Well-maintained three-story multifamily property offering an excellent opportunity for both investors and owner-occupants seeking stable rental income and cash flow in the thriving Worcester market. The property features functional layouts, comfortable living spaces, and strong rental appeal. Additional highlights include off-street parking via rear driveway and basement space providing convenient storage and access to mechanical systems. Ideally located near downtown Worcester, major highways, public transportation, hospitals, universities, restaurants, and shopping, this property benefits from strong tenant demand. Worcester’s expanding job market and ongoing development continue to support stable rental income and long-term appreciation potential.
| Units | 3 |
| Living area | 4,467 sqft |
| Lot size | 5,255 sqft |
| Year built | 1890 |
| Price / sqft | $213 |
| County | Worcester |
| MLS # | 73489319 |
| Days on market | 73 days |
| Listed on | March 19, 2026 |
| Annual property tax | $7,805 |
| Tax year | 2025 |
| Assessed value | $591,700 |
| Zoning | RG-5 |
| Gross income (actual) | $87,600/yr |
| Net operating income (actual) | $87,600/yr |
| Total actual rent | $7,300/mo |
| Stories | 6 |
| Total rooms | 18 |
| Lot size | 0.12 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Partially Finished |
| Foundation | Brick/Mortar |
| Roof | Shingle |
| Construction | Brick |
| Flooring | Vinyl |
| Heating | Steam, Natural Gas |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator |
Listing courtesy of Property Investors & Advisors, LLC — Miguel Hernandez. Listing data © MLS PIN.
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It is a 3-unit multi-family property with 4,467 sqft of living area, built in 1890.
8 Pelham St, Worcester MA 01609 has been listed for 73 days (since March 19, 2026).
Annual property taxes are $7,805 (2025), on an assessed value of $591,700.
At $950,000 for 4,467 sqft, that's about $213 per square foot.
5 total parking spaces (paved drive, off street).
8 Pelham St, Worcester MA 01609 is in Worcester, Worcester County, MA 01609.