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3 Chelsea StWorcester, MA 01610

For Sale

$950,000

Smart Buyer Rebate $4,750

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.

Listed by Ethan Lazar

·

Horvath & Tremblay

·

617-910-1219

Last updated June 06, 2026

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Source: MLSPin #73516009

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouthern Worcester
  • Bedrooms9
  • Bathrooms7
  • Days on Prevu35
  • Taxes$9,771/year
  • Size3,652 sqft
  • Price per sqft$260

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/02/2026
Price Decreased
$950,000
05/11/2026
Listed by Horvath & Tremblay
$1,000,000

Property Details for 3 Chelsea St

Exterior

Construction

  • Number Of Units Total: 7
  • Stories: 5
  • Stories Total: 5
  • Year Built: 1887
  • Year Built Details: Actual

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,652
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0
  • Lot Size Square Feet: 8,976
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $117,000.00
  • Operating Expense: $33,108.00

Taxes

  • Parcel Number: M:07 B:036 L:24+31,1769405
  • Tax Annual Amount: $9,771.00
  • Tax Assessed Value: $710,600.00
  • Tax Year: 2026

Interior

Measurements

  • Living Area: 3,652
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 7
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 9
  • Rooms Total: 21

Parking

Parking

  • Covered Spaces: 5
  • Garage Spaces: 5
  • Garage: Yes
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street
  • Parking Total: 10

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 9 bedrooms and 7 bathrooms in this multi-family home at 3 Chelsea St.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 3 Chelsea St.

What are the annual taxes for 3 Chelsea St?

Annual taxes for this multi-family home are estimated at $9,771.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,652 sqft.

3 Chelsea St is a 9-bedroom, 7-bath multi-family home for sale in Worcester MA 01610. Listed on Prevu for 35 days at $950,000. This includes a recent price decrease of $50,000. This residence features 3,652 square feet of living space, located in Worcester County. The median listing price for multi-family homes in this area is $439,000. Property amenities include parking. Explore more multi-family home listings in Worcester County.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.