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
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Horvath & Tremblay
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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.
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