking spaces | 10 |
| Parking | Paved Drive, Off Street |
| Foundation | Stone |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
Listing courtesy of Horvath & Tremblay — Ethan Lazar. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 3 Chelsea St, Worcester MA 01610 have?
It is a 7-unit multi-family property with 3,652 sqft of living area, built in 1887.
How long has 3 Chelsea St, Worcester MA 01610 been on the market?
3 Chelsea St, Worcester MA 01610 has been listed for 26 days (since May 11, 2026).
What are the property taxes on 3 Chelsea St, Worcester MA 01610?
Annual property taxes are $9,771 (2026), on an assessed value of $710,600.
What is the price per square foot?
At $950,000 for 3,652 sqft, that's about $260 per square foot.
Is there parking?
5 garage spaces and 10 total parking spaces (paved drive, off street).
Where is this property located?
3 Chelsea St, Worcester MA 01610 is in Worcester, Worcester County, MA 01610.
