3 Chelsea StreetWorcester, MA 01610MLS Number 73516009

  • Price: $1,000,000
  • Est. Mortgage of $/month
  • 4 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
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3 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 016103 Chelsea Street Worcester MA 01610
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  • 9Bedrooms
  • 0.21Acreage
  • 7Bathrooms
  • 1887Year Built

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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. 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 7.8% cap rate at $142,857 per unit, this property represents a strong investment opportunity in the growing Worcester market.
Listed by Ethan Lazar of Horvath & Tremblay

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More Info

Basic Information

  • Gross Income $117,000
  • Mls StatusActive
  • Parcel Number M:07 B:036 L:24+31,1769405

Basic Information

  • List Price$1,000,000
  • MLS Number73516009
  • Modification Date05/15/2026
  • Property SubType5-9 Family

Property

  • Acreage0.21

Utilities

  • Electric Expense 1549
  • Sewer Public Sewer
  • Water Source Public

Legal

  • ZoningRG-5

Other

  • Date Listed05/11/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $710,600
  • Tax Year 2026
  • Taxes$9,771

Rooms

  • Bathroom7
  • Bathrooms Total Decimal 7
  • Bedrooms9
  • Full Bath7

Building

  • Building Area Units Square Feet
  • FoundationStone
  • Garage Spaces5
  • Levels 5
  • Rooms21
  • Stories5
  • Units7
  • Year Built1887
  • Year Built Details Actual
  • Year Built Source Public Records

Parking

  • Covered Spaces 5
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces10

Location

  • Address3 Chelsea Street
  • Building Number3
  • CountyWorcester
  • StateMA
  • StreetChelsea Street
  • TownWorcester
  • Zip01610

Property Information

  • Building Area Source Public Records
  • Living Area 3,652
  • Lot Size Square Feet 8,976
  • Lot Size Units Acres
  • Square Feet3,652

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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